Retail

Retail

Delphi to downsize in Szombathely

Delphi Hungary Kft, the Hungarian arm of motor components manufacturer Delphi, decided on sacking 400 people out of its total...

Retail

BBJ conference focuses on tourism sector developments

The BBJ’s “Investment and Tourism” conference held last Thursday at the Corinthia Grand Hotel Royal focused on tourism projects, details...

Retail

Tesco revenue increases 14% in 2005

Tesco Global Stores Zrt, the Hungarian unit of UK retailer Tesco, had revenue of Ft 473 billion in 2005, 14%...

Retail

Asko makes its move in Hungary

Turkish home improvement chain Asko is set to enter the Hungarian furniture market soon, business daily Napi Gazdaság reported....

Retail

Joint Venture Association elects Fekete as new president

Hungary's Joint Venture Association said on Thursday it elected former vice president István Fekete as its new president at its...

Retail

Domus rents six stores to Tesco

Furniture chain Domus Rt signed a contract to lease six of its stores to Tesco Global Stores Zrt, Domus announced...

Retail

Charles Vogele opens first shop in Hungary

Charles Vogele Holding, a Swiss maker of fine clothing, has opened its first shop in Hungary, in Veszprém, northwest Hungary,...

Retail

C&A expansion continues in spring

Clothing retailer C&A will open its 11th store in Budapest on March 16, the company announced....

Retail

Fitness guru to open fast food restaurant

Fitness guru Norbert Schobert will open a fast food restaurant in Moszkva tér in District 2, eventually planning to grow...

Retail

German video game maker sets up JV with Digital Reality

German video game company CDV Software Entertainment and Hungarian peer Digital Reality Kft have set up a 50%-50% joint venture...

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...

Retail

Hungary’s Grocery Market Growing, but the Weekly Shop Being Rewritten

Food retail turnover is up, but modest real-volume growth and the expansion of digital purchasing suggest that the FMCG market...

Retail

Making Physical Retail Units Work Harder

Physical stores remain a crucial link between producers, consumer goods companies, retailers and households, argues György Suta, consumer products and...

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...

Russian Discount Chain Mere Shuts Only Hungarian Store

Russian ultra‑low‑cost chain Mere has closed its only Hungarian store, the Basket Plus in Budapest, less than a year after...

Hungary’s Grocery Market Growing, but the Weekly Shop Being Rewritten

Food retail turnover is up, but modest real-volume growth and the expansion of digital purchasing suggest that the FMCG market...

Hungary Retail Sales Rise 3% in June, Edge Down From May

The volume of retail sales in Hungary increased 3% year-on-year in June on a calendar-adjusted basis, but fell 0.4% from...

Tesco Reportedly Prepares Sale of Central European Operations, Including Hungary

Tesco is moving ahead with plans to sell its Central European businesses, with its Czech and Slovak operations to be...

Making Physical Retail Units Work Harder

Physical stores remain a crucial link between producers, consumer goods companies, retailers and households, argues György Suta, consumer products and...

Hungarian Retailers Press for Sectoral Tax Rollback

Hungary's National Commerce Association (OKSZ) pushed for the rollback of a sectoral tax on retailers, state news wire MTI reports,...

Hungary Retail Sales Rise 4.8% in May, Up 0.7% Month-on-month

Retail sales in Hungary increased by 4.8% year-on-year in calendar-adjusted terms in May and rose 0.7% from the previous month,...

Hungary E-commerce Market Concentrates Around Biggest Players

Alza again topped PwC’s E-toplist of Hungary’s largest online retailers, followed by Kifli.hu and MediaMarkt in the same order as...

Lidl Hungary Launches Scan & Go Pilot in 3 Stores

Lidl Hungary introduced a Scan & Go system yesterday in three pilot locations, allowing customers to scan items with their...

Kifli.hu Expands Delivery Network in Balaton

Kifli.hu, Hungary's largest independent online supermarket and grocery delivery platform, is expanding its home‑delivery service to 28 additional Balaton area...