Retail

Retail

Share of online shoppers below EU average

The percentage of Hungarians who shopped online stood at 49% last year, somewhat below the EU average of 60%, according...

Retail

BorsodChem donating cash, masks and disinfectant to community

The Chinese-owned Hungarian chemical raw material maker BorsodChem has provided HUF 20 million, 10,000 liters of disinfectant and 10,000 masks...

Retail

’Our Street’ community platform given support by MOL Limo

In response to the epidemiological situation that has developed in recent weeks, the local community-building platform Miutcánk (Our Street) has...

Retail

Operating a Telco Giant in the Time of COVID-19

The Budapest Business Journal talks with Judit Endrei-Kiss, chief HR officer at Telenor Hungary, about the extraordinary measures taken to...

Retail

Socialite Isolation: Painless Ways to Adjust to Homeworking

Homeworking is now the logical and perhaps the only way for many businesses to keep going in these coronavirus-inspired interesting...

Retail

How AI is Reshaping Manufacturing

It takes a lot less investment to set up an AI-driven quality control scheme than most company execs would think....

Retail

Matusz-Vad opens online food store for general public

Matusz-Vad Zrt., a company specializing in supplying the hospitality industry, has decided to open an online food store for the...

Retail

Online shopping demand up dramatically

Shopping habits have changed as a result of the coronavirus epidemic, but delivery times for groceries ordered online have become...

Retail

Tesco recruiting temporary workers

Tesco is recruiting people for temporary jobs, says penzcentrum.hu. There is a great deal of work involved in finding people...

Retail

Watchdog to check price hikes in Poland as coronavirus hits

A Polish consumer watchdog said on March 17 that it was setting up a team to monitor price hikes for...

Retail

Banks Rush to Embrace Digitalization to Trump FinTech Competition

While banks are closing branches internationally and the tech-savvy predict FinTechs could well dominate the financial competition, the reality shows...

Retail

Majority of Bulgarians over 18 are overweight

According to data of the World Health Organization, 61.7% of Bulgarians over 18 are overweight, which places the country close...

Retail

Four Marriott hotels in Hungary take part in ʼYou Eat, We Giveʼ charity

In 2019, throughout October and November, three Marriott hotels in Budapest and one located in Kecskemét donated the equivalent of...

Retail

EMA accepts regulatory submission for Richter’s combined oral contraceptive

Pharmaceutical company Gedeon Richter today announced that the European Medicines Agency (EMA) has accepted Richter’s regulatory submission for a combined...

Retail

Rumored Amazon entry into Poland may be a game changer, daily says

Amazon, which already employs 16,000 in seven distribution centers in western and central Poland, servicing its German operations, would be...

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...