Tag "kiskereskedelem"
The merchants were confident, but for now we spend on the SZÉP card not in the store, but in tourism
While retailers held optimistic expectations, it appears that concerns from the tourism sector about a potential shift in spending patterns due to the option of using SZÉP cards (Employer Provided...
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Survey reveals how retailers view AI, future deployment plans
Retailers have big plans for deploying artificial intelligence (AI) technologies — and sooner rather than later. Nearly six in 10 respondents plan to adopt AI, machine learning (ML) and computer...
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We expect excellent Hungarian melons this year
The sale of Hungarian melons has started, domestic producers are expected to harvest 125-130 thousand tons of watermelons and 10-12 thousand tons of cantaloupe from the fields during the summer...
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The decline in retail trade in the Czech Republic continued in May
The decline in retail sales in the Czech Republic continued in May. However, the annual drop of 6.1 percent in May is a slightly better result than the 8.4 percent...
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The Romanian government adopted a decree aimed at limiting the price of basic foodstuffs
In Romania, the government adopted an emergency decree on Friday in order to limit the prices of 17 staple foods. The legislation limits the permissible margin applied by processors and...
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Automation, private labels and veganism – international retail in 2022
Workforce shortage? Automation! This article is available for reading in Trade magazin 2023/6-7. In 2022 the workforce situation in FMCG retail wasn’t any better than in the previous year: both...
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Shops adrift at the sea of costs
2022 was a difficult year for stores. Amidst the depressing inflation, families kept cutting back their spending month by month in the second half of the year, in terms of...
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Trust in supermarkets plunges to nine-year low
Trust in the food industry has plummeted as two thirds of consumers believe supermarkets are “ripping people off” with high convenience store prices, new research by Which? shows. According to...
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Retail sales in the Czech Republic also decreased in April
Retail sales in the Czech Republic decreased by 7.7 percent year-on-year in April after the 9.5 percent decrease in March, the Czech Statistical Office announced on Wednesday in Prague. The...
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KSH: in April, the turnover of retail stores decreased by 12.6 percent
In April 2023, the turnover volume of retail trade – with a significant base effect – decreased by 13.6 percent compared to the same period of the previous year according...
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OKSZ: The Government should lift the price cap and abolish the retail tax
The member companies of the National Trade Association (OKSZ) were outraged to learn that the retail tax in the sales revenue above 100 billion was increased from 4.1% to 4.5%...
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Top 25 global retailers thrive amidst challenges to post 7.1% YoY revenue growth in 2022, reveals GlobalData
Despite the challenges of high inflation rates, labor shortages, and disruptions in the supply chain, the top 25 publicly traded global retailers* achieved a remarkable year-on-year (YoY) revenue growth of...
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Herbs in the food industry
I believe in the healing power of herbs – declared Dr. Márton Nobilis, State Secretary responsible for the food industry and trade policy of the Ministry of Agriculture, at the...
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Retail losses — and apprehensions — soar in 2022
Eighty-one percent of U.S.-based retailers reported that shrink increased in 2022, according to “The 35th Annual Retail Theft Survey,” from loss prevention and inventory shrinkage control consulting firm Jack L....
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Katalin Neubauer: the entire retail trade is in a vulnerable position
The high prices are not the fault of the retailers, but rather the result of the high fixed energy costs of producers and suppliers,” said Katalin Neubauer, the Secretary General...
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The Government is introducing mandatory promotions
The war and the failed sanctions policy led to unprecedented inflation across Europe. The Government’s goal is to protect families, pensioners, and full employment even in an economic situation affected...
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Institute of Agricultural Economics: the decrease in the producer price of grain continued
In the last week of March, the decrease in the producer price of grain in Hungary continued, and the price of oilseeds also decreased – read the report published on...
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National Trade Association: starting from Saturday, stores may crowded
Customers are more careful, they did not bring their Easter shopping as far in advance as before, so especially busy days can be expected in the stores from Saturday, the...
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Because of Easter, retail sales can be up to 30-40 percent higher
Although the increase in food prices makes customers think twice about what to put in their baskets, seasonal products are expected to sell well this year as well. In the...
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The elimination of extra taxes burdening commercial chains was also discussed
The Democratic Coalition (DK) continues to demand the abolition of extra taxes burdening commercial chains and a drastic reduction of the sales tax on the most basic foodstuffs in order...
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Gen Z at Shop! Ideation
At the end of 2022 Colombus (Ohio, USA) was the host of the annual Shop! Ideation conference. There were presentations about retail and point of sale marketing, a “Retail Challenge”...
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The French government announces an “anti-inflation quarter” in supermarkets
The French government agreed with the big supermarket chains to keep food prices “as low as possible” until June; within the framework of the “anti-inflation quarter”, supermarkets can freely choose...
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Retailers in the metaverse
Deloitte’s experts have studied what can influence the expansion of retail trade in the metaverse. At the moment there are several factors that hinder the large-scale use of the metaverse,...
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Business sentiment has improved in Germany
In February, the German business sentiment index of the ifo economic research institute strengthened somewhat less than expected, the prospects improved, but the perception of the current situation among economic...
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László Perlusz: thousands of businesses in retail have closed, tourism and hospitality are in a difficult situation
László Perlusz, the Secretary General of VOSZ, spoke about his entrepreneurial prospects in 2023 in an interview with InfoRádio. He is fundamentally optimistic, but considers it important that “it is...
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Retail turnover in Romania increased by 4.4 percent last year
According to raw data, the volume of retail sales in Romania increased by 4.4 percent last year compared to the year 2021, the Romanian National Statistics Institute announced on Monday....
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Navigation and shopping
Research results by Retail Dive for Waze from early this year reveal: in the first quarter of 2022 there were 4.7% more navigations to retail outlets. The study also found...
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Small butcher shops receive extraordinary support
The government is subsidizing small butcher shops with four and a half billion forints, Minister of Agriculture István Nagy announced. The minister drew attention to the fact that despite the...
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Retail turnover in the euro area and the EU increased in November on a monthly basis
Retail sales in the euro area and the European Union increased in November in a monthly comparison. The statistical office of the European Union, Eurostat, announced on Friday that in...
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Retail turnover in Romania increased by 4.5 percent in the first eleven months of last year
In Romania, according to raw data, the volume of retail trade increased by 4.5 percent in the first eleven months of last year compared to the same period in 2021,...
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