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Sales in Hungarian Retail Shops Up by 15.8%

D&T
Jun 3, 2022

In April 2022, the volume of sales in retail trade in Hungary increased by 15.7% according to raw data and by 15.8% when adjusted for calendar effects compared to the same period of the previous year, the Central Statistical Office reports. In April, calendar-adjusted sales volumes rose by 7.1% in specialized and non-specialized food shops, […]

An Auchan store in Hungary | auchan.hu

Auchan expands its services in Hungary

D&T
Apr 12, 2018

The French retail chain Auchan expands its services in Hungary, supporting multi-channel merchandise with online ordering stores. That was announced at Thursday's inauguration of a new store in Budapest by Auchan Hungary CEO Dominique Ducoux.

Spar hungary logistics center | spar.hu

Spar Hungary invests billions in development

D&T
Apr 12, 2018

Spar Hungary is investing HUF 23 billion this year in development and has already spent more than HUF 2.1 billion this year in its modernization program, the company told the Hungarian news agency MTI this Thursday.

   

| Pixabay.com

Lidl takes over CBA stores in Hungary

D&T
Dec 13, 2017

Businessman László Baldauf, the founder of the CBA retail store chain in Hungary, has confirmed to the news agency 'Független Hírügynökség' that seven CBA stores (two of them in Budapest) would be taken over by the German retailer Lidl.

Shopping | 123RF.com

Retail sales growth trend continues

D&T
Jul 25, 2017

According to a report by the Hungarian Ministry for National Economy, the volume of retail sales grew dynamically, by 6% year-on-year, in the month of May 2017. Thus, the sector has been expanding for 47 months in a row.

| fornetti.hu

New exhibition bakery in Budapest

D&T
Jul 11, 2017

Fornetti has opened its FFB (Fornetti Food and Beverage) exhibition bakery at rhe Octogon in Budapest. The new store has a self-service system and will be an important part of international expansion in the future, the daily Világgazdaság writes.

| 123RF.com

Hungary's e-tail sector shifts into higher gear

D&T
Jun 20, 2017

Hungary’s online retail trade closed an excellent year in 2016. According to a report by eNET, Hungarian webshops generated HUF 427 billion (about EUR 1.39 billion) in turnover, more than 5% of the total national retail trade volume.

New Praktiker store opens in Hungary | KRQ Communications

Praktiker opens 20th store in Hungary

D&T
Oct 6, 2016

Home improvement and do-it-yourself goods hypermarket chain Praktiker has opened its 20th - and the largest - store in Hungary. The 12,000-square-meter facility, secured with a long-term rent contract, has been built in the place of a similar store.

The Klauzál square market hall in Budapest | Spar Hungary

Hungarian retailers recover from shopping ban

D&T
Aug 4, 2016

The Sunday turnover of the biggest retail chains in Hungary has recovered to the level from before the implementation of the Sunday shopping ban only by now - after about four months, the financial website portfolio.hu reports.

SPAR Hungary management at the anniversary press conference | Sándor Laczkó

SPAR: 25 years in Hungary

D&T
Mar 2, 2016

The SPAR supermarket chain has been present in Hungary for 25 years. Austria SPAR International AG purchased a Hungarian chain of stores in 1991. The national network is now of 32 hypermarkets, 349 supermarkets and 75 franchise stores.

Market hall with supermarket in Budapest | Dávid Harangozó

New EU infringement procedure against Hungary

D&T
Feb 26, 2016

The European Commission has opened infringement proceedings against Hungary over the ban on loss-making in the retail sector, in the form of a Formal Notice, arguing that it may restrict the freedom of establishment for businesses.

The first hypermarket in Hungary: Interspar in Gyõr in 1995 | Spar Magyarország

First hypermarket in Hungary celebrates 20 years

D&T
Sep 3, 2015

In 1995, SPAR established a new category of commercial outlet in Hungary by opening its first Interpar hypermarket in the country. 20 years ago, it was great novelty here to have a shopping center with department store, bank, travel agency and restaurant.

BauMax store in Gyõr

BauMax exits Hungary

D&T
Jan 22, 2015

Austrian home improvement center operator bauMax AG has announced its exit from Hungary. The decision, which follows "due consideration", was made due to difficult economic conditions in this country, the company’s management said on Wednesday.

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