Retail

Retail

Tesco to Close Major Budapest Hypermarket on April 30

Tesco confirmed it will permanently close its Soroksári út hypermarket in Budapest after April 30, in what the company called...

Retail

Temu Intensifies Price Competition in Hungary’s Retail Sector

Hungarian shopping habits have changed dramatically in the past few years. Although the dominance of brick-and-mortar stores remains, purchasing decisions...

Retail

Shopper Park Plus Announces Acquisitions in Pipeline

Shopper Park Plus, which owns a portfolio of retail properties in the region, made an announcement on Wednesday about acquisitions...

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...