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retailtrade

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Aldi Introduces Second Electric Truck in Hungary

D&T
Jul 14, 2023

Aldi Hungary has launched its second electric truck, which will serve stores in downtown Budapest with zero local emissions, the discount supermarket chain informed MTI on Friday. The statement highlighted that they have expanded their fleet with a Scania three-axle, 27-ton special refrigerated box truck. The new truck is powered not only by batteries, but […]

JYSK Opens its 2000th Renewed Store in Gödöllő

D&T
Jun 21, 2023

As part of its global renovation program, JYSK opened its 2,000th remodeled store in Gödöllő this Wednesday, and the home furnishing chain also opened its 92nd store in Hungary in Nagyatád. According to the company statement released on Wednesday, the Danish retail chain started one of the largest renovation programs in its history in 2021, […]

Sales in Hungarian Retail Shops Fell by 12.6%

D&T
Jun 6, 2023

In April 2023, the volume of sales in retail trade – along with a significant base effect - decreased by 13.6% according to raw data and by 12.6% when adjusted for calendar effects compared to the same period of the previous years. It is reported to be largest decrease in Europe. Calendar-adjusted sales volumes decreased […]

Spar Has Modernized Its Meat Plant in Perbál

D&T
Apr 26, 2023

Spar Hungary has upgraded its Perbál meat plant with an investment of more than HUF one billion, which together with the Bicske meat plant can claim one of the most modern food production sites in Central Europe, the supermarket chain informed MTI on Wednesday. In 2021 and 2022, as part of the HUF 1.1 billion […]

Spar's Turnover Up by Over 15% Last Year

D&T
Apr 19, 2023

The retail chain Spar Hungary achieved gross sales of HUF 915.7 billion in 2022, 15.6% more than in the previous year, the company's CEO, Gabriella Heiszler said at a press conference in Budapest on Wednesday. There was a minimal year-on-year decline in the volume of products sold last year, with a very strong first half […]

Drastic Fall in Retail Trade Volume in Hungary

D&T
Apr 6, 2023

In February 2023, the volume of retail trade in both raw and calendar-adjusted data was 10.1% lower than in the same month of the previous year, the Central Statistical Office reports. In February, calendar-adjusted sales volumes decreased by 8.6% in specialised and non-specialised food shops, by 9.8% in non-food retailing and by 14.5% in automotive […]

Sales in Hungarian Retail Shops Fell by 4.5%

D&T
Mar 6, 2023

All three major groups of shops – grocery, non-food and petrol – and even online sales fell in January this year in Hungary. The volume of sales in retail trade decreased by 3.9% according to raw data and by 4.5% when adjusted for calendar effects compared to the same period of the previous year, the […]

Striving to Curb Inflation One Step at a Time

D&T
Mar 1, 2023

As Hungarian shoppers tighten their belts to stave off the impact of incessantly increasing prices, retailers are also feeling the pinch. Spar Hungary, one of the country’s leading supermarket chains, is taking small, adaptive steps to shield their business and help consumers. Hungary is experiencing the biggest increases in food costs in the European Union. […]

Hungarians Spend Less and Less on Food Items

D&T
Feb 6, 2023

In December 2022, the volume of sales in retail trade decreased by 4.8% according to raw data and by 3.9% when adjusted for calendar effects compared to the same period of the previous year. In December, calendar-adjusted sales volumes decreased by 8.3% in specialised and non-specialised food shops and by 0.4% in non-food retailing and […]

Over 2,000 Retail Outlets Closed in Hungary in 6 Months

D&T
Dec 27, 2022

Many have warned that retail closures could intensify this year, most of which have been put off until the second half of the year due to worsening problems. However, the first half of the year has already seen some very negative numbers, with more than 2,000 retail outlets closing down, the financial website portfolio.hu writes. […]

Fuel Sales Help Hungarian Retail Trade Figures

D&T
Dec 5, 2022

In October 2022, the volume of retail trade in both raw and calendar-adjusted data was 0.6% higher than in the same month of the previous year in Hungary, the Central Statistical Office reports. Details reveal that that in October, calendar-adjusted sales volumes decreased by 5.6% in specialized and non-specialized food shops and by 0.9% in […]

JYSK's Turnover Up by almost 20% in Hungary

D&T
Nov 29, 2022

JYSK's sales revenue in Hungary increased by 19% to HUF 67.6 billion in the financial year from September 2021 to August 2022, while its EBIT for the whole company amounted to HUF 12.49 billion, an increase of 0.4%, the home furnishing chain informed the state news agency MTI on Tuesday. The turnover of the trading […]

Czech Online Drugstore Enters the Hungarian Market

D&T
Nov 13, 2022

Pilulka, the Czech Republic's largest online pharmacy, has launched operations in Hungary and will soon continue its expansion in Austria, the company has told the Hungarian state news agency MTI. Pilulka.hu aims to become Hungary's number one online drugstore, also accessible from mobile apps. According to the statement, the Czech online drug retail and mail […]

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