Events
TikTok is the new community hype
Unstoppable popularity characterizes the application launched from the world of 12-13-year-old teens, which by mid-2019 already produced 800 million downloads worldwide. In the pandemic, more mature adults have also caught...
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Introducing Facebook Shops: Helping Small Businesses Sell Online
Facebook has always been about connecting you to what you love. That means friends and family, but also products, brands and businesses. For years, people have used our apps to...
Read moreCOVID-19: Council adopts temporary support to mitigate unemployment risks in an emergency (SURE)
As part of its emergency support package to tackle the economic impact of the COVID-19 crisis, the EU has put in place a temporary instrument to help workers keep their...
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Single-use plastic products will not be banned
Deputy Prime Minister Zsolt Semjén, on behalf of the government, withdrew a bill that would have banned single-use plastic products from the government. On the evening of 13 May, the...
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The trend researcher about the new era we are living in
We have been living in a new world for two months. While many hope that sooner or later everything will return to the old wheelhouse, it certainly won’t be. The...
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RetailZoom: Basket Values peeks in April for Domestic Chains
Last week we published that Local Chains have managed to grow their value sales in April by an average of 9%. This lags behind the growth intensity experienced in March...
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Reopening also costs money, and you can’t get away without special offers
Opening promotions are coming as at Christmas. From March to mid-May, the coronavirus absorbed HUF 450-500 billion. And in a mask, the buyer stays careful for a while. From March...
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The bargaining position of food suppliers is strengthening
After a special retail tax of up to 2.5 percent of annual sales, traders have been given another hurdle: a new measure significantly restricts their freedom to negotiate a purchase...
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MNB: households also became richer in the first quarter
Households’ financial assets increased by 514 billion HUF in the first quarter of this year, which is the most modest amount since the 418 billion HUF in the third quarter...
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The National Chamber of Agricultural Economics postponed the membership fee declaration and payment until the autumn
In view of the state of emergency declared by the government and in accordance with the economic decisions made in connection with it, the national presidency of the National Chamber...
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Global supply chains need to be reassessed when the economy restarts, according to German economists
German economists favor a gradual relaunch of the economy by removing pandemic restrictions, but they stress in a survey of the ifo economic research institute that the role of global...
Read moreA family of bees moved to the Ministry of Agriculture
Minister of Agriculture Nagy István wants to draw attention to the role of bees, the quality of the metropolitan environment and the importance of environmental education with a family of...
Read moreU.S. retail sales fell by a record high in April
In April, retail sales in the United States fell to an unprecedented rate, both compared to the previous month and a year earlier – according to a report by the...
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COVID-19 crisis situation: businesses in the capital do not really have savings
In the best case, the companies in the capital expect a crisis period of another 4 months, according to research conducted by the Budapest Chamber of Commerce and Industry, nevertheless,...
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Mastercard: Contactless payment is catching up all over Europe
The Covid-19 pandemic that has locked down the planet and battered the payments industry is a classic Black Swan. It has taken several hundred thousand lives, plunged the world into...
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Enterprise resiliency: nine areas of focus for COVID-19 crisis management
The global spread of COVID-19 is a humanitarian crisis, first and foremost. But it’s added yet another layer of disruption to the growing list of unexpected challenges facing leaders and...
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SME’s savings will be wiped out by the summer
A survey conducted by K&H Bank in mid-April has revealed: half of the businesses have been moderately impacted by the coronavirus pandemic, but 44 percent of Hungarian SMEs have been...
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Consumers turned a bit more optimistic in May after the catastrophic mood in April
Following the 38-point plunge in April, the GKI consumer confidence index climbed back more than 11 points in May. This means that after the -50 points in April, the index...
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Fundamental changes in consumer behaviour due to the crisis
There were approximately 5,000 participants in the international EY Future Consumer Index survey, which revealed: 42 percent of shoppers think that the current economic and social situation radically changes consumer...
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Print media is growing with the expansion of the media cake
In 2019 the size of the so-called media cake was HUF 245.08 billion, while the communication cake – which includes the media cake too – was HUF 467.96 billion big;...
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X5: New Perekrestok stores in the Volga and Ural regions
Russia’s X5 Retail Group plans to open 21 Perekrestok stores in the Ural and Volga regions, adding about 33,000m² of selling space to its network. The group will acquire long-term...
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Caprabo’s new distribution centre opens in June
Spanish retailer Caprabo has announced: its new distribution centre for fresh produce in Barcelona will start operating in June. The new 24,600m² warehouse will store all the fresh produce the...
Read moreLidl ’Veggie Block’ concept extended to more stores
Lidl Switzerland decided to expand its Veggie Block concept to another 140 stores across the country. The Veggie Block is a specially marked shelf dedicated to vegetarian and vegan products;...
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Rema 1000 rolls out packaging made of recycled fishing nets
Denmark’s Rema 1000 has introduced its private label dishwasher cleaner in a new dark green packaging made from recycled fishing nets. The retailer has joined forces with the Danish company Plastix for...
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Rewe searches for new acquisition targets
German supermarket chain Rewe is looking for new acquisition targets. The retailer has decided that instead of panicking and stopping investment projects, it will consider all acquisition opportunities. Although sales...
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Firsthand information from market researchers: The first online TMC meetingPopai
There were nearly 70 participants at the online club meeting organised by Trade magazin, Trade Marketing Club (TMC) and POPAI Association on 23 April. Trade magazin’s managing director and editor-in-chief...
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SPAR Austria sells drinks in eco-friendly glass packaging
SPAR Austria is offering five of its best selling private label drinks in environmentally friendly packaging. The company has substituted the packaging of its 1-litre soda water, apple juice, orange...
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Macai is the name of Italy’s new online supermarket
A new independent online supermarket called Macai has opened in Italy. Customers can place a minimum order that is worth EUR 70 and they need to pay an additional shipping...
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