Trade Association: the Black Friday action does not affect the December gift purchase badly
Many people anticipated the end of the year purchase during the Black Friday in November,but this will not make December spendings lower – Vámos György, Secretary-General of the National Trade Association (OKSZ) told M1 news channel on Sunday.
In his opinion, the real upswing in the Christmas gift purchase is beginning now.
The Secretary-General said that this year, there will be purchase actions before Christmas as well, but less than before, and the real big downturn is foreseen between the two holidays and in January.
Related news
EuroCIS 2025: Serious interest in the retail technology trade fair
Amazon and TikTok recently signed an agreement that will allow…
Read more >KSH: retail turnover exceeded the same period of the previous year by 3.6 percent and the previous month by 1.2 percent
In October, the volume of retail trade turnover exceeded the…
Read more >Hungarian Retailers Unite for Charity During the Holiday Season
Seven major Hungarian food retail chains—Aldi, Auchan, Lidl, Penny, SPAR,…
Read more >Related news
After a subdued year, the holiday season is strong
74% of online shoppers, around 3.1 million people, are preparing…
Read more >Battle of the regions: these are the most popular dishes according to Hungarians
Five times the national average of Mexican food is consumed…
Read more >Business-tailored halls help SMEs develop and grow
RaktárAD, a logistics developer with a Belgian-Hungarian ownership background, has…
Read more >