Plenty of small shops have closed in the past 10 years
Over the past decade, more than 26 thousand small shop were bankrupted, however turnover increased per shop and per square meter. Of course, the number of large department stores increased – the blokkk.com wrote.
In the last decade, between 2005-2016. the Hungarian store, department store retailing changed a lot. The number of sales outlets fell by more than 26 thousand, now their number is under 130 thousand (excluding the gas stations and car dealerships). At the same time, the number of large stores increased, both in food and manufactured goods trade. (bokkk.com)
Related news
Barcodes are being replaced after half a century
A new era in retail is about to begin: the…
Read more >Gyopáros Alpár: stores operating in settlements with a population of less than 5,000 can apply for operating support
Grocery stores and/or butcher shops operating in settlements with fewer…
Read more >Bank of England Governor: Trade relations with the EU need to be rebuilt, mainly because of food trade
The Governor of the Bank of England says Britain needs…
Read more >Related news
KSH: in April, retail turnover exceeded the same period of the previous year by 5.0 percent and the previous month by 2.0 percent
In April 2025, the volume of retail trade turnover increased…
Read more >FAO food price index fell in May
The benchmark global food price index fell in May from…
Read more >Eurozone retail sales rise in April
Retail sales in the eurozone and the European Union increased…
Read more >