Retail

Retail

GfK: purchasing power growing in Europe

In a study about the purchasing power of customers in the retail sector, market researcher GfK has found that the...

Retail

Franchiser Diego sees revenues climb 15% in 2017

Revenues of Hungary-based flooring and curtain retailer Diego rose 15% to HUF 18.8 billion last year, the company told state...

Retail

Founder Baldauf exits CBA

László Baldauf, the co-founder and owner of local supermarket chain CBA, is selling his remaining share in the company, according...

Retail

Young Hungarians expect sunny years after retirement

Young Hungarians are very optimistic about their retirement age. The vast majority expect to supplement their state pension with savings...

Retail

Food retail growth expected to continue

Last year revenues from food sales in Hungary grew by 2.6%, according to economic research institute GKI, and credit insurance...

Retail

Hungarian owners buy out Steinhoff stake in Extreme Digital

The Hungarian owners of online consumer electronics retailer Extreme Digital have reacquired a 50.4% stake in the company from South...

Retail

Discount stores increasingly popular in Hungary

Household spending on fast-moving consumer goods (FMCG) rose by 2% in 2017 after rising by 2.2% in 2016 and 2%...

Retail

Devil in the Data

How digitalization, artificial intelligence and blockchain will change the financing landscape....

Retail

In executive search, family firms prefer to keep it in the family

Few owners of family businesses in Hungary consider selling their company when the issue of a generation shift arises within...

Retail

Blaha Lujza tér set for major facelift

The Municipality of Budapest has set aside HUF 1.8 billion from its budget for the renovation of the busy thoroughfare...

Retail

Nursery and working space set for Hungarian pilot program

Community office service provider Loffice has announced a new model for parents with small children, dubbed Coworkid. The new model...

Retail

Icecat now available in Hungarian

Dutch company Icecat, a global content syndication network for consumer electronics and office supply product groups, is now available in...

Retail

Webstores seen unlikely to kill traditional shops

E-commerce could generate annual revenues as high as HUF 1,100 billion by 2021 in Hungary, but this will not pose...

Retail

Hungarian airport car sharing service eyes expansion

Hungarian startup BeeRides has partnered with German investor innogy Innovation Hub to expand its airport car sharing service. After Budapest...

Retail

IKEA turnover up 14% in last business year

Home furnishings retailer IKEAʼs revenue in Hungary rose 14% year-on-year to HUF 61 billion in the business year ending August...

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...