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Eleven new stores to back Mercadona’s growth in Portugal

Spanish retailer Mercadona plans to open 11 new stores in Portugal in 2024, increasing its presence in the country. The expansion would bring the chain’s total number of stores to...

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Grant Thornton survey: Flexibility and an inclusive work environment can help retain accountants

Not only recruitment, but also retention poses serious challenges to employers in the financial and accounting sector. Finding and hiring the right specialist is only the initial step for employers....

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The import of fresh eggs increased by 71 percent

Based on data from the European Commission, EU (EU27) egg and egg product imports increased by 68 percent to 9,000 tons in January 2024 compared to the same month of...

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Emmi acquires majority stake in Brazilian dairy producer from Coca-Cola

Emmi Group’s Brazilian subsidiary, Laticínios Porto Alegre, will acquire a majority stake in dairy product producer Verde Campo from Coca-Cola in the state of Minas Gerais, subject to approval by...

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Aldi Süd Opens Mixed-Use Property Near Karlsruhe

Discounter Aldi Süd has developed a mixed-use property in Waldbronn near Karlsruhe in Germany, which includes both retail and residential space. Retailers at the new local shopping centre have opened their...

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Full-time jobs in retail sector are in demand

Retailers are seeing increased interest from job seekers looking for full-time positions. That’s according to  the “iCIMS Insights April 2024 Workforce Report,” which found that applications per opening (APO) for full-time...

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The volume of beef imports increased by 24 percent

Based on KSH data, Hungary’s live cattle exports increased by 6.2 percent in January 2024 compared to January 2023. The main partners were Kosovo, Croatia, Austria, Turkey and Albania. Hungary’s...

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Plant-based foods are taking over

Both manufacturers and distributors in the plant-based segment are trying to keep up with consumer demand, experimenting with innovative products and sustainable solutions. This article is available for reading in...

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National economy considerations

At a conference organised by the National Association of Plant Based Food Manufacturers and Distributors (NÉGYOSZ), Zombor Berezvai, assistant professor at Corvinus University of Budapest analysed the business and national...

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Dairy substitutes: product developers are focusing on hybrid concepts and price parity

Once limited to soya milk, plant-based dairy alternatives are now much more diverse in terms of ingredients and formats: a wide range of non-dairy cup and drinkable yogurts, cheeses, creams...

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Waitrose introduces oat milk coffee vending machine

Waitrose has introduced a vending machine specifically designed to serve oat milk coffee in one of its stores. It isn’t yet clear whether this is a one-off, a trial or...

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Nestlé invests CHF 80m in plant-based food plant in Serbia

Swiss food giant Nestlé has invested CHF 80m in the opening of a new plant-based food factory in Surčin, Serbia. This article is available for reading in Trade magazin 2024/5...

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Danone US to discontinue two plant-based milk alternatives

The decision to stop the production of Silk Nextmilk and So Delicious Wondermilk comes as sales of the alternative category fell in 2023, after four consecutive years of growth. This...

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These are the 20 most vegan-friendly cities in the world in 2024

HappyCow is a platform that evaluates plant-based, vegan and healthy food venues, and the website has recently published list of the 20 most vegan-friendly cities in the world – once...

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More high-quality plant-based private label products

According to PLMA, European private label sales will reach a record EUR 340bn in 2023. This article is available for reading in Trade magazin 2024/5 V-Label says this is partly...

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Wolt launches hybrid delivery service

In mid-April Wolt started the Wolt Hybrid Delivery service, which makes it possible for restaurant managers to choose whether to use Wolt’s network of courier partners or their own delivery...

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Reversal instead of filling the digital gap

Digiméter has measured the digitalisation level of Hungarian small and medium-sized enterprises (SMEs). This article is available for reading in Trade magazin 2024/5 The main index score was 40 on...

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Every third Hungarian cardholder regularly pays with their mobile

Mastercard published the results of its research entitled “Bank Card Usage Habits and Attitudes” at the end of March. This article is available for reading in Trade magazin 2024/5 With...

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Brand reputation could suffer because of falling living standards

KPMG’s Global Customer Experience Excellence Research 2023-2024 report has summarised the experiences of more than 81,000 customers in 21 countries. The survey covers around 3,000 brands. This article is available...

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Raw milk’s price stays put

According to AKI PÁIR, the producer price of raw milk in Hungary was HUF 164.3/kg in February 2024. This article is available for reading in Trade magazin 2024/5 With a...

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Joint workshop by ÖRT and the Ministry of Justice

With record attendance, the Advertising Self Regulatory Board (ÖRT) held its first joint workshop with experts from the Ministry of Justice, about the activities of the consumer protection authority in...

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PICK gets people moving again this year, contributing to the life of the community

Let’s create lifelong flavour memories when on a trip or cheering together! In addition to quality, the PICK brand’s core values also include excellence and taking responsibility for the well-being...

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European Private Label Awards 2024 winners announced

The European Private Label Awards, organised by ESM: European Supermarket Magazine, attracted 68 entries this year, with 21 innovations in 17 categories. This article is available for reading in Trade...

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Rapid digitalisation in pharmacies

This article is available for reading in Trade magazin 2024/5 This is what impatient customers dream about Dr István Vámossy, general manager of Gollmann Magyarország/Pharmamatrix Kft. believes that digitalisation and...

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Self-checkouts also need a better strategy to succeed

Grocery Dive’s report on self-service checkouts and Mordor Intelligence’s forecast suggest that the self-service checkout market can grow by an average of 10.2% per year between 2024 and 2028. This...

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DIA to close more than half its stores in Brazil

Spanish grocery group DIA is to close 343 of its stores and three warehouses in Brazil, after the company ended last year with a negative result of a EUR 154m...

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No more chocolate and sweets at the checkout in Kiwi stores

Norwegian discount retailer Kiwi would like to promote healthy food choices for shoppers by removing all chocolate and sweets products from the checkout zone. The initiative has been welcomed by...

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Open water!

There was a sales drop in the mineral water category last year. However, the branded flavoured mineral water market has produced an impressive growth recently. This article is available for...

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In cyber or in Hungarian?

There is such confusion about cybersecurity and AI that we often wonder whether what we hear is in Hungarian or not. Just the other day I attended a very interesting...

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