The number of retail stores in the Hungarian market has decreased both in the short and long term

By: Trademagazin Date: 2023. 09. 22. 13:31

The number of Hungarian retail stores shows a significant decrease in both the short and long term. In grocery stores, which primarily sell food, there was a decrease of more than 4 percent between 2021 and 2022, that is, 48,000 stores disappeared in Hungary.

A similar decline can be seen in the case of stores that offer non-food products, such as electronic devices, furniture, second-hand items, shoes and clothes – writes in a recent article.

In the last fifteen years, the number of shops has decreased by nearly ten thousand, which shows the concentration of the Hungarian market. There is a 24 percent drop in grocery stores, while a 33 percent drop in non-grocery stores.

During this period, the number of gas stations and auto parts stores also decreased by 16 percent.

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