News and articles

Association of Hungarian Farmers accuse forestallers of cartell

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

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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Huge fine for Dia in Greece

According to local press reports the Competition Committee has imposed a penalty of EUR5.1 million on Carrefour-owned Dia. The discounter was forcing the franchisees to sell their products at certain...

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Target: Costumers younger than 18 years old

A new conference about youth will be organised in October under the subtittle „Do we understand what about our children speak?”. The is a research about youth segmentation, subcultures etc....

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Wal-Mart Faces $2 Billion Labor Law Trial

The lawsuit is one of more than 70 cases, including class actions, or group suits, in which Wal-Mart has been accused of wage-law violations.   Wal-Mart Stores Inc. broke Minnesota...

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Anheuser-Busch Faces Shareholder Lawsuits

Some Anheuser-Busch Cos Inc shareholders have filed lawsuits seeking to force the U.S. brewer to fairly consider the $46.3 billion takeover bid from InBev NV, according to court documents obtained...

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Lefelé módosította várható profitját a Marks & Spencer

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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Business hotel in Tatabánya

To building starts next spring in the city center, beside the hotel also an underground car park will be worked up. Following 18 months of preparation, the municipality gave the...

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Dutch smoking ban

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

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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Starbucks to fire 12,000 employees

Starbucks will close 600 stores in the United State of America, most of them opened after the start of fiscal 2006.  The Seattle-based company said in a release that it...

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Nike profit up by 12%

Revenue grew only 4% in the U.S., 19% in the European region, 39% in the Asia Pacific region and 30% in the Americas region. Nike posted better than expected net...

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Friesland to Develop New Proteins for Boosting Immune System

Friesland Foods, Lactive and Animal Sciences Group of Wageningen UR are jointly researching new proteins that play a part in boosting the immune system.  Friesland Foods Domo s expertise in...

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Virtual shopping can't take all

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

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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Auchan to Open Next Unit in Miskolc

The new ecofriendly hypermarket will be less high as the others and has special heating and cooling technology.   The next Auchan hypermarket, which opens in last quater of the...

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Healthy Food for Kids at Burger King

The Burger King Corp. said it has introduced a new nutritionally balanced Kids Meal as part of its BK Positive Steps Nutrition Program. The Kids Meal consists of BK Fresh...

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Aldi to Open One New Store a Week until 2013

Aldi sets to spend £1.5 billion up on its expansion plans – building a new store every week and recruiting 1,500 employees.  The German hard discount chain announced its plans...

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Kellogg Acquires Leading Biscuit Manufacturer in China

Kellogg Company acquired Zhenghang Food Company Ltd., a manufacturer of cookies and crackers in the northeastern region of China.  "Geographic expansion in high-growth markets like China will help Kellogg Company...

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Tesco Donation for Salva Vita Foundation

Since 2003 the British retail company sponsors every year a program or organisation which help disadvantaged people to make their life better. Last year Salva Vita Foundation's „Workplace program” won...

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Lipton's New Promotion with Yellow Dressed Policemen

The in June started action focus on the new, fresh, lemon taste of Lipton.   Yellow dressed health policemen run in the city wiht a yellow Ford Crown Victoria police...

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New foam tray for packing and into oven

Sealed Air said that its Cryovac ovenable foam tray (OFT), suitable for either microwave or traditional oven use.  A new C-PET foam tray targeted at the chilled and frozen ready...

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Austrian Food Specialities debuts in New York

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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Marche S1 is Austria's Best Restplace

The restplace was open last November, but according to German ADAC it is Europe 2th best restplace.  Before the summer season ADAD, the German Car Club, spyed 65 restpalces in...

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New Sales Director at LLP Budapest

Attila Biber is the second specialist, in a short periode, who arrived from Microsoft Hungary. LLP Budapest's CEO, Zsolt Ambrus also worked at computer giant. Attila Biber (42) is mathematician...

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Carrefour Slides on Reduced Profit

Carrefour SA, Europe's biggest retailer, fell to a 3 1/2-year low in Paris trading after scaling back forecasts for operating profit and sales.  Operating profit will increase at about the...

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Tchibo Owners Boost Escada Stake

Tchibo owners Wolfgang and Michael Herz are buying a “significant minority interest'' in Escada AG, a German luxury fashion brand.   The Herz brothers plan on buying shares in a...

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Consumer Spending Higher-Than-Expected In May

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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EU Tightens Import Norms on Indian Guar Gum

The European Union has sought certification from an Indian government trade body and a laboratory on guar gum to eliminate toxin contamination.  In July and August last year, 16 of...

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Coca-Cola Acquires Waters and Soft Drink Brands

The American soft drink giant payed USD 225 million for Carlsberg. According to the agreement, which takes effect immediately, Coca-Cola acquires Carlsberg’s mineral water brands Kildevæld and Kurvand in Denmark...

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