Retail has not shaken by the crisis
While in the first half of the year it appeared that this year wll be about the collapsing of the mass-retail businesses, in the second half, it became clear that the sector is more stable than it was expected.
In the first half of the year 41 percent more retail companies were liquidated compared to a year earlier, but in the second half less liquidations occured than in the same period in 2008 – shows the report of Opten.
In the first half of the year 1219 retail company winding-up proceedings were initiated in Hungary – reports Világgazdaság Online.
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 >