News and articles
There is a huge difference between the perceived and official inflation now
Officially, the annual rate of price increase in Hungary is below 3%, but in the meantime we can find inflation of almost 10% when we enter the store. There has...
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Prices continue to rise in domestic hypermarkets
Shoppers and traders are increasingly adapting to the epidemic, while prices continue to rise in domestic hypermarkets – albeit at a slightly slower pace than a month ago. There is...
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21 tons of product donation for Hungarian Red Cross
The first large-scale product donation arrived at the Papp László Budapest Sports Arena for the Hungarian Red Cross. In April, the organization received the Papp László Budapest Sports Arena for...
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How COVID-19 is changing consumer behaviors
The EY Future Consumer Index on behavior and sentiment across five key markets shows how the pandemic is creating new consumer segments. Daily life for people around the world has...
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Lidl Switzerland To Roll Out ‘Veggie Block’ Concept In More Stores
Lidl Switzerland has announced plans to expand its ‘Veggie Block’ concept to approximately 140 outlets across the country. The ‘Veggie Block’ is a specially marked shelf dedicated to vegetarian and...
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Coop Denmark To Tighten Soy Requirements
Coop Denmark has announced plans to increase the proportion of responsibly-produced soy in its private label brands, by tightening requirements. The new requirements will apply to products containing soy as...
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New Online Supermarket Macai Launches In Italy
A new independent online supermarket Macai has launched in Italy, which claims to be the ‘first 100% digital supermarket’ in the country, reports the daily Corriere della Sera. The product assortment...
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Both customers and employees can trust Coop
Despite the emergency situation and official restrictions, the food supply of 1,500 settlements – mainly small settlements – is uninterrupted by the 2,300 stores of the COOP Chain of Custody....
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People are boycotting Costco for requiring shoppers to wear masks in stores
Costco is the secon biggest US grocery retailer. Starting May 4, Costco shoppers will be required to wear face coverings in stores. After the announcement of the new policy, angry...
Read moreGKI Digital: online retail business grew by 21.4 percent in the first quarter
E-merchants fulfilled about 9.9 million domestic orders in the first quarter, with a gross value of 149.6 billion HUF, which represents an increase of 15.9 percent in the number of...
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Deloitte: a government decree protects food suppliers
New government decree protects food suppliers when selling to larger traders in times of emergency due to the coronavirus, allowing traders not to unilaterally reduce the purchase price or threaten...
Read moreTesco will deliver home in ninety-six more settlements
Tesco has launched its online shopping service in three new towns and their catchment areas. Together with the 96 settlements of the now activated Miskolc, Tatabánya and Szombathely regions, the...
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SPAR modernized its supermarkets in Nagyatád and Dunaföldvár from nearly half a billion forints
The retail chain spent 243 million HUF per store on the modernization of its two rural units. During the investments, both supermarkets were upgraded in line with current consumer needs...
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At the initiative of the Chamber, it will be possible to employ foreign seasonal workers
The amendment to the government decree, initiated by the National Chamber of Agriculture, allows harvesting works. This will be of great help to the horticultural sector in particular in mitigating...
Read moreOpten: 42 percent drop in the number of company foundations in April
In April, 1,442 companies were established in Hungary, which is a 42 percent decline from the previous month and 35 percent from a year earlier – Opten told MTI. Opten...
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Print advertisements are more efficient
The total press market revenue in 2019 is HUF 106.524 billion. In line with the previous trend reversal, the print advertising segment remains a major factor. The biggest strength of...
Read moreFAO: food prices are falling constantly
Since February, the prices of the most important food products have been steadily declining due to the significant drop in demand generated by the economic and transport effects of the...
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AM: game meat to the health workers
The employees of the Balassagyarmat hospital were among the first to receive the 100 kilograms of processed, high-quality domestic game meat that game farmers voluntarily use to help doctors and...
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Retail sales in the euro area and the EU fell in March
Retail sales in the euro area and the European Union fell by a record level in March, compared to the previous month, according to a report by Eurostat, the EU’s...
Read moreFrench poured out ten million liters of beer
In France, about 10 million gallons of beer have to be destroyed in the near future because they have become unfit for consumption due to the coronavirus pandemic – index...
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KSH: The number of guest nights decreased by 64.6 percent in March
As a result of the coronavirus pandemic the number of nights spent by foreign guests in commercial accommodation fell by 68.1 percent in March and the number of nights spent...
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Szállás.hu: discounts can entice guests
After the restrictions are lifted, the accommodation establishments will give guests a discount of up to 20-30 percent, according to the experts of Szállás.hu, who believe that those accomodiations will...
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Animation Imagining Virtual Foods Androids Might Eat – Video of the day
0% food – a research project by XK studio, serves the answer to an age old question. Do androids crave virtual food? The original function of food as pure nourishment...
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Greece will open to tourists from July
Greece will open to tourists on 1 July, while Denmark does not yet plan to lift its border closure for tourism due to the coronavirus epidemic. The Greek government has...
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Starbucks is opening almost all of its cafes in the U.S.
Starbucks recently announced that it will reopen 85 percent of its U.S. units, however, everyday life is still not back as major changes are coming to ensure that both employees...
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The caring man is the new macho
Gender marketing messages that target men and products for men are using a new language, and they are also ‘speaking’ in new product groups. Men feel there is pressure on...
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Italy’s Conad Tests Disposable Handle Covers For Shopping Carts
Italian supermarket chain Conad has launched the trial of a disposable handle cover for shopping trolleys as part of its efforts to comply with COVID-19 hygiene regulations. ‘Keeper’ is a...
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Bottler Coca-Cola HBC’s April Sales Lose Fizz As Lockdowns Weigh
Soft drinks bottler Coca Cola HBC AG on Thursday said sales in April fell by more than a third as fast-food chains, theatres and other public arenas stayed shut to...
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Asda Slashes Prices Of Steaks To Support UK Farmers
UK retailer Asda has announced that it has launched a ‘lowest ever prices’ offer across its steak range to help British farmers during the COVID-19 pandemic. However, the retailer will...
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Magazine: Annual meeting 2020
At the end of February 2020 the Guild of Hungarian Confectioners held its annual meeting in Bükfürdő, where president Balázs Erdélyi summarised the most important achievements of the previous year....
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