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
After a subdued year, the holiday season is strong
74% of online shoppers, around 3.1 million people, are preparing…
Read more >Lidl has published its 3rd sustainability report
Lidl Hungary’s sustainability report for the 2022/2023 business years has…
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 >