News and articles

Retail sales decreased

According to calendar adjusted data, the volume of retail sales decreased by 1.4% in August, and by 2.0% in the first eight months of 2008 compared to the same period...

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Subway forced to close outlets in Venezuela

Sandwich chain Subway, which has 125 outlets in Venezuela, has been ordered to close 69 restaurants in the country by the National Integrated Service of Customs and Tax Administration (Seniat)....

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HUF 40 million donation by drogerie markt

The drogerie chain made tender for schools, they organised sport or health days, not only for children, but for their relatives and the teachers also.  340 schools sent their program...

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Next year less coffee on the market

In 2009 the world coffee market will swing to a deficit of up to 10 million bags in 2009, as demand outstrips production, according to The National Federation of Coffee...

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Common developing by ALDI and Travelodge

In the UK, discounter Aldi is teaming up with Travelodge to launch a series of hybrid hotel-supermarket developments.  The two companies are developing sites in Newquay and Middlesbrough which will...

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Delhaize confirms new discount concept in Belgium

At the end of last week, Delhaize confirmed that it is opening a new discount store concept in Belgium.  A spokesman for the retailer said that the new “concept store”...

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SPAR Austria to enter Serbia

As Trade Minister Slobodan Milosavljevic has reported in his presentation of Serbia’s trade strategy through to 2012, foreign retailers, namely SPAR Austria and Migros Türk-owned Ramstore, will enter the Serbian...

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TESCO accused by suppliers of making “aggressive” demands

According to reports in The Sunday Times, Tesco is locked in a battle with suppliers after allegedly demanding one-off cash payments and keener terms to help fund its price war...

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TUS TRGOVINE expands in Balkans

Slovenian retailer TUS Trgovine has announced that it has invested more than EUR60 million this year in expanding its retail network in the markets of Bosnia and Herzegovina, Serbia and...

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Zalabaromfi is accused with cruelty of animals

The Csillagszem Animal-defensive Foundation denounced the company, because – according to them – Zalabaromfi left high and dry 355,000 turkeis, who will die of hunger.  Well known that the Zalabaromfi...

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Nestle to invest $212 mln in Russian factory

Company will spend $211.6 million on expanding its instant coffee factory in Russia’s southern region of Kuban, a Nestle executive said on Monday.  Luis Cantarell, executive vice president of the...

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Natural Beauty Products Flooding the Market

Fueled by the beauty industry's focus on natural ingredients, the number of organic and “ethical” cosmetic products introduced this year is up 23% from 2007, per a new study released...

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9,000 own brand product at Carrefour Spain

In its 2007 annual report, Carrefour Spain has announced that private labels have become a mainstay, generating 25% of the retailer's sales (food and non-food) during the year.  According to...

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Sales At Britvic Jump 29%

UK’s second-biggest soft drinks manufacturer, reported total sales of £926.5m, while sales in its GB & International division rose 4.8% to £725.8m.  The company, whose brands include Tango, Robinsons squash...

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CSAOSZ is protesting against the environment control green tax law

The Hungarian Packiging and Interplant Transport Association (CSAOSZ) has been agreeing with many instalments of the order, but definitely rejects more suggested idea of ministry.  According to the CSAOSZ, the...

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Edeka To Continue Hiring Staff

German food major Edeka has announced that it plans to hire an additional 25,000 employees by 2010, to add its existing staff levels. The group currently has about 253,000 employees...

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Best companies awarded

This year in SMEs category won Interware Zrt., between the big companies Axiál Kft. made excellent work. It was the 11. time that the Hungarian Venture Capital and Private Equity...

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Finnish Consumers Want More Fair Trade Products

According to a new survey, nearly half of all consumers in Finland want more Fair Trade products to be offered at outlets. The survey, conducted by TNS Gallup for Kesko...

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Storck's sweets for donation

It is the third time that Storck Hungária Kft. gives products in value of HUF one million for protecting Food Bank programs. On 16th October, on World Food Day, Food...

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New type of Tesco Hypermarket in Miskolc

The 83. Tesco store was built on the place of a former silo. The unit is 3,000 sgm big and give work for 120 people. The interior design of the...

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Hungarian consumer trust increased – in spite of the financial crisis we spent money

Between July-September Hungarian waited bad times, but the propensity to shop grow by almost 15%.  The complex consumer trust index (CTI) by GfK and Corvinus University didn't change between July-September...

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4th Day of the European Commerce

The central event of 5th November and the programs country side are organised by VOSZ, a member of EuroCommerce, and some lobby groups.  The Day of the European Commerce is...

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Lidl to sell low cost energy in Italy

The retailer has signed an agreement with local energy company MPE Energia to enable it to deliver the service.  Lidl Energia envisages three types of cover including ‘Energia Low Cost’...

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Hungarians buy margarin for yearly HUF 20 billion

The market grow in value by 12, but decresed in volume by 2% between October 2007 – September 2008 – according to Nielsen research datas.  The price pro kilo increased...

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SABMiller's slow increase in Europe

British brewer SABMiller plc said its financial performance for six months was in line with the group's expectations. Additionally, the company warned that the prospects for the rest of the...

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