Drugstores were among the losers from panic purchases caused by the pandemic last year, as consumers tended to buy chemical goods in grocery stores that also sold food, according to Gergely Kovács, head of customer relations at NielsenIQ.
But the sector worked off the one percentage point drop in shares last spring by the beginning of the year, and by the middle of the year it had already surpassed the previous level, Kovács told vg.hu. Drugstores accounted for 9% of the total Hungarian market for fast-moving consumer goods, while 41% of the turnover of chemical goods in terms of sales in value in the period from July last year to June 2021.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
