Company and Personal News
According to the managing director of MediaMark Hungary, the Temu webshop is tempting with a price advantage, but it cannot build stable customer loyalty in the long term
Gábor Szilágyi, the managing director of MediaMarkt Hungary, warned about the deceptiveness and long-term unsustainability of the price advantage of webshops like Temu, according to a Forbes report. Szilágyi pointed...
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This year, the Maltesers brand renews its commitment to supporting women
The Maltesers brand, famous for its delicious chocolate balls, renews its commitment to support women this year. It is proud to be at the forefront of efforts aimed at improving...
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This year, the McDonald’s and Erős Pista collab is even hotter
After last year’s great success, the Hungarian McDonald’s welcomes its guests with new Erős Pistás sandwiches. However, after listening to the feedback from consumers, this year the burgers are coming...
Read moreWizz Air’s exchange rate fell by more than 10 percent
In recent days, the share price of Wizz Air has fallen to an alarming extent, the company’s shares have sunk to their lowest point at the end of January. There...
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Tesco’s Clubcard program is undergoing significant changes due to legal proceedings
Tesco has made major changes to its Clubcard loyalty program after being embroiled in a legal dispute with Lidl, The Sun reports. At the heart of the case was the...
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Trans-Sped closed with a loss last year
In addition to a slightly decreasing income, the Trans-Sped Logistics Service Center closed with a loss of about HUF 916 million in 2023 – read the annual report published on...
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ALDI + Balaton: ALDI is looking for seasonal workers for its stores around the lake with a starting salary of HUF 551,100
ALDI wants to actively contribute to the recreation of holidaymakers coming to Hungarian tourist regions again this year. Accordingly, in its stores located here, it adapts its seasonal offer of...
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SPAR offers more than a thousand products for special nutritional needs
In SPAR promotions, you can regularly find free and health-conscious products! In its constantly expanding range, the supermarket chain already offers more than a thousand products for special nutritional needs....
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Nearly 200 new jobs are opening at Lidl for the summer season
Lidl has started recruiting for the summer season and is looking for a total of nearly 200 new employees for its high-traffic stores on the shores of Lake Balaton and...
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IKEA is reducing its prices
Ikea is planning revolutionary changes in Germany, including massive price cuts and opening stores in city centers. The strategy announced by Walter Kadnar, CEO of Ikea in Germany, aims to...
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AutoWallis oversold in retail in the first quarter and continues to expect meaningful growth
The AutoWallis Group’s Retail business had a strong start to this year, after increasing new vehicle sales by 16 percent, significantly exceeding the 7 percent increase in the Hungarian market....
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ROSSMANN focuses on its exclusive brands
In ROSSMANN’s offer, in addition to the products of major international and own-brand brands, there are also products of exclusive brands that are either only sold by this drugstore-perfume chain...
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There is already an Aldi store operating completely without a cashier
Aldi opened its first cashier-less store. In the new store, customers no longer have to stand in line or go through the payment process – instead, they can simply choose...
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A new coffee roasting plant and training studio opened in Budaörs
On April 11, the 100 percent domestically owned Roastar Zrt. opened its coffee roasting plant and training studio in Budaörs, which now sells its coffees under the Röast Coffee brand...
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McDonald’s came up with a spicy innovation
McDonald’s has launched a unique marketing campaign in the Netherlands, in which they put up posters that give off the smell of fries, without any visual elements. According to the...
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This is how environmentally friendly Hungarians consider domestic stores to be
Four out of ten rural and metropolitan respondents (40%) agree that unnecessary or non-recyclable packaging is the biggest environmental waste in stores. Opinions are also divided as to whether unnecessarily...
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After a record year, Waberer’s general meeting decided on an increased dividend payment and new board members
Waberer’s International closed a record year in 2023 as well, so the company’s annual general meeting decided to pay a dividend of HUF 120 per share, exceeding the previous year....
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Wizz Air was waiting for green fuel
By the end of the decade, Wizz Air plans to operate 10 percent of its flights with sustainable aviation fuel (SAF). The new objective is a significant step in the...
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The raspberry-flavored, low-calorie Dreher 24 has arrived
The product is not only new in flavor, but compared to other products in the portfolio, its calorie content is low. Alcohol-free beers, whether fruit-flavored or non-flavored, continue to be...
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Inflation accelerated in Spain in March
In Spain, the annual growth of consumer prices accelerated to 3.2 percent in March, following the 2.8 percent in February, in accordance with the previously announced data, according to the...
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Dr. Tamás Kozák: the retail tax took away the profit of the shops
The new general secretary of the National Trade Association (OKSZ), Dr. Tamás Kozák, participated for the first time as a professional speaker at the Pénzcentrum RETAIL DAY 2024 conference. In...
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212 million SPAR investment – a new supermarket opened in downtown Békéscsaba
With an investment of HUF 212 million, SPAR Magyarország opened a new supermarket in Békéscsaba, Andrássy út 3-5. at no., on the site of a former commercial establishment. Through the...
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What is double materiality in ESG?
Based on the Sustainability Act (Act No. 108 of 2023) and the EU CSRD (Corporate Sustainability Reporting Directive) adopted in December, large companies must conduct a double materiality assessment that...
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Lidl talked about is sustainability efforts at Fruit Logistica
The Fruit Logistica conference in Berlin provided an important forum for trading companies to present their sustainability measures and commitment to fair trade. Lidl representatives Hannes Langhorst and Vishal Gajjar...
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Temu has withdrawn from its aggressive marketing strategy
In recent months, significant changes have taken place in the marketing strategy of the Chinese online store Temu, the impact of which can be felt both on the company’s advertising...
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Tesco’s profit increased significantly in the last business year
The profit of the largest British retail chain, Tesco, increased significantly in the company’s 2023-2024 financial year. According to the preliminary report published on the London Stock Exchange on Wednesday,...
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Praktiker: Hungarians are not afraid to start home renovation now
Sorry, this entry is only available in HU....
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Tesco would move in the direction of healthy products
Tesco, as the largest food retailer in the United Kingdom, not only strives to provide shoppers with fast and convenient food, but is also a committed supporter of healthier eating....
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According to the IKEA survey, this is the biggest challenge for Hungarians at home
We want to live in an orderly environment, but many people find it difficult to keep their home in order, mainly because there is no well-accessible, specific place for their...
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