News and articles

Sainsbury’s starts price war against Aldi

Sainsbury’s campaign called ‘Aldi Price Match’ – launched to fight for market share – offers customers 250 Sainsbury’s quality products that match the prices found at Aldi. However, 8 of...

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PLMA-news in brief

Amazon is launching its online programme in Poland. Private label wine sales by Delhaize were up 20 percent last year. Penny is adding the vegan Food for Future brand to...

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Uber to buy alcohol delivery service Drizly

Uber Technologies Inc is to pay USD 1.1 billion for on-demand alcohol platform Drizly, as the company seeks to expand delivery services that have flourished during the pandemic. Uber’s acquisition of...

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Heineken to cut operating costs

Heineken NV plans to cut about 8,000 jobs, in order to restore operating margins to pre-pandemic levels following a sharp reduction in profit because of coronavirus restrictions. The world’s second largest...

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UCC Coffee Europe introduces Japanese coffee brand

UCC Coffee Europe has put a new coffee brand on the market, backed by UCC Group (Japan). The launch of the Ueshima Coffee Company brand brings Japan’s No.1 coffee to...

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Once again L’Oréal is one of the World’s Most Ethical companies

Ethisphere Institue put L’Oréal on the list of the world’s most ethical companies in 2021 too. The group was honoured with this recognition for the 12th time. In 2021 135 companies of...

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Almost all Hungarians consume milk

At the end of 2020, the Milk Interprofessional Organization and Product Council launched a market research tender that focused on dairy product consumption habits and plant-based foods – agrarszektor.hu ,...

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Happy metal

Wine in an aluminium can is likely to become a successful product format: in the USA the market of canned wines, sparkling wines and spritzers doubled between 2018 and 2020...

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MNB: credit dynamics were at the forefront of the EU last year

Despite the coronavirus pandemic, the credit market performed outstandingly last year, and Hungary is at the forefront of the EU in terms of both corporate and retail credit dynamics, an...

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Arable land in Hungary became 7.3 percent more expensive than last year

The pandemic did not break the rise in the price of arable land in Hungary for about thirty years: last year the average market price per hectare was 1,727 million...

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The European Investment Bank is also helping to reopen the Hungarian economy

The resources provided to Hungary by the European Investment Bank (EIB) serve to protect health, maintain jobs and support investment, ie help to relaunch the economy, Minister of Finance Varga...

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OECD: Economic growth in the G20 slowed in the last quarter of last year

Economic growth in the G20, which brings together the 19 largest economies and the European Union, slowed in the last quarter of last year, compared with the previous quarter. According...

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Bag-(and-crackers)-in-box

Cheese, wine, snack – what else do you need on a summer afternoon on the terrace? Now you can get all of them at the same time, thanks to the new...

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Disinfectant can be made from unconsumed Italian wines

One hundred and fifty million liters of wine remained in the hands of Italian wine producers last year due to lost consumption in restaurants and bars closed due to epidemic...

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Central wine-themed website

Brussels-based Wine in Moderation launched its new website, www.wineinmoderation.eu. This seeks to helps consumers and experts in making well-founded decisions, and by this to motivate for enjoying wine responsibly and...

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British exports to the EU fell by more than 40 percent in January

In January, the value of British exports to European Union markets fell by 40.7 percent; imports from the EU fell 28.8 percent – the British statistical office (ONS) said. The...

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Optimistic consumer sentiment developed in the United States

With a larger-than-expected rise, the Consumer Sentiment Index in the U.S. reached a level that reflected the most optimistic attitude since March 2020 – according to the results of a...

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Walmart beauty on TikTok

Walmart put its second shoppable livestream on social video app TikTok, this time to showcase beauty products. The retail chain’s “Spring Shop-Along: Beauty Edition” works with brands like L’Oréal’s Maybelline and...

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Record high increase in shipments of mobile phones in China in February

In China, mobile phone shipments rose by a record high in February compared to February last year, when severe restrictions were in place in the Asian country due to the...

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The castle bath in Gyula expands with a thermal palace

Service and capacity expansion will be carried out at the Gyula Castle Bath. According to a design procurement published at TED, the project, which won the tender, will develop infrastructure,...

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Eurostat halved the number of tourist nights in the EU last year

The number of guest nights spent in tourist accommodation in the European Union fell to 1.4 billion last year due to the coronavirus pandemic, which is a 52 percent decline...

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Who dares wins!

Online grocery retailer Kifli.hu has launched a promising, very 21st-century gastro project, called Kifli Bistro! The pandemic has given a boost to the recently dwindling ‘meal kit’ concept of restaurants....

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Better times!

Before the pandemic the University of Jena prepared a study, which found that guests are nicer to bar and restaurant staff in the evening than during the day, based on...

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Witty product coding concept

Just a few weeks after Burger King unveiled its new corporate design, McDonald’s introduced its new packaging concept, which was made by creative agency Pearlfisher. The new graphical elements are...

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In’s Mercato to open 30 new stores in 2021

Italian discounter In’s Mercato plans to strengthen its brand identity and expand market penetration in 2021.They intend to open 30 new stores and to implement 90 store restyling projects in...

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Retailers in the era of artificial intelligence

Loyalty comes first Experts predict that 2021 will be the year of both uncertainties and opportunities. With the pandemic 2020 brought the online food industry boom which had been forecasted...

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Co-op removes plastic from Easter eggs in the UK

British retailer Co-op has removed the plastic packaging from its private label Easter eggs. The move will result in over 14 tonnes of plastic not being used. This isn’t the first step...

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Gruppo VéGé enters into partnership with Everli

Italian retail cooperative Gruppo VéGé has joined forces with online shopping service Everli, (formerly known as Supermercato24). The 3-year partnership will see Everli’s online ordering and home delivery services rolled out...

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Coty: Drop in cosmetics product demand results in millions lower sales result

Coty Inc is to increase its investments in skin care to offset a pandemic-induced fall in demand for its makeup products that led to disappointing quarterly sales revenue. The company...

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101 smiling pizzas

In the difficult year of 2020 the owners of Toscana restaurant in Budapest supported several non-profit organisations. For instance they turned up in the Fót Children’s Centre with innumerable smiley-decorated...

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