Retail

Retail

Online retailers prepare for hike in holiday sales

Sales turnover at online retailers is expected to see an 18% rise on average in the last quarter of the...

Retail

Black Friday banging on Hungary’s doors

There is no better time to secure pre-Christmas savings than on Black Friday, which is actually spread across two different...

Retail

Minimum wage hike may shutter 1,000s of small stores

While big retail stores are not thought likely to be hit by the Hungarian government’s planned rise in the minimum...

Retail

Marks & Spencer to shut up shop in Hungary

As part of a major restructuring affecting over 100 stores in the U.K. in response to shrinking profits, British multinational...

Retail

IP-based phone services expand in Hungary

Usage of IP-based telephone services by businesses in Hungary has tripled in the past few years, Invitech Solutions concludes based...

Retail

Hungarian camerawoman who kicked refugees receives award

Petra László, a former camerawoman who gained international notoriety for a video showing her kicking refugees in Hungary in September...

Retail

Parliament approves classifying details of donations, tax rebates as tax secrets

The Hungarian Parliament today approved a bill of amendment that would classify the details of donations and related tax rebates...

Retail

Bill would classify details of donations, tax rebates as tax secrets

A bill submitted to Parliament by Minister for National Economy  Mihály Varga yesterday would classify the details of donations and...

Retail

Praktiker opens 20th store in Hungary

Do-it-yourself retail chain Praktiker today opened a 12,000 square-meter store in Budapest, which is the retailerʼs 20th and also the...

Retail

RTL Hungary buys 30% of Central Digital Media

The Hungarian subsidiary of German commercial broadcaster RTL has committed to expanding its online presence by acquiring a 30% holding...

Retail

BP announces opening of new SSC in Szeged

British multinational oil and gas company BP is opening a shared service center (SSC) in Szeged, where the company is...

Retail

Canceled CBA franchise holder files for liquidation

Retail store operator Palóc Nagykereskedelmi, which announced last week that Hungarian-owned retail chain CBA had canceled its franchise contract for...

Retail

MÁV to keep, attract staff through wage hike

Hungarian state-owned railway company MÁV is reported to be about to raise wages in order to reduce the number of...

Retail

CBA cancels franchise agreement for 80 stores

Hungarian-owned retail chain CBA is ending its franchise contract with wholesale firm Palóc Nagykereskedelmi, which has been operating 80 CBA...

Retail

Coincasa reported eyeing Hungarian markets

Italy-based furniture retailer Coincasa is reported to be eyeing an entry into the Hungarian market, chiefly in cities with more...

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...