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Automated Container Store Developed by Kende Gastro

D&T
May 16, 2022

Kende Gastro Plc. has unveiled Hungary's first automated container store using artificial intelligence; the company is the exclusive European distributor of the technology and plans to expand to neighboring countries, Gábor Kende, founder and CFO of the company, told the state news agency MTI. The automated stores do not require staff, including cashiers, and use […]

Sales in Retail Shops Up by 5.7%

D&T
Dec 4, 2021

In October 2021, the volume of retail trade in both raw and calendar-adjusted data was 5.7% higher in Hungary than in the same month of the previous year, the country's Central Statistical Office reports. In October, calendar-adjusted sales volumes rose by 3.4% in specialised and non-specialised food shops, by 6.3% in non-food retailing and, as […]

A Lot of Shops Have Disappeared in Hungary

D&T
Oct 2, 2021

Over the past five years, 18,000 shops have closed in Hungary, leaving a retail network of 116,000 shops at the end of last year. And there are huge differences in daily spending across the country, the business news site napi.hu reports. The number of retail outlets including tobacco shops has decreased significantly in recent years, […]

Sales in Hungarian Retail Shops Up by 10.6%

D&T
Jun 4, 2021

In April 2021, the volume of retail trade increased by 9.9% in raw data and by 10.6% in calendar-adjusted data, compared with the same period of the previous year, as a result of the gradual lifting of restrictions from mid-month, and the low point in April last year. In April, calendar-adjusted sales volumes rose by […]

Changing Consumer Habits in Hungary

D&T
Feb 28, 2021

As a result of the coronavirus epidemic, consumer habits have changed and the composition of the consumer basket has also changed, according to a new survey. A research conducted by Mónika Garai-Fodor, Dean of the Károly Keleti Faculty of Economics at the University of Óbuda and Ágnes Csiszárik-Kocsir, Deputy Dean for Research shows that the […]

Retail Sales Down Year-on-Year in Hungary

D&T
Nov 5, 2020

In September 2020, the volume of sales in retail shops decreased by 1.6% according to raw data and by 2.0% when adjusted for calendar effects compared to the same period of the previous year.  Providing the details, a fresh report by the Central Statistical Office says that the volume of sales, adjusted for calendar effects, […]

Trade Union Calls for Shorter Shop Opening Hours

D&T
Nov 12, 2019

The Independent Trade Union of Retail Workers (KDFSZ) has called on Budapest Mayor Gergely Karácsony to put forward a proposal limiting Sunday shop opening hours in Budapest, daily Magyar Nemzet reported. The trade union wants supermarkets with a floor area exceeding 400 square meters to be open only until 2 pm on the last day […]

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