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News and articles

Portugal plans to make PET bottles returnable
Date: 2019-01-31 09:34:08

The Portuguese government has launched a programme to encourage the return of non-reusable plastic bottles: a new bill states that from 1 January 2022 a system for the storage of...

GKI: 2018 was probably the best year of the decade for Hungary
Date: 2019-01-31 09:20:50

GKI estimates that Hungary’s GDP expanded by 4.6 per cent in 2018 and this rate was remarkably high in the EU. The growth cycle is likely to have reached its...

Wrangling about the profit
Date: 2019-01-31 09:13:11

At the end of January the European Commission (EC) decided to go to court about the Hungarian rules for the retail sales of agricultural and food products – the EC’s...

Turkey: EBRD loan for developing Migros
Date: 2019-01-31 08:58:27

The European Bank for Reconstruction and Development (EBRD) has announced granting an EUR 60-million loan for modernising Migros stores in Turkey. Not only stores will be revamped from this sum,...

Retail Decoded continues
Date: 2019-01-31 08:57:06

Shop!’s podcast series already has six episodes: in the latest one Jean-Pierre Lacroix, president of the Toronto-based agency Shikatani Lacroix gives an insight into how artificial intelligence technology can be...

nIm – milk in Klingonese
Date: 2019-01-31 08:50:40

Fozzy Group, one of the biggest food retailers in Ukraine has opened a 1,170m² Star Trek-themed supermarket in Kharkiv. In the store product categories are also indicated in the Klingon...

Lidl-Müller partnership in the United Kingdom
Date: 2019-01-31 08:50:21

Lidl’s strategy heavily builds on British farmers, so two thirds of their products in UK stores come from local suppliers. Last year Lidl entered into a partnership with Müller Milk&Ingredients:...

Unilever buys ‘Vegetarian Butcher’
Date: 2019-01-31 08:50:19

Unilever has acquired Dutch ‘vegetarian butcher’ company De Vegatarische Slager. The Utrecht-based ambitious manufacturer of meat substitutes established 4,000 points of sale in 17 countries in 11 years. Their products...

Continente launches electronic invoice in Portugal
Date: 2019-01-31 08:50:17

Continente is the first food retailer in Portugal to have introduced e-invoicing: by using this service shoppers receive invoices via e-mail in real time, at the time of purchase. The...

Magazine: Blockchain is waiting for retail to discover it
Date: 2019-01-31 07:39:34

On 16 October the Budapest Chamber of Commerce and Industry (BKIK) organised a conference about the not yet utilised opportunities offered to retail by the blockchain technology. Zoltán Házi, the...

Walmart tests self-driving cars
Date: 2019-01-31 07:07:24

Walmart plans to speed up the home delivery of FMCG products by using self-driving cars – the model is being tested in Arizona, in cooperation with Udelv. In the current...

Alibaba buys Berlin-based company data Artisans
Date: 2019-01-31 07:07:22

Chinese e-commerce giant Alibaba Group paid USD 103.3 million for data processing and streaming company data Artisans, which has customers such as Uber, Lyft, eBay, Comcast, a Huawei and Kin....

Two from three British shoppers chose Aldi or Lidl at Christmas
Date: 2019-01-31 07:07:19

Two thirds of British households bought food and drinks in an Aldi or Lidl store before Christmas. According to the latest data from Kantar Worldpanel, almost all retail chains saw...

Carrefour: new store format in Italy and Belgium
Date: 2019-01-31 06:59:28

In Portogruaro Carrefour Italia debuts with a new hypermarket that aims at making shopping simpler: they sell organic fruits and vegetables supplied by local farmers, ready meals to go, there...

British Co-op to open 100 new stores in 2019
Date: 2019-01-31 06:59:25

Co-op is investing GBP 200 million in opening 100 new stores in the United Kingdom in 2019. The development programme will create 1,500 new jobs. These shops will open at...

Leclerc and Carrefour: new pick-up locations for pedestrians
Date: 2019-01-31 06:59:21

‘E.Leclerc Relais’ is the name of Leclerc’s latest, 7th pick-up location for pedestrians in Paris, which opened on 9 January. Carrefour has also announced that before the end of January...

Tesco uses robots for home delivery
Date: 2019-01-31 06:49:37

Teaming up with Starship Technologies, Tesco started using robots for home delivery in the United Kingdom: from a Tesco Extra store 1,000 products can be ordered, which are delivered in...

Alibaba to build a trade hub in Belgium
Date: 2019-01-31 06:43:46

Alibaba, the biggest Chinese online retailer is to build its own 220,000m² base in Belgium, close to the Liége airport – reported Handelsblatt. The company will invest at least EUR...

More young people bought Christmas presents using apps
Date: 2019-01-31 06:37:56

The latest report by Selectivv has revealed that more and more consumers are using some kind of smartphone app to buy gifts. In the last quarter of 2018 the number...

Good performance from Amazon Web Services
Date: 2019-01-31 06:31:25

Last year more than half of e-commerce giant Amazon’s revenue came from Amazon Web Services (AWS). Amazon launched this in 2006 to provide businesses with cloud-based IT services. In the...

