Retailers Start Black Friday Sales Early In Hungary

  • 16 Nov 2018 8:49 AM
  • Hungary Around the Clock
Retailers Start Black Friday Sales Early In Hungary
Hungarian online retailers are not waiting for the actual Black Friday date of November 23 to offer deep discounts, but are beginning to do so today, and in some cases have already started, retail news website Blokkk reports.

Black Friday is the first Friday after the Thanksgiving holiday in the US, where the custom began, and is considered to mark the start of the Christmas shopping season

Blokkk estimates that total online spending by Hungarians this month will reach Ft 58-60 billion, compared to Ft 46 billion in November of last year.

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Around the Clock

Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.

Explore More Reports

  • Black Friday Gaining Popularity In Hungary

    Black Friday Gaining Popularity In Hungary

    • 15 Oct 2018 7:32 AM

    International shopping craze Black Friday seems to be rapidly gaining popularity in Hungary, with around 90% of the population aware of its existence, according to a press release.

  • Online Sales In Hungary May Rise 20% In 2018

    Online Sales In Hungary May Rise 20% In 2018

    • 5 Oct 2018 6:44 AM

    Online sales in Hungary were up 23.6% year-on-year in the first six months and could reach Ft 440 billion this year, up 20% from 2017, according to CEO Balázs Várkonyi of online retailer Extreme Digital.

  • Christmas Remains Challenging In E-Tail Trade

    Christmas Remains Challenging In E-Tail Trade

    • 31 Jan 2018 8:40 AM

    The online retail (e-tail) sector was shaken by the Christmas period in 2016. Even in January 2017, online news was all about delayed deliveries as 900,000 Hungarian Internet users received their parcels late.

  • Extreme Digital To Launch Courier Service

    Extreme Digital To Launch Courier Service

    • 4 Jan 2018 7:48 AM

    With the continuous growth of online shopping, delivery is a growing challenge for online stores. Hungarian electronics webstore Extreme Digital has said it will start its own courier service this year to strengthen its position on the market.