Retail

Probe Establishes Spar Compliance With Commitments

Hungary's Competition Office (GVH) on Wednesday said a follow-up probe showed that Spar Magyarország had complied with commitments to expand...

Retail

Hungary E-commerce Market Reaches HUF 1.9 tln in 2024

Online sales in Hungary climbed to more than HUF 1.9 trillion last year, growing by nearly 15% year-on-year, news wire...

Retail

Hungarian E-commerce Association Backs EC Proposals

The Ecommerce Hungary Association has voiced members' support for proposals by the EC to ensure safe and sustainable e-commerce imports...

Retail

Retail Sales See Modest Growth in December, but Monthly Decline Reflects Seasonal Trends

Retail sales showed slight year-on-year growth in December 2024, but saw a month-on-month decline, reflecting early holiday shopping and rising...

Retail

Pepco Group Revenue Rises by 1.4% Year-on-year in Q4

Pepco Group has reported stable financial results for the final quarter of 2024, with the Pepco brand achieving a 1.4%...

Retail

GTC and Numa Group Launch in Hungary With 1st Location in the Heart of Budapest

Numa Group, Europe’s leading digital hospitality platform, has announced its launch in Hungary with a flagship property in central Budapest...

Retail

Gov’t Looking to Address Rising Milk, Dairy Prices

The government is closely monitoring milk and dairy product price developments and is prepared to take "firm measures" to ensure...

Retail

Hungary’s Retail Sales Increase 4.1% in November

Hungary's retail sales volume grew by 4.1% in November 2024 compared to the same month last year, according to calendar-adjusted...

Retail

Aldi Magyarország Rolls out 8% Pay Rise

Aldi Magyarország is raising store and warehouse staff pay by 8% from January 1, the German-owned discount chain said on...

Retail

Aldi to Continue Expanding Its Network in Hungary

Aldi opened 10 new stores in Hungary this year, as in the previous years, and wants to continue expanding at...

Retail

Lidl Hungary Marks Two Decades as an FMCG Market Leader

Lidl Hungary marked its 20th anniversary by celebrating outstanding achievements, including securing the top spot in the Hungarian FMCG sector...

Retail

Retailers Raging Against the Dying of the Black Friday Light

Drowning in dullness was our conclusion about last year’s Black Friday promotion in Hungary. More accurately, the promotion period, as...

Retail

Survey: Shoppers Prepared to Hunt for Best Holiday Deals

Most consumers are actively searching for holiday discounts, according to EY's int'l survey of 13,000 shoppers. The study found that...

Retail

Most Buy Christmas Gifts in Good Time

Most people start buying gifts 3-4 weeks before Christmas, with only 1% leaving it to the last minute, according to...

Retail

Retail Sales Rise 3.6% y.o.y. in October

Retail sales in Hungary rose 3.6% year-on-year in October, adjusted for calendar year effects, according to data released by the...

Retail

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...

Retail

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...

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

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...

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

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...

Retail

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...

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...

Retail

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,...

Retail

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,...

Retail

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...

Retail

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...