Events

HUF 14 billion Ice Tea Market in Hungary

According to Nielsen Research the sales of ice tea grow in volume by 23%, in value by 19% between Mai 2007-April 2008. The most popular taste are lemon and peach,...

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Nestlé to sell prime property in Budapest

Nestlé has decided to sell a 2,500-square-meter property in Budapest with a panoramic view of the Buda Castle, the Chain Bridge and the Pest skyline.  Nestlé is selling the property...

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Association of Hungarian Farmers accuse forestallers of cartell

Farmers protest against the low price of sourcherry in front of Hungarian Parliament.  The farmers said the forestallers pay only HUF 50-60/kilo for sourcherry, what is only half of the...

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Private label organic foods lead in German market

New Nielsen data shows that German consumers have doubled the number of organic food items they have purchased in the past two years.   Retailer brands have gained a larger...

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Target: Costumers younger than 18 years old

A new conference about youth will be organised in October under the subtittle „Do we understand what about our children speak?”. The is a research about youth segmentation, subcultures etc....

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Lefelé módosította várható profitját a Marks & Spencer

The retailer posted profits of £1bn last year and analysts were expecting profits of around £870m this year.  Overall M&S's UK sales were down 5.3% in the 13 weeks to...

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Dutch smoking ban

A tobacco smoking ban came into force Tuesday in cafes, bars and restaurants throughout the Netherlands.   While patrons are no longer allowed to light up cigarettes, they can still...

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Hungarian Companies are more Pessimistic

The measure of confidence at Hungarian companies slipped to 85.4 percent in the second quarter of 2008 from 91 percent in the first quarter.  Ecostat's TOP-100 index for sentiment at...

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Germans to shop more in May

German retail sales rose by more than expected in May, offering a glimmer of hope that a labour market recovery may be yielding fruit, although the outlook remains clouded by...

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Virtual shopping can't take all

The Store of the Future 2012-15 report, commissioned by Visa Europe analyses the key customer, payments, technology and social responsibility issues affecting the likely development of retail stores in Europe....

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Consumer Spending Higher-Than-Expected In May

US consumer spending rose a better-than-expected 0.8% year-on-year in May, as tax rebates helped fuel the biggest rise since November 2007.  Figures from the Commerce Department said the rebates helped...

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Austrian Food Specialities debuts in New York

The Austrian food producers showcase their products on Fancy Food Show 2008 and later get meetings in Manhattan supermarkets.  More than 2,300 domestic exhibitors from around the country and the...

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Hungarians consumpt less biscuit

Last year 27 tons of biscuit were sold in Hungary, it is deep by the European Average. Only Greeks, Czechs and Slovakians eat less biscuits as we.   Hungarians eat...

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Payable household goods in Hungary

According to Eurostat and OECD common research the electric equipments and household goods are several % less in Hungary than the European average.   Within the framework of the European...

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Tesco, Asda Cut More Prices

Tesco PLC and Asda Group Ltd., the U.K.'s two biggest supermarket chains announced another round of major price cuts amid intense competition.   Tesco will cut prices on 3,000 products...

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Hungarian Beer Market grow in value by 6% and in volume by 1%

Between June 2007 and Mai 2008 4 million hectoliter beer were sold in Hungary, it was a summe in value HUF 110 billion.  According to Nielsen Research retail index 1...

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Expectations improved significantly

In June the seasonally adjusted Business Confidence Index of GKI remained essentially unchanged, but the expectations of consumers improved significantly and reached highs that haven’t been seen for two years....

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Food sector waiting for reforms

Well-known experts of the food business, including József Gráf. Minister of Agriculture and Rural development and Péter Futó, chairman of Futureal Holding and of the National Association of Industrialists and...

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Price of swine also rising

Trends in the world markets of meat and poultry are monitored regularly by the Agricultural Business Research Institute (AKI). Data from the Market Price Information System (PÁIR) of KSH and...

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Night of placements

An interesting night event was held by the Hungarian section of POPAI in Interspar Eurocenter, on 2. June. The event served as a training exercise for experts of POS promotional...

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Absurdistan

The condition of the economy and the urgent need for a tax reform has been on the public agenda for years. The atmosphere at the second Business Dinner was quite...

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Energy drinks still going strong

Retail sales of energy and sport drinks totalled HUF 8,3 billion in 2007. This category is among those producing the biggest expansion. Retail sales increased by 60 per cent in...

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Little change in the tourist package

According to KSH data, shopping accounted for over half of the amount spent by visitors coming to Hungary for only one day in the first quarter of 2008. Accommodation and...

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Product for the occasion

One of the key words in retail is “occasion”. The nature of the product to be purchased often determines which store is visited by the customer. Occasions like Christmas, seasons...

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Food as an investment

Even expensive fuel is cheaper than cooking oil today. This is another argument for people who believe that food has become a strategic commodity. Strategic commodities deserve special attention as...

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Energy replenishment an everyday need

Apart form a general boom in the market of energy drinks, quality is becoming increasingly preferred. The expansion of private labels has slowed down and though the position of tutti-frutti...

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Real incomes rising in competitive sector

According to a forecast by GKI Gazdaságkutató Zrt prepared with the cooperation of Erste Bank, data from the first quarter of the year seems to confirm expectations that economic growth...

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Packaging in three steps – part 2: The letter

This is something we had to learn. We had about 5,000 years to learn. Even private labels have developed typographic characteristics specific to their category now, which is good if...

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Dramatic deterioration in payment morale

According to data from Coface, a dramatic deterioration took place in payment morale in the first four months of 2008. The number of non-payments increased by 45 per cent compared...

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Most popular biscuits: sweet and smooth

Sweet biscuits have become increasingly popular in recent years. Retail sales increased by 11 per cent in terms of value in the April 2007-March 2008 period, compared to the previous...

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