Retail

Retail

Czech Retail Sales Rise in December

Retail sales in the Czech Republic rose a calendar-adjusted 1.6% year-on-year in December, accelerating from a downwardly revised 0.1% increase...

Retail

Minister Calls on Fuel Industry Insiders to Keep Prices ‘Competitive’

Economic Development Minister Márton Nagy has called on vehicle fuel sellers to comply with an earlier commitment to keep price...

Retail

Romania Retail Trade Slows in December

Retail sales growth in Romania slowed to 1.5% year-on-year in December from a downwardly revised 3% in the previous month,...

Retail

Retail Sales Fall Marginally in December

In December 2023, the volume of sales in retail trade in Hungary decreased by 1% according to raw data, and...

Retail

Chinese Companies Dominating Domestic E-commerce Market

Temu and other Chinese e-commerce companies dominate the Hungarian and European markets, Norbert Madar, GKI Digital's senior consultant, said at...

Retail

Estonia Retail Sales Fall Further in December

Estonian retail trade shrank by 5.4% year-on-year in December, after an 8.8% drop in the previous month, which was the...

Retail

Latvia Retail Sales Rebound in December

Latvia's retail sales rose by 1.1% year-on-year in December, following a downwardly revised 1.9% decline in the prior month, figures...

Retail

Trade in Fakes Hits Hungary

Trade in counterfeit merchandise has cost Hungarian companies EUR 189 million in lost revenue and resulted in 4,466 job losses,...

Retail

Lithuania Retail Sales Jumps, Industrial Production Falls in December

Lithuania's retail sales increased 1.9% year-on-year in December from 0.1% rise in the previous month, data from Statistics Lithuania (LS)...

Retail

Regional Surge in Heating, Winter Gear Searches Online

According to the latest data from retail price comparison website Árukereső.hu, Hungary, and the region as a whole have been...

Retail

Ikea Hungary Sales Climb 11%

Sales in Hungary of Swedish home furnishings giant Ikea rose 11% to HUF 145 billion in its business year ended...

Retail

Poland’s Retail Sales Fall in December

Retail sales in Poland decreased 2.3% year-on-year in December, following a 0.3% decrease in the previous month, figures from the...

Retail

2023 the Year of Cheeseburgers and Anti-stress Toys at Wolt

Recently, Emma Stone and Mark Ruffalo revealed in an interview that they ate cheeseburgers almost every other day during the...

Retail

Auchan Raises Floor Worker Pay 12.5%-21.3%

Auchan is raising the pay of floor workers at its stores between 12.5% and 21.3% from January 1, the French-owned...

Retail

Retail Sales Down 5.4% y.o.y. in November

In November 2023, the volume of retail trade in both raw and calendar-adjusted data was 5.4% lower than in the...

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...