BestByte is undergoing restructuring: store closures and layoffs are possible

The court documents cited in the articles justify the company’s difficult situation with several factors: slow inventory turnover, high inventory levels, and the significant fixed costs of the store network. According to a source close to the matter quoted by Forbes.hu, the company is struggling with cash flow problems and its financing side has also narrowed: the bank no longer provides guarantees.

The main directions of the restructuring plan, according to reports, include closing loss-making stores, reducing operating and personnel costs, and increasing the weight of online sales. In addition, operations would be stabilized by significantly reducing inventory levels.

BestByte was founded in 2009; according to Forbes.hu, it has 11 stores nationwide and also operates six Office Depot stores. However, the “significant losses” for 2025, according to the articles, cannot yet be substantiated based on official, closed reports, since the latest public business data refers to 2024.

As a market context, Forbes.hu recalls: according to the PwC Hungary e-commerce list, BestByte was the 11th largest e-retailer in the Hungarian market in 2024, and ranked 5th among exclusively Hungarian-owned online players. The company has been profitable since 2016; in 2024, it achieved after-tax profit of HUF 345.6 million, while sales revenue increased to HUF 39.3 billion, and the number of employees was 373, according to public company data.