Super supermarkets
According to a study published by GfK Hungária to help companies in strategic planning, in spite of a reduction in purchasing power, supermarkets still produced dynamic growth in the first six months of 2008, while the market share of hyper markets showed stagnation. A large number of new stores opened in both the supermarket and the discount channels in the above period. However, the hyper market distribution channel is expected to increase its market share by another 5-6 percent in the medium term. Supermarkets increased their market share by 1.8 percent in the first half of 2008. The market share of discounts stores has not changed significantly since 2007, but this distribution channel is expected to produce the biggest expansion in the medium term. Hungarian retail chains have improved their position somewhat, while independent stores continued to lose ground.
Related news
Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >Fidelity Outlook 2025: The US is ready for reflation
The Republicans’ landslide victory in the November election has significantly…
Read more >