Large stores becoming more important in grocery retail
December 2015-November 2016 grocery retail sales valued at HUG 1,620 billion. Value sales were up 2 percent but volume sales dropped 1 percent in the 90 food categories audited by Nielsen. Balázs Kapronczai, client service director of Nielsen told that sales grew above the average, by 4-8 percent, in the following categories: cheese, fruit juice, sweet biscuits, dog food, cooking oil, energy and sports drinks, cat food.
More and more consumers are looking for comfortable ways of shopping: sales by supermarkets and discount supermarkets located close to residential areas are growing above the average – informed Nielsen’s client business partner Eszter Kocsis. Sales concentration increased: the sales share of 400m² and smaller stores fell from 35 to 34 percent, while that of stores bigger than this grew from 65 to 66 percent.
Related news
OKSZ on inflation: We don’t do this!
Compared to April, food prices rose by 0.6 percent in…
Read more >Barcodes are being replaced after half a century
A new era in retail is about to begin: the…
Read more >Drugstore price cuts could come from mid-May: prices may be reduced in 30 product categories
The Hungarian government is planning to introduce a new markup…
Read more >Related news
Promotions, prices, alternatives – promotions and Hungarian households
Tünde Turcsán, managing director of YouGov spoke about how Hungarian…
Read more >K&H: investors will receive a missing compass
The K&H Securities – Investor Sentiment Index has been launched,…
Read more >Inflation in Austria fell to 3.0 percent in May
In Austria, the annual rate of consumer prices rose by…
Read more >