How does the introduction of Payment Services Directive 2 in 2019 affect retailers?
Date: 2019-01-31 06:24:50

The European Union gave a green light to the Payment Services Directive 2 (PSD2) in November 2017, which is basically a collection of regulatory technical standards (RTS) enabling consumers to...

There is no one to carry out the digital revolution
Date: 2019-01-31 06:19:06

Digital transformation affects basically the whole Hungarian SME sector, but only a few of these companies can exploit the opportunity created by the digital switchover, because there aren’t enough experts....

GKI: Real estate market races without braking
Date: 2019-01-31 02:20:53

n January of 2019, the GKI real estate indices for Budapest and Hungary stood at 9 and 11 points respectively. Budapest index decreased by almost 2, the national index rose...

The Hungarian team scored 12th at Bocuse d’Or
Date: 2019-01-30 21:19:12

...

Nielsen: manufacturer brands and discount stores are the most popular in retail
Date: 2019-01-30 11:53:59

Manufacturer brands and discount stores were the most popular participants of retail in 2018, according to the retail survey of Nielsen monitoring 90 food and 80 household chemicals and beauty...

We are running out of domestic potatoes
Date: 2019-01-30 11:49:42

According to the Agricultural Economics Research Institute, 192.7 thousand tons of potatoes were produced on 8046 hectares last year. The average yield ranged from 13.4 to 50 tons – Világgazdaság...

The Ministry of Agriculture is the partner of farmers in the apple issue
Date: 2019-01-30 11:40:32

The Ministry of Agriculture (AM) wants to be a partner for apple growers to solve the apple market situation, but farmers need to decide how they want to produce in...

KSH: the number of employed increased in the fourth quarter of last year
Date: 2019-01-30 11:30:00

In October-December last year, the average number of employees was 4 million 481 thousand, 34 thousand more than a year before. The employment rate of 15-64-year-olds increased by 0.7 percentage...

Hungarian wine producers closed a good year in 2018
Date: 2019-01-30 11:28:13

Despite the extreme weather conditions, early harvest and yield restrictions, Hungarian wine producers closed a good year in 2018. The annual evaluation of the Dubicz Winery and Vineyard of the...

More and more people are cooking pálinka at home
Date: 2019-01-30 11:27:33

Hundreds of people bought the equipment needed for making home-made pálinka last year, so nearly 24,000 cauldrons have been registered by local authorities in recent years – Magyar Idők wrote....

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Portugal plans to make PET bottles returnable Date: 2019-01-31 09:34:08

GKI: 2018 was probably the best year of the decade for Hungary Date: 2019-01-31 09:20:50

Wrangling about the profit Date: 2019-01-31 09:13:11

Turkey: EBRD loan for developing Migros Date: 2019-01-31 08:58:27

Retail Decoded continues Date: 2019-01-31 08:57:06

nIm – milk in Klingonese Date: 2019-01-31 08:50:40

Lidl-Müller partnership in the United Kingdom Date: 2019-01-31 08:50:21

Unilever buys ‘Vegetarian Butcher’ Date: 2019-01-31 08:50:19

Continente launches electronic invoice in Portugal Date: 2019-01-31 08:50:17

Magazine: Blockchain is waiting for retail to discover it Date: 2019-01-31 07:39:34

Walmart tests self-driving cars Date: 2019-01-31 07:07:24

Alibaba buys Berlin-based company data Artisans Date: 2019-01-31 07:07:22

Two from three British shoppers chose Aldi or Lidl at Christmas Date: 2019-01-31 07:07:19

Carrefour: new store format in Italy and Belgium Date: 2019-01-31 06:59:28

British Co-op to open 100 new stores in 2019 Date: 2019-01-31 06:59:25

Leclerc and Carrefour: new pick-up locations for pedestrians Date: 2019-01-31 06:59:21

Tesco uses robots for home delivery Date: 2019-01-31 06:49:37

Alibaba to build a trade hub in Belgium Date: 2019-01-31 06:43:46

More young people bought Christmas presents using apps Date: 2019-01-31 06:37:56

Good performance from Amazon Web Services Date: 2019-01-31 06:31:25

How does the introduction of Payment Services Directive 2 in 2019 affect retailers? Date: 2019-01-31 06:24:50

There is no one to carry out the digital revolution Date: 2019-01-31 06:19:06

GKI: Real estate market races without braking Date: 2019-01-31 02:20:53

The Hungarian team scored 12th at Bocuse d’Or Date: 2019-01-30 21:19:12

Nielsen: manufacturer brands and discount stores are the most popular in retail Date: 2019-01-30 11:53:59

We are running out of domestic potatoes Date: 2019-01-30 11:49:42

The Ministry of Agriculture is the partner of farmers in the apple issue Date: 2019-01-30 11:40:32

KSH: the number of employed increased in the fourth quarter of last year Date: 2019-01-30 11:30:00

Hungarian wine producers closed a good year in 2018 Date: 2019-01-30 11:28:13

More and more people are cooking pálinka at home Date: 2019-01-30 11:27:33