At least 40 thousand less staff in the stores
Image: blokkk.com
Due to a 10 percent drop in turnover in April and then a 3 percent drop in May and forced visit restrictions on most manufactured goods stores, the statistics were expected to show a significant drop in headcount during this period. And this was also confirmed, as according to the latest data, the number of employees in the stores decreased by 18.8 thousand in May compared to April (ie the month immediately preceding). May was the month when the rural shops could open on the 4th and the capital on the 18th, but not all shopkeepers succeeded, several remained closed, temporarily even or permanently, and shoppers also started to go to the shops slowly, not spending as much as before. (blokkk.com)
Related news
GKI analysis: margin cap – a lifeline for customers, a shackle for the market
Based on the announcement of Minister Márton Nagy, in March…
Read more >Margin freeze in Hungary: Who is affected and is government intervention really justified?
The Hungarian government will introduce a margin restriction on certain…
Read more >January was surprisingly good for retail
Compared to the weak end of the year, retail sales…
Read more >Related news
Róbert Zsigó: the price of basic foodstuffs is noticeably decreasing as a result of the margin freeze
The introduction of the margin cap has noticeably reduced the…
Read more >Easter campaign to promote lamb meat has begun
The Easter campaign to promote lamb has begun, which could…
Read more >Stability, trust, cooperation – retail players send message to the government
Margin restrictions may jeopardize the stability of supplier relationships in…
Read more >