Retail

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

Black Friday not Expected to Make Huge Waves in 2024

In 2023, the first full year after COVID, researchers and retailers were expecting weak sales on Black Friday. Inflation was...

Retail

Lidl to Raise Number of Stores to 250

German-owned supermarket chain Lidl Hungary plans to raise the number of its stores from 210 to 250 in the coming...

Retail

Action at EU Level Could Change Temu Practices – GVH

Concerted action by European Union member states could force Chinese online marketplace Temu to change its commercial practices to comply...

Retail

Hungary’s Retail Sector Delivers Mixed Performance in September

Hungary’s retail sales rose by 1.7% in September compared to the same period last year, despite a monthly decrease of...

Retail

Hungary’s Retail Sales up 4.1% in August

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

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...