News and articles
The concentration is faster, 1,400 less shops
Date: 2009-03-13 07:05:08
According to Nielsen researches in 20008 December the number of food shops was 19,935, opposite to 2007's year's end result, 21,339 units. Mainly the number of shops under 50...
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Eco-friendly Tesco introduces itself at Greenexpo
Date: 2009-03-13 06:51:32
The retailer is exhibitor of Greenexpo from 13-15 March at Papp László Sportarena. The visitors of Ecotesco stand can get to know company's „Tesco for Nature” program. At this place...
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Travel offers by Lidl
Date: 2009-03-13 06:36:50
The discount retailer sales the domestic and foreigner travels of Austrian Falk Travel. Till now Lidl sold travels only in Germany and Austria, Hungary is the first East-European country where...
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Hungarian bougth less consumer durables
Date: 2009-03-13 06:21:22
After a balking year's end in 2007, the trend was unchanged in 2008, the total sales in volume and value was under the previous year's results. According to GfK...
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HUF 26.5 billion record reveneu at TV2
Date: 2009-03-13 06:02:01
'This sales result is the best of our history and we are very proude because it combines with high rate of profit' – said Zoltán Várdy, CEO of the TV...
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Subway expanding in Europe
Date: 2009-03-13 05:32:15
In response to demand from European consumers, Subway has ambitious development plans for Europe, aiming to reach 2,600 outlets in 27 countries. The market with the highest number of units...
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EU makes bigger steps to protect consumers
Date: 2009-03-13 03:30:13
Last year 60,000 compaints were lodged to the EU, more than 2,300 legal cases was started because of unfair commercial pratices. 13 March is the European Day dedicated to...
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Sporty sweets
Date: 2009-03-13 02:58:15
With the economic crisis hitting all of sports, the London Olympics got a financial lift through sponsorship deals with Cadbury and Trident. London 2012 chief executive Paul Deighton said it...
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P&G's digital summit socially adept
Date: 2009-03-13 02:26:37
About 40 executives from major social networking companies were invited to P&G’s downtown headquarters to meet with about a hundred P&G marketers to help them unlock the potential of these...
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(HU) Szintentartásra volt elég a tavalyi év
Date: 2009-03-12 11:04:34
Gross domestic product of Hungary decreased by 2.3 percent in the fourth quarter of 2008 and by 2.5% when adjusted for calendar effects, compared to the corresponding period of the...
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Export fall extremly
Date: 2009-03-12 10:37:54
In January 2009, according to Hungarian Central Statistical Office's first estimates, exports amounted to HUF 1,172 billion (EUR 4,213 million), while the value of imports reached HUF 1,218 billion (EUR...
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Fressnapf to invest €8.6 million in expansion in Austria
Date: 2009-03-12 10:18:37
Fressnapf Austria chief executive Heidi Obermeier told the Austrian Times that turnover is expected to top €96 million this year, after reaching €90 million in the last financial year. The...
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Real eyes Ukraine opening
Date: 2009-03-12 10:04:40
Germany’s leading retailer, Metro Group, plans to open its first Ukrainian hypermarket in August under the Real brand. The new store will be the group’s first retail market in Ukraine,...
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Auchan plans to open six new hypermarkets in Russia
Date: 2009-03-12 09:54:18
The stores will be opened in Omsk, Samara, St. Petersburg, and Moscow. Documents for two more facilities are awaiting signatures. According to Auchan Russia's member of the Board of Directors...
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Price of seasonal food items grow
Date: 2009-03-11 09:31:08
In February 2009 consumer prices increased by 1.0% compared to the previous month and rose by 3.0% compared to February 2008. In the first two months of 2009 the average...
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SPAR has excellent business year in 2008
Date: 2009-03-11 09:01:15
The consolidated revenue of the group grow by 31.53% on year to year basis to HUF 374.17 billion. The total sales area of SPAR Group increased to 384,817 sqm, it...
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Tesco promisses light choise
Date: 2009-03-11 08:45:09
Retailer started to sale its Light Choices brand, which offers good quality, but cheap food for healthy eaters. Tesco offers day to day new retail branded products in Hungary, a...
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Investestment with extra profit
Date: 2009-03-11 08:30:17
European Conformity Check Ltd. (ECC) helps for companies in food industry to find the right tender for their investion of material assets. According to Zoltán Csomár, financial director of ECC,...
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Cryovac workshop at Packforum
Date: 2009-03-11 07:47:57
Sealed Air organises a special 2-day seminar for top management in retail and food processing on 1-2 April. In frame of the event European case studies will be presented by...
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TESCO and Unilever team up to create perfect convenience store
Date: 2009-03-11 06:17:59
Tesco and consumer goods company Unilever have joined forces to create the perfect convenience store. For over two years Unilever has been conducting research into how to put together the...
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Lidl sells cars online in Germany
Date: 2009-03-11 06:06:40
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
Date: 2009-03-11 05:45:31
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
Date: 2009-03-11 05:30:55
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
Date: 2009-03-10 07:08:07
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
Date: 2009-03-10 06:44:00
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
Date: 2009-03-10 06:31:30
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
Date: 2009-03-10 06:05:04
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
Date: 2009-03-10 05:49:03
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
Date: 2009-03-10 05:20:37
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
Date: 2009-03-10 04:56:34
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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