Market News
Value shops tip growth as shoppers trade down in UK
Date: 2008-07-08 00:00:00
Aldi, Lidl and Netto, the discount supermarkets, are forecast to increase their share of Britain's grocery market by 60 per cent over the next four years. A new report claims...
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Cheap import and tax reduction could decrease the food price
Date: 2008-07-07 00:00:00
According to common research of Kopint-Tárki Konjunktúrakutató Intézet Zrt. and AgrárEurópa Tanácsadó Kft. in long periode we have to be ready for high food prices. The specialist said because...
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Online Sales Up 60% In Romania
Date: 2008-07-07 00:00:00
Romanian online sales rose to E25m in the first six months of 2008, according to figures from RomCard. The number of transactions amounted to 300,000, while the average value of...
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The Deficit May Be Even Lower Than Planned
Date: 2008-07-07 00:00:00
Substantial improvement in the internal and external equilibrium this year with real wages in the business sector already climbing while inflation and interest rates remain high. The forecast prepared by...
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HUF 14 billion Ice Tea Market in Hungary
Date: 2008-07-07 00:00:00
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
Date: 2008-07-04 00:00:00
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
Date: 2008-07-04 00:00:00
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
Date: 2008-07-04 00:00:00
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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Lefelé módosította várható profitját a Marks & Spencer
Date: 2008-07-03 00:00:00
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
Date: 2008-07-03 00:00:00
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
Date: 2008-07-03 00:00:00
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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Virtual shopping can't take all
Date: 2008-07-02 00:00:00
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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Germans to shop more in May
Date: 2008-07-02 00:00:00
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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Consumer Spending Higher-Than-Expected In May
Date: 2008-07-01 00:00:00
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
Date: 2008-07-01 00:00:00
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
Date: 2008-06-30 00:00:00
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
Date: 2008-06-30 00:00:00
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
Date: 2008-06-30 00:00:00
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%
Date: 2008-06-30 00:00:00
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
Date: 2008-06-30 00:00:00
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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NESPRESSO coffee machines in retail chains
Date: 2008-06-27 08:00:00
In addition to the showroom in Andrássy út, the full range of NESPRESSO coffee machines has also been available in Saturn and Media Markt stores since June. Nine Budapest stores...
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Region marketing
Date: 2008-06-27 08:00:00
Not only countries, but regions may also use collective marketing. The Spanish region specialising in agriculture and the food industry, Castillia-Leon is a good example. Many synergies exist between government-level...
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Higher price for livestock as well
Date: 2008-06-27 08:00:00
The prices of agricultural products were up by 38.1 per cent in March 2008, compared to March 2007. The prices of plant products were up by 52 per cent, while...
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Revolution in self service
Date: 2008-06-27 08:00:00
According to a 2008 survey conducted by BuzzBack Market Research for NCR Corporation about consumer attitudes towards self service solutions, 67 per cent of French, German, Italian, Spanish and English...
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Aperitif a la française celebrating its fifth birthday
Date: 2008-06-27 08:00:00
The event called „Apéritif a la française” started its world tour on 5. June. It is held at the same time in 24 countries and serves to present the full...
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Private labels playing growing role
Date: 2008-06-27 08:00:00
According to data from the ConsumerScan survey of GfK Hungária Piackutató Intézet, the market share of private labels continued to grow in the FMCG market in 2007. In the first...
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IBM fights queues
Date: 2008-06-27 08:00:00
IBM has launched a self service cash register system under the name “Anyplace Checkout”. Customers use hand scanners to read bar codes when products are placed in the shopping cart...
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An efficient foreign legion
Date: 2008-06-27 08:00:00
Many people believe that the only purpose of import is to flood our stores with cheap products. However, appropriate quality products are often simply not available in the domestic market....
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Traditional stores till strong in Poland
Date: 2008-06-27 08:00:00
Though the number of hyper markets is growing in Poland, their market share is shrinking. At the same time, supermarkets and discount stores have increased their market share. Traditional stores...
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Oily seed plant in Foktõ
Date: 2008-06-27 08:00:00
The plant to be built by the Glencore group will be the largest facility of its kind in Hungary with an annual capacity of 600,000 tonnes. Construction is expected to...
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