Trade Alliance: the impact of black Friday can be detected in the domestic e-commerce’s turnover
The impact of black Friday can be detected in the domestic e-commerce, but for the turnover of traditional stores it is still not has such a great effect in Hungary to quantify it – Vámos György, Secretary General of the National Trade Association (OKSZ) told MTI.
For nearly fifty years, Black Friday – the 24th of November this year – is traditionally the start of the Christmas shopping season in the United States, when merchants are offering special discounts.
In Hungary, the impact of black Friday is higher in Internet commerce – Vámos György said, noting that several companies had already started the action earlier. According to estimates, e-traders can earn revenues between 5 and 10 billion forints. (MTI)
Related news
Amazon introduces Easy Ship in Europe
Online marketplace Amazon is introducing a shipping solution called Easy…
Read more >Regional e-commerce has reached a new level
Pepita Group Zrt. increased its domestic gross turnover by more…
Read more >The GVH is investigating the fulfillment of eMAG’s business support commitments
The Hungarian Competition Authority (GVH) is investigating whether eMAG is…
Read more >Related news
KSH: in January, consumer prices exceeded the values of the same month of the previous year by 5.5 percent on average
Compared to January 2024, food prices increased by 6.0 percent,…
Read more >Márton Nagy: high food inflation is unacceptable, the government is ready to take action with all means to protect families
According to Márton Nagy, high food inflation is unacceptable, and…
Read more >NGM spokesperson: prices were already corrected in the last days of January
According to the Central Statistical Office (KSH), in January 2025,…
Read more >