Report: 85% support reopening stores on Sunday
In a poll conducted recently by online news portal origo.hu, 85% of the siteʼs readers said they support the reopening of stores on Sundays, but government friendly daily Magyar Idők reported today that the increase in payroll resulting from the Sunday reopenings may have to be passed on to the consumer in the form of higher prices.
Opposition Socialists have now been authorized to collect signatures for their proposed referendum to revoke the law that requires retailers to remain closed on Sundays. In the event that they collect 200,000 signatures, they can then proceed to the referendum stage.
If the referendum is successful, Sunday openings would be reinstated across the country. The additional workday, could also create new job openings, some of which were cut when the Sunday closings law was first introduced.
According to Csaba Bubenkó, president of the Independent Trade Union of Workers Commerce, however, the bigger payroll would cause at least a 10% increase in wage costs annually and chains could end up raising consumer prices to compensate for the increase, thereby passing additional costs onto the consumer, Hungarian daily Magyar Idők cited the union president.
Bubenkó told the daily that bigger chains are opposed to abolishing the Sunday closings law, however, it was reported earlier that it is precisely the big chains that have been most hurt by the Sunday closings legislation that came into effect in March of last year.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.