Retail

Retail

EU projects boost Leier’s revenue

Revenue of the Hungarian unit of Austrian building materials maker Leier rose to HUF 20 bln last year from HUF...

Retail

Hungarian EU Edge develops for U.S. FreshDirect

Budapest-based software developer EU Edge has finished a development project to standardize the trading system, by giving a uniform visual...

Retail

Hungarian startup KwaliTools acquired by VisionLive

Hungarian startup KwaliTools, which was created to capitalize on online opportunities in the market research sector, was acquired by online...

Retail

Avnet TS welcomes new regional communications chief

The Hungarian unit of U.S.-based Avnet Technology Solutions, a global leader in technology distribution, has seen the appointment of Tibor...

Retail

Yves Rocher sales climb 31% in Hungary

French cosmetics company Yves Rocher's revenue in Hungary rose 31% to HUF 2 bln last year, the local unit's sales...

Retail

IKEA finds workaround to Sunday closures

In an attempt to circumvent the new legislation forcing shops to close on Sundays, Swedish furniture retailer IKEA has found...

Retail

Baumax to become XXXLutz furniture stores in Hungary

Austrian-owned XXXLutz will start transforming the Hungarian stores of do-it-yourself chain Baumax into furniture shops after a deadline for taking...

Retail

Hungarian Praktiker acquired by Swiss investor Papag

Switzerland-based Papag AG is scheduled to take over the chain of Praktiker D.I.Y. shops in Hungary from the German do-it-yourself...

Retail

Auchan, Spar: Further store closures possible

The dramatic increase of the grocery store supervisory fee has forced Spar to plan cutbacks in all areas, the international...

Retail

Tesco to pay higher severance than required

The Hungarian unit of UK retailer Tesco will provide the 564 workers it is laying off with higher severance pay...

Retail

Erzsébet vouchers’ turnover reaches HUF 141 bln in 2014

Turnover of Erzsébet food vouchers exceeded HUF 141 bln last year, up from HUF 127.6 bln in 2013 and HUF...

Retail

Report: Tesco considers layoffs, closure of some Hungarian units

Tesco is anticipating the layoff of 500-600 employees as a result of new legislation that has placed a heavy burden...

Retail

Five Hungarian startups to attend SXSW Interactive Festival 2015

Design Terminal, Hungary's national centre for creative industries, is sending five locally-based start-ups to the SXSW Interactive Festival 2015, an...

Retail

Sunday deliveries to be restricted

The National Economy Ministry said that not only will Sunday closures of shops be enforced as of March 15, but...

Retail

Thousands of Suzukis to be recalled

Thousands of Suzuki cars have been recalled by the Hungarian Suzuki factory in Esztergom, Hungarian online daily HVG reported late...

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...