Retail

Retail

Extreme Digital trumps last yearʼs Black Friday sales

Black Friday ended at midnight November 15 at retail company Extreme Digital, with the record purchase coming from a man...

Retail

Black Friday and Holiday Shopping Habits

November may seem early to start thinking about Christmas gifts, but it is actually dangerously close to the 24th hour,...

Retail

Romanians plan to spend more on Christmas gifts this year, study

Romanian internet users intend to offer Christmas gifts to 10-11 people on average this year, and the budget for gifts...

Retail

New People, new Branches: A Focus on Customers’ Real Needs

Eastern European economies are particularly sensitive to any negative development in the world economy. According to a recent survey, morale...

Retail

IKEA to open first store in Slovenia in 2020

Swedish furniture retailer IKEA will start building its first store in Slovenia in October, with construction expected to be completed...

Retail

Building Digital Success Through Cooperation

Japanese ICT giant Fujitsu, which is in the process of fine tuning its business model in Hungary, says it has...

Retail

Cybersecurity: Not all Attacks are Equal

Cyberattacks are more common that one might think and are targeting more businesses. A new survey by RSM Global summarizes...

Retail

Ministry of Agriculture awards Penny Market

The local unit of German discount supermarket chain Penny Market has been presented with an award by Zsolt Feldman, state...

Retail

Online Stores Take Growing Slice of Fashion Market

When shopping for clothes, most people in Hungary still prefer traditional shops; indeed, last year, turnover grew to more than...

Retail

SAP Hungary: Leveraging the Future Today

For years, artificial intelligence has been a staple of the sci-fi world, albeit one placed firmly in the future. But...

Retail

AI could affect 900,000 jobs in Hungary

According to a study by PwC Hungary, the disruptive effects of Artificial Intelligence (AI) will be felt in Hungary starting...

Retail

Found in Translation: MemoQ Software

Formed by three Hungarian language technologists more than 15 years ago, memoQ is one of the world’ s fastest developing...

Retail

Hot Ideas, Even Hotter Sauces

Chilion is a Hungarian brand manufacturing chili sauces, and is already earning accolades internationally. The Budapest Business Journal sat down...

Retail

Padthai Wokbar starts home delivery

The popular Padthai Wokbar chain, currently present in the capital with seven restaurants, has announced the start of home deliveries...

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...