Lidl will not take advantage of Sunday closure loophole
The Hungarian unit of German retailer Lidl made a strategic decision not to declare any of its stores as traditional outdoor markets, the firm said in a press release yesterday. Making such a declaration would allow the retailer to circumvent the Sunday closure law introduced earlier this year.
The press release said that the “basis of the decision is to abide by Hungarian legislations in their entirety.”
It was reported at the beginning of the week that Hungarian-owned CBA had declared two of its stores near Lake Balaton as traditional outdoor markets, given that they sell goods in their parking lots. As such they are entitled to open for business on Sundays.
“As of March 1, we have extended opening hours in our stores,” Jenő Grósz, chairman of Hungarian Lidl’s management said. “Every player of the retail market has one Sunday to stay open a year, and we are going to accept that opportunity. As a responsible corporation, we are not planning to stay open on any other Sunday,” Grósz noted.
ADVERTISEMENT
Gloster H1 Revenue Climbs 24%
V4 Agri Officials: WTO Case Over Grain Bans 'Unfortunate'
AutoWallis Green Investment Project Value Reaches HUF 3 bln
Budapest Muni Council Clears Rác Baths Renovation
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 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.
