Conscious home stores did not save on improvements
According to KSH data, in 2020 the volume of domestic retail sales decreased by 0.3% compared to a year earlier, so the coronavirus outbreak and the accompanying restrictions broke an expansion process that has been going on since 2013. However, when we consider that GDP fell by 5.1% over the same period, the retail sector has proved to be particularly crisis-proof, where technological developments have not been overshadowed. This is evidenced by the fact that laurel group, the market leader in commercial IT, was able to increase its net sales by 22% in one year.
Related news
Table eggs rose by 30 percent in the first half of the year
According to European Commission data, the EU (EU27) was a…
Read more >Prices of light and heavy lamb continue to rise
According to European Commission data, the European Union’s imports of…
Read more >KSH: in May, the gross average salary was 702,800 forints, 7.8 percent higher than a year earlier
In May, the average gross salary of full-time employees was…
Read more >Related news
New survey: consumers don’t want toxic chemicals
A new survey across five countries has revealed serious concerns…
Read more >Fresh milk sales have turned into losses – GVH graph highlights
A new and previously overlooked issue has come to light…
Read more >Corner stores are slowly disappearing: 22,000 stores have disappeared in four years
By the end of 2024, more than 5,200 retail stores…
Read more >