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Supermarket chain Auchan plans to start opening smaller shops in Hungary from 2027 with the aim of tripling sales by 2032, Auchan Magyarorszag said on Thursday.
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The government will extend the profit margin caps on a range of basic foodstuffs for retailers, which were set to expire at the end of February, until the end of May, the Economy Ministry announced after the January inflation data was released.
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Ikea has recalled certain Nymåne wall and reading lamps after identifying a potential electric shock hazard caused by a manufacturing defect, the furniture retailer said.
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Wolt has developed a comprehensive action plan with the Ministry for National Economy aimed at promoting responsible operations in the domestic local commerce sector, the company said in a statement.
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Retail sales in Hungary rose 4.0pc year-on-year in December, data released by the Central Statistics Office (KSH) show.
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Sales in Hungary of Swedish home furnishings giant IKEA rose 4.4pc to HUF 144bn in its business year ended August 31, IKEA Magyarország said.
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