Tag "Trade magazin 2024/8-9"
Nestlé, Mars Wrigley and Ferrero support the EU deforestation regulation
From 30 December the EU’s deforestation regulation requires companies selling cocoa, coffee, palm oil and other products in the EU to prove that their supply chains aren’t contributing to deforestation....
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New plant-based ribs by Juicy Marbles have edible bones
Alternative meat company Juicy Marbles is launching a new Baby Ribs product, after sending a similar product to a group of consumers for testing back in August 2023. This article...
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Violife adds new plant-based sandwich toppings to its portfolio
Violife has rolled out 100% plant-based sandwich toppings in Hungary under its Viodeli sub-brand, as an alternative to animal-based cold cuts. This article is available for reading in Trade magazin...
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UK’s Co-op expands its franchise network in partnership with EG On The Move
Co-op UK has opened a new store as part of a new franchise agreement with petrol station network EG On The Move. The petrol station and store will offer electric...
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Refresco snaps up plant-based drinks company Frías Nutrición
Dutch company Refresco has acquired Spanish plant-based drinks producer Frías Nutrición from its owner, a private equity investor. This article is available for reading in Trade magazin 2024/8-9 The parties...
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Beyond Meat’s latest product doesn’t intend to imitate meat
Beyond Meat has unveiled its latest product, Sun Sausage, which doesn’t want to imitate beef, pork or poultry. This article is available for reading in Trade magazin 2024/8-9 The company...
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Diageo sells Pampero Rum to Gruppo Montenegro
Italian spirits and food company Gruppo Montenegro has expanded its portfolio with the acquisition of Pampero rum from Diageo. Pampero is one of the leading Venezuelan rum brands with an...
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Podravka takes over Fortenova’s food division
Croatia’s Podravka has agreed to acquire the food companies of the Fortenova Group. The deal is subject to approval by the Croatian competition authority and other regional regulators. The buyer...
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Albertsons adds rapid home delivery and pick-up via Instacart
Albertsons Companies, Inc. is expanding its relationship with Instacart and introduces Instacart pick-up services and Albertsons Rapid convenience delivery nationwide. The new services will be available at Albertsons stores and...
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New measure to curb food waste by Coop Switzerland
As part of its efforts to prevent food waste in the fresh meat category, Coop Switzerland is freezing certain fresh meat products on the expiry date and offering them at...
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Shopping experience and social responsibility – AI in the beauty industry
AI-driven developments are booming in every sector and the beauty industry is no exception. AI technology has fundamentally transformed the way consumers interact with beauty products, together with the way...
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Mikulas Herskovic: “We strive for excellence in everything we do”
Mikulas Herskovic, managing director of Lyreco Central Europe talked to our magazine about how Lyreco has become a global leader in workplace solutions. – Lyreco has a nearly 100-year history....
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Online subscription loyalty schemes are about to take off in Hungary
According to a representative survey by PwC (earlier GKID) for eMAG, the most attractive benefits of subscription loyalty schemes are a discount on the total purchase amount (30%) and free...
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AI in the FMCG sector: companies need to act now!
At Trade magazin’s Innovation Day conference editor-in-chief Zsuzsanna Hermann interviewed Dr György Tilesch, a global AI expert based in California and founding president of the PHI Institute for Augmented Intelligence....
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Salling Group buys 35 stores from Coop Denmark
Salling Group has acquired 35 stores, including twenty-five 365discount stores, three Kvickly stores, five SuperBrugsen stores and two projects not yet realised from Coop Denmark. The deal is subject to...
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Boosted by cocoa
Although the food inflation in Hungary has eased by now, the global cocoa market is still demand-driven. This predicts that the end-of-year festive season’s star sweets, Santa Claus figures, Christmas...
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Heineken Ireland acquires the rights to distribute Molson Coors beer brands in Ireland
Heineken Ireland has agreed to acquire the distribution rights for the Molson Coors beer brands in Ireland. Prior to the agreement Heineken Ireland already held the distribution rights for Coors...
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Amazon reaches milestone in speed of delivery
Amazon has delivered more than 5 billion products worldwide in a single day, and increased its same- or next-day delivery rate by 30% year-on-year, the company announced. Tens of millions...
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AI is already knocking on the kitchen door
The new generation of Samsung household appliances can redefine the concept of kitchen with the help of AI. This article is available for reading in Trade magazin 2024/8-9 Thanks to...
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SPAR helps small farmers with AI-based app
SPAR Magyarország has further expanded its small producer partner programme: through the Regional Treasures initiative more than 600 new Hungarian products are now available in stores. This article is available...
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K&H and the University of Szeged enter into partnership
A research cooperation agreement signed in June between the University of Szeged and K&H Group seeks to better understand how natural human speech works. This article is available for reading...
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Dutch retailer Albert Heijn fights food waste with AI recipes
Albert Heijn’s new Scan&Kook initiative allows users to get personalised recipes based on photos of food products. This article is available for reading in Trade magazin 2024/8-9 The generative AI-powered...
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EU regulation on artificial intelligence published in July
On 12 July the EU’s AI Act was published, which is the world’s first truly comprehensive, sector-neutral legislation on artificial intelligence technology. This article is available for reading in Trade...
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Asda stops testing refill stations
Asda will discontinue testing its refill stations, citing challenges in the current form of the initiative’s operation. This article is available for reading in Trade magazin 2024/8-9 Cost, convenience, cleanliness...
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Sweet future with cocoa – or without it
On 4 July the Association of Hungarian Confectionery Manufacturers hosted a press event in the Mozart Hall of Novotel Budapest City & Budapest Congress Centre. This article is available for...
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This Christmas shoppers will be using technology to hunt for the best deals
In the 2023 Christmas season online sales are estimated to have reached USD 1.17tn globally, a 3% increase from the previous year. This article is available for reading in Trade...
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Goodbye celebrities?
57% of the more than 20,000 people surveyed in 30 countries by EY use online communities to find information when shopping, and 61% have already bought a product based on...
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Our favourite NESCAFÉ drink in a new guise, from a sustainable source
One of Nestlé’s biggest brands, NESCAFÉ has a completely revamped packaging. NESCAFÉ’s inspirational new slogan, “Make Your World” expresses the brand’s global commitment to sustainable coffee production and encourages consumers...
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More than charity – what is good CSR like?
According to the K&H sustainability index from the first half of 2024, both large and small companies have seen a decline in CSR engagement owing to the difficult business environment,...
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“Employer Branding: the love affair of marketing and HR”…
In June the first joint Employer Branding Conference of the Hungarian Marketing Association (MMSZ) and Marketing Art was held. Trade magazin was the event’s media partner. This article is available...
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