Retail

Retail

GE Capital fined over mis-selling

GE Capital - the bank which is behind many High Street store cards - has been fined £610,000 ($1.2 mln)...

Retail

H&M Q4 profit gain tops analyst estimates

Hennes & Mauritz AB, Europe's second-largest clothing retailer, said Q4 profit increased 18%, beating analysts' estimates, as the company spent...

Retail

Modine to spend $12 mln on second factory in Hungary

Modine announces $12 mln investment to build a Greenfield manufacturing facility in Hungary to support growing product demand....

Retail

Music downloads almost double in 2006, fail to offset piracy

A surge in downloaded songs and mobile-phone ringtones failed to make up for declines in sales of compact discs last...

Retail

M&S unveils carbon-neutral target

High Street chain Marks & Spencer has announced a £200 mln, (€303.7 mln) five-year plan to make the company carbon...

Retail

Roche’s NeoRecormon wins European approval for weekly use

Roche Holding AG, the world's biggest maker of cancer drugs, won European regulatory approval to sell its NeoRecormon medicine as...

Retail

Hungary allows Novartis, Glaxo to sell drugs outside pharmacies

Hungary's Health Ministry will allow drugmakers including Novartis AG and GlaxoSmithKline Plc to sell certain nonprescription drugs outside pharmacies, making...

Retail

Gucci, Starbucks, Burberry plan Budapest stores

PPR SA's Gucci Group, Burberry Group Plc and Starbucks Corp. are among retailers planning to open their first stores in...

Retail

Actavis may move Bulgarian pharmacy franchise into new markets

Actavis Group hf, the Icelandic generic-drug maker, may expand its Bulgarian pharmacy franchise, Pharma Expert, to other European countries to...

Retail

Hungary’s e-trade sector estimated to be worth Ft 30 bln in 2006

Hungary's electronic trade sector is expected to be worth Ft 30 billion in 2006; and next year it could reach...

Retail

Information leaks on firms behind sell-by date fraud could hurt investigation

Police have called on the Agriculture Ministry to halt all outgoing information on the M.E.G.A. Trade business group, which has...

Retail

Intersport to open at least five new stores in Hungary in 2007

Bern-based international sporting goods retailer Intersport will open five new stores in Hungary next year, with even more projected openings...

Retail

Elcoteq adds 2,500 staff at Hungarian unit in 2006

Elcoteq, a Finnish electronics manufacturing services company, has added 2,500 staff at its unit in Hungary this year, bringing the...

Retail

EU set to give new carbon permits – extended

The European Union is to establish carbon limits for the second phase of the carbon trading scheme, a key way...

Retail

Parliament passes pension law

New legislation restricting early retirement was passed by Parliament yesterday in a bid to encourage employees in their late 50s...

Retail

Aldi Hungary Challenges HUF 123 mln Fine Over Advertising Claims

Aldi Magyarország is seeking a court review of a Hungarian Competition Authority (GVH) decision fining it HUF 123 mln for...

Retail

Aldi Cuts Selection and Prices, Shifts toward Stricter Discount Model

Aldi has reduced its food assortment from 2,600 to 2,100 products as part of a data‑driven cleaning process that keeps...

Retail

Marking 30 Years, Penny Hungary Makes Record Investment

Penny Hungary is carrying out a HUF 13.5 billion investment at its logistics center in Alsónémedi (25 km southeast of...

Retail

Pek-Snack Builds Regional Footprint in 9 Countires on Frozen Bakery Goods

The Hungarian-owned Pek-Snack Group ended 2025 with stable revenue, higher after-tax profit and a stronger export contribution, widening its sales...

Retail

How Retail Tech and Digitalization are Democratizing FMCG

Cutting-edge technology is becoming increasingly accessible in retail. Reaping its benefits is incredibly relevant for a notoriously price-sensitive Hungarian FMCG...

Hungary Retail Sales Rise 4.3% in September as Non-Food Spending Leads Growth

Hungary’s retail sales volume rose 4.3% year-on-year in September 2026, driven by growth in non-food and automotive fuel sales, according...

Hungary’s First Mr D.I.Y. Store to Open at Köki Alongside Popeyes

Budapest’s Köki shopping center will welcome Hungary’s first Mr D.I.Y. store and the country’s fourth Popeyes restaurant in November. Footwear...

Aldi Hungary Challenges HUF 123 mln Fine Over Advertising Claims

Aldi Magyarország is seeking a court review of a Hungarian Competition Authority (GVH) decision fining it HUF 123 mln for...

Futureal Acquires Hungary’s Largest Outlet Center

Futureal has acquired Premier Outlet Budapest, Hungary’s largest outlet center, as it expands its Hungarian operations into direct investment in...

Resident Evil Game Prices Rise Around Film Premiere

Physical console editions of several Resident Evil games rose in price around the film’s Sept. 17 theatrical release, according to...

Spar Files New EU Complaint Over Hungary’s Retail Tax

Spar has filed another complaint with the European Commission over Hungary’s retail sector tax, arguing that amendments offer relief only...

Hungary Retail Sales Rise 2.4% in August

Hungary’s retail sales volume increased 2.4% year on year in August but fell 0.7% from July, according to data from...

GTA VI Preview Sends Hungarian Console Interest Surging

Clicks from Hungarian price comparison site Árukereső to online console retailers rose roughly sevenfold the day after the Aug. 27...

Aldi Cuts Selection and Prices, Shifts toward Stricter Discount Model

Aldi has reduced its food assortment from 2,600 to 2,100 products as part of a data‑driven cleaning process that keeps...

Hungary Retail Sales Rise 4.9% in July

Retail sales in Hungary rose by about 4.9% year-over-year in July in both raw and calendar-adjusted terms, while sales increased...

Corporate, Retail Lending Post Double-digit Growth in Hungary

Corporate and retail lending portfolios at Hungarian banks both expanded at double-digit rates in the 12 months to the end...

Marking 30 Years, Penny Hungary Makes Record Investment

Penny Hungary is carrying out a HUF 13.5 billion investment at its logistics center in Alsónémedi (25 km southeast of...

Pek-Snack Builds Regional Footprint in 9 Countires on Frozen Bakery Goods

The Hungarian-owned Pek-Snack Group ended 2025 with stable revenue, higher after-tax profit and a stronger export contribution, widening its sales...

How Retail Tech and Digitalization are Democratizing FMCG

Cutting-edge technology is becoming increasingly accessible in retail. Reaping its benefits is incredibly relevant for a notoriously price-sensitive Hungarian FMCG...