News and articles

Lidl sells cars online in Germany

The website will offer the Opel Corsa for just under EUR11,000 and the Volkswagen Cross Polo for EUR14,000.  Schwarz Group-owned discount retailer Lidl has begun selling cars at 25% off...

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Carrefour expands in Bulgaria

French retailer will open its first store in the Black Sea city of Burgas on 26 March.  The store will offer 50,000 SKUs and the strategy of the chain is...

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Asda may move into Ireland

Wal-Mart-owned British retailer is in advanced discussions with an Irish developer over plans to make its first foray into the Republic, the Sunday Business Post in Ireland reported.  It is...

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OBI sponsors a 'preserving the climate' program

The aim of the „Reduce consuming”” program is to publish that the households should use less energy for lighting, heating etc. The program also organises educations.  This year the main...

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Promotions make people active

According to Szonsa Ipsos newest POSTerTEST survey, the promotion ads of retail sector make people more active as the average.  The average activition rate of the outdoor campaigns in 2008...

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5,000 pair fake Nike shoes

The authority arrested the HUF 38 million value goods and took legal proceedings against unkknown person.  The member of Hungarian Customs and Finance Guard controlled a Czech van in Gyula,...

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Metro eyes Russian hypermarkets

German retailer Metro's hypermarket unit Real is seeking acquisitions in eastern Europe, unit head Joel Saveuse told the Financial Times Deutschland paper in an interview.  Saveuse did not say which...

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EU Citizens prefer to shop online in their own countries

Between 2006 and 2008 the percentage of European Union consumers buying at least one item over the Internet increased from 27% to 33%. The proportion of consumers buying online across...

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Pernod Ricard – Cleaning the portfolio

Pernod Ricard announces that it has signed an agreement to sell its cognac brand Bisquit and associated inventories to Distell Group Limited for 31 million euros.  The transaction also includes...

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Tesco plans to convert closed pubs

The retailer is planing to cash in on pub closures by converting them to small town centre stores. Tesco has lodged ten applications for conversion in the last three months...

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Demise after 60 years sales

Circuit City was the second-largest consumer electronics retail chain in the U.S. The company had 567 stores in the US and 770 smaller units in Canada.  Going-out-of-business sales at all...

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Real earnings will moderately, consumption significantly decrease

The forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank shows that both the depth and duration of the global recession are still unpredictable; but forecasts all...

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„Spring coupon days” started

2 shopping malls from the capital and 3 from the country take part in the action organised by www.napiakciok.hu.  The owner of the website made a successful action before Christmas....

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Ukrainians buy luxurious restaurants in Budapest

According to business daily Világgazdaság some Ukrainian businessmen save their money in 8-10 high positoned luxury restaurants in the Hungarian capital. The newspaper wrote that the restaurants fight with the...

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Energy by converting meat waste into heat and energy

5,000 tonnes of out of date meat by Tesco converted into enough electricity to power 600 homes in UK.  Tesco is supplying energy to customers through a new venture, which...

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Tesco urges to shopping tourism

The leaflets of Hungarian Tesco are also available in Slovakian Érsekújvár and Fülek.  Because of the weak HUF day to day more Slovakian come to Hungary to make their weekly...

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Henkel untouched by crisis

In 2008, sales increased 8.1% to 14.13 billion euros, mainly on the company’s National Starch acquisition. Adjusted for foreign currency exchanges, sales rose 11.6%.  Profits increased 31% to 1.23 billion...

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Pro Carton launches 2009 Carton Awards

This annual event is now in its 13th year and has over that period had many excellent examples of the skills of carton manufacturers and designers.  In 1996, Pro Carton...

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Lidl to reduce product range

According to Lebensmittel Zeitung's informations the complete assortment is under close scrutiny, with a special focus on duplications.  After years of continuous line extensions, Schwarz Group's discounter Lidl is reportedly...

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Coke to invest $2 billion in China

The Coca-Cola Co. plans to invest $2 billion in China over the next three years.  The investment would go toward new plant and distribution infrastructure, sales and marketing, and research...

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Bizerba presents new product and software solution

At the Anuga FoodTec 2009, Balingen technology firm Bizerba will be presenting the checkweigher CWE 1500 and the software solution _statistics.BRAIN from the 10th to the 13th of March ....

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Who will be greener? – environment competition by Tesco

The most diligent pupils win money for class excursion in value of HUF 500,000.  The Tesco’s waste redemption competition for pupils between 6-18 ages starts today, the winner will be...

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Day of the farmers in Mezőtúr

The event is one of the winners at Tempus’s „2009 European Year of Creativity and Innovation” tender.  The goal of the exhibition on 13th Mai is to show Hungarian agricultural...

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New sales director at Kékkúti Ásványvíz

From 1th of February Csaba Csiszkó is the sales director of the company. The 40 years old specialist is responsible for execution of Kékkuti’s business plans, and developing of the...

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Union support for the domestic catering industry training

Károly Gundel, area integrated vocational centre won HUF 244 million onetime, not to refunded summ from European Union.  In the a project with the motto „Good profession – safe future”...

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Demonstration of dairy farmers to wait

Dairy entrepreneurs ask the government to start the former published reorganisation program in value of HUF 2.5 billion.  Dairy farmers talk about a new demonstration because of deep buy-up price....

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Six months – more than 1,000 new MasterCard places of recipient

Thanks to MasterCards new sales program, from July 2008 the number of Mastercard recipient places grow by 1,145.  There are 9 million debit or credit card on the Hungarian market...

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Packaged Starbucks coffee in Europe

Starbucks and Kraft Foods have announced they will launch packaged Starbucks coffee in select supermarkets in France and Germany. The aim is to expand super-premium Starbucks coffee in Europe.  Beginning...

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Rewe reports 11% sales increase

Group posted a full-year sales to around EUR50 billion in 2008, including sales of independent retailers. Sales outside its home market, Germany, grew by 15.4%.  After a "really good year"...

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Consumers change habits as recession tightens its grip

The recession has forced 87% of consumers to change their shopping habits, according to a study by research consultancy Shoppercentric.  Out of a thousand people surveyed by market research agency...

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