Big trouble? A wave of store closures can come with the mandatory promotions
The introduction of the new mandatory promotion has caused concern among retailers, who say it could have serious consequences for the sector.
Experts speaking to Pénzcentrum point out that this means free advertising for larger store chains and discounters, since customers can find their promotions not only in their own publications, but also on the government’s website.
According to the CEO of Eger és Vidéke Coop Zrt., Sándor Sütő, the company group is trying to comply with the decree, but believes that inflation cannot be reduced with mandatory actions. In addition, he notes that the interventions that have taken place so far and the high energy prices have already had a negative impact on the retail sector.
Related news
Small shops and pubs will continue to receive support
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Many Hungarian-owned stores are also in trouble due to the one billion markup limit
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Price Cap on 30 Essential Food Products: Government’s Strategy to Curb Inflation
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
Dea Frankó Csuba at the Inno d’Or conference: a future that can be shaped
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Chinese platforms accelerate warehouse growth across Europe
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The Ministry of Agriculture and Metro Trading Ltd. signed a cooperation agreement
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >