Food-retailing grew by four percent both in value and volume
Food retail trade achieved a turnover of around 1,540 billion HUF between December 2014, and November 2015 in the ninety product categories measured by Nielsen; 4 percent more than during the same period of the previous year. In terms of volume retail sales rose by 4 percent – the Retail Index of the Nielsen consumer information and knowledge services company reveals among others.
“Turnover previously concentrated towards the stores with high sales space, while this process has stopped in recent years. The market share of stores larger than 400 square meters is still 66 percent as in the previous year “- Szűcs-Villányi Ágnes, department head of Nielsen said.
(source: Nielsen)
Related news
The National Trade Association held its general meeting
At its annual general assembly, the National Trade Association (OKSZ)…
Read more >Who won and who lost in 2024? – Spectacular differences in results in food retail
The balance of the 2024 business year in the food…
Read more >“If this continues, the promotions will disappear” – Interview with Zsolt Pálinkás, CEO of Tesco Hungary
In the spring of 2025, Pénzcentrum asked Zsolt Pálinkás, head…
Read more >Related news
Promotions, prices, alternatives – promotions and Hungarian households
Tünde Turcsán, managing director of YouGov spoke about how Hungarian…
Read more >K&H: investors will receive a missing compass
The K&H Securities – Investor Sentiment Index has been launched,…
Read more >Norway introduces tourist tax: municipalities can ease the burden of overtourism
According to experts, the corn crop is already showing a…
Read more >