Retail chain ranking 2011: Tesco, CBA and Coop are the top three
Although the level of consumer confidence is strikingly low in Hungary (the lowest in the world: in the fourth quarter of 2012 it was 30 points when the global average was 89), food, household chemical and cosmetics retail volume sales dropped only slightly last year, in comparison with the previous year.
This relatively good performance is the result of hard work: the active approach of FMCG companies is reflected by the television ad spending ranking as last year Hungarian channels broadcasted 3.38 million commercials and from this 1.27 million were from FMCG manufacturers. As for the ranking of retail chains, Tesco held on to its number one position: after the HUF 666.5-billion performance last year, in the March 2011-February 2012 fiscal year Tesco’s turnover was HUF 705.2 billion. CBA came in second in the ranking with HUF 565 billion, followed by Coop with a HUF 510-billion performance. The former’s revenue increased, while the latter’s did not change from the previous year. Three companies changed their position in the ranking: Lidl, with a turnover of HUF 234.6 billion outperformed Auchan and climbed to the sixth spot. According to Nielsen’s estimation, Aldi overtook drogerie markt and with its HUF 69-billion turnover it is eleventh in the ranking. Rossmann is now thirteenth because it generated higher revenue than Match. Nielsen’s latest ShopperTrends survey revealed that in our region Hungarians are the biggest hypermarket-goers, together with Slovakians. In the four weeks before the survey participating Hungarians visited the units of 3.6 retail chains. Austrians, Slovakians and Czechs visited more and the Polish and the Romanians went to fewer stores. 39 percent of Hungarians go for a big shopping trip once a month – just like a year ago – and 31 of them do it weekly (last time this ratio was 29 percent).
Related news
Related news
Winners of the Symbol of Sustainability 2025 Announced
For the sixth time, Trade Magazin has launched the Symbol…
Read more >The trade association and the competition authority interpret the results of the competition office’s investigations differently
According to the National Trade Association (OKSZ), investigations by the…
Read more >Insect-based foods: why aren’t they replacing traditional meats?
Although in recent years insect farming has been promoted as…
Read more >