Retail

Retail

Tesco denies rumors of multi-stage downsizing

There is unfounded speculation that a multi-stage downsizing could follow at Tesco, the press department of Tesco Global Warehouses Zrt....

Retail

6 Kika stores to rebrand as XXXLutz from October

The transformation of the six Hungarian Kika furniture stores has started, and the Hungarian stores of the chain will take...

Retail

Slovak retail trade falls in June

Retail sales in Slovakia decreased 1.6% from a year earlier in June, following an 8.9% tumble in the previous month,...

Retail

Estonia retail sales rise in June

Estonia retail sales increased in June, data from Statistics Estonia (SE) shows....

Retail

Croatia retail sales drop in June

Retail sales in Croatia decreased 6.2% year-on-year in June, following a 7.8% fall in the previous month, figures from the...

Retail

Online sales up 34% in Q2

Online sales in the second quarter were up 34% annually at HUF 188 billion, Hungarian news agency MTI reports, citing...

Retail

Amazon to add 500 new jobs in central Poland

Amazon will add an additional 500 new jobs in its new e-commerce centre in Łódź, central Poland. Amazon had already...

Retail

Infection of family members named as greatest COVID-19 fear

Some 47% of Hungarians say their greatest coronavirus-related fear is a family member becoming infected, while only 24% say that...

Retail

Hungarians plan to spend more on clothes

A recent survey by online reseller Vatera revealed that from March to June, respondents spent an average of HUF 8,875...

Retail

Hell Energy and Hydro announce ʼgreenest beverage can in the worldʼ

Hell Energy Group, a well-known energy and soft drink producer, together with the aluminum company Hydro, signed a contract on...

Retail

Changing Behavior Accelerates Consumer Embrace of Digital, Health, Sustainability

The acceleration of consumer trends and behavior that was already underway before COVID-19 has taken another leap forward and will...

Retail

Bulgaria retail sales fall further in May

Bulgaria’s retail sales fell further in May, by an annual 20.4%, after decreasing by an annual 19.9% in the previous...

Retail

Competition Office fines Alza.hu HUF 892 mln

Hungaryʼs Competition Office (GVH) on Friday said it fined consumer electronics website Alza.hu HUF 892 million for unfair business practices....

Retail

Govʼt signs strategic agreement with Mömax owner

Hungaryʼs government on Thursday signed a strategic cooperation agreement with Austrian-owned MMXH Lakberendezési Kft, which owns the Mömax chain of...

Retail

Romania retail sales fall at slower pace in May

Romania retail sales declined for the second straight month in May, figures from the Bucharest-based National Institute of Statistics (INS)...

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...