The majority of shoppers spend their money in hypermarkets and small shop chains
After the nadir of 2009 a slow consolidation process started in Hungarian retail in 2010. In nominal value households spent 1.4 percent more on food and household chemical products. It was the second part of last year when retail’s performance took a positive turn. Hypermarkets and small shops were the biggest winners, especially in terms of shopping intensity. Fewer households went shopping in supermarkets. Discount stores: aggregated market share grew with the exit of Plus stores and the expansion of German-owned chains. Drugstores kept increasing their turnover, households spent 14 percent more in this channel.
Related news
Related news
Change of leadership at the head of Henkel’s Hungarian Consumer Brands business
Maurizio Salvaggio will be the new Head of Consumer Brands…
Read more >You can still save, but not on all margin-stopped products
Although the effect of the Hungarian price caps is starting…
Read more >The BioTechUSA group was able to grow despite market challenges
The purely domestically owned BioTechUSA group has published its annual…
Read more >