JYSK has opened new stores in Solymar and Mór, bringing the home furnishing chain's total number of stores in Hungary to 94, the company informed MTI on Thursday. The chain is continuing to expand, with plans to open two more JYSK stores by the end of the year, one in the capital and one in […]
Aldi made a big step in the ranking of Hungarian retail chains last year and managed to lure many customers away from other discounters besides hypermarkets and supermarkets, portfolio.hu financial portal reports. The price freeze was a big loss for them as well, but they are continuing to develop their domestic operations and are also […]
The ‘Lidl for Hungarian Suppliers’ program has been successful, the supermarket chain informed Portfolio. The essence of the program is to distribute food products of Hungarian manufacturers and suppliers in foreign supermarkets. As published on portfolio.hu, Hungarian dairy producers sold milk and dairy products worth nearly HUF 16 billion in the chain's foreign stores in […]
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 […]
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, […]
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 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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
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. […]
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 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 […]
