The Rise of Greedflation: How Corporate Profits are Driving Inflation in 2023

The Rise of Greedflation: How Corporate Profits are Driving Inflation in 2023

Greedflation is a term that will likely be on the tip of everyone’s tongue in 2023 as concerns continue to mount over businesses causing inflation by increasing their prices under the guise of other inflationary forces. While post-pandemic demand, supply shortages, energy market disruption, and issues with supply chains have played a role in rising … Read more

An e-shop is set to launch in the Czech Republic by Kaufland in mid-April, providing a variety of products from several vendors.

An e-shop is set to launch in the Czech Republic by Kaufland in mid-April, providing a variety of products from several vendors.

The online environment in the Czech Republic will grow again. The German shopping chain Kaufland will launch a so-called online marketplace here on April 12. The company made the announcement in a press release on Tuesday. However, the platform will not offer food, just as, for example, Lidl will sell items from the housing, electronics, … Read more

Rohlík: We are counting how much money Tesco deprived us of. We’re planning a lawsuit

Rohlík: We are counting how much money Tesco deprived us of.  We’re planning a lawsuit

You can also listen to the interview in the audio version. – Czechs are starting to save money and, for example, they are increasingly turning to cheaper private labels in food. The online retailer Rohlik.cz is also responding to this trend, which has significantly expanded its own brands and will continue this trend. – “Every … Read more

The chains continue to raise wages this year. Albert will add to his people for the second time in September

The chains continue to raise wages this year.  Albert will add to his people for the second time in September

The Albert ČR chain will increase the wages of employees in stores and distribution centers by an average of three percent from September. He will add them for the second time this year, improving by an average of four percent since January. It thus responds to the current economic situation and the sharp rise in … Read more

The Teska campaign is legally over the edge, say lawyers

The Teska campaign is legally over the edge, say lawyers

After Tesco decided to make a comparison purchase on its e-shop and on Rohlík, a passionate discussion about both online supermarkets and their advertising practices broke out on social networks. However, Rohlík objected to Teska’s massive advertising campaign and turned to lawyers and consumer protection authorities. “In our opinion, Tesco violates the rules of permitted … Read more

The Czech supermarket will give women more money for maternity leave! How much will it be?

The Czech supermarket will give women more money for maternity leave!  How much will it be?

Tesco, which operates over 200 supermarkets in the Czech Republic, has introduced new benefits for its employees. However, it affects women the most, the company will match their 100% wage during maternity leave. It will start this summer. This also applies to parents who adopt a child. “If parents are no longer entitled to maternity … Read more

New stores, goods and services. Chains in the Czech Republic are expanding. Great OVERVIEW

New stores, goods and services.  Chains in the Czech Republic are expanding.  Great OVERVIEW

The TN.cz editorial staff contacted a total of six large retail chains to find out what news they are preparing for Czech customers – Albert, Globus, Bill, Lidl, Kaufland and Tesco. Penny Market boasted of its plans. Tesco The chain plans to open new stores this year, specifically two that have a clear start date … Read more

Traders are ready for Monday’s opening, an onslaught awaits in their shoes

Traders are ready for Monday’s opening, an onslaught awaits in their shoes

Merchants who can resume operations on Monday are ready for customers to arrive. Often, they now used stores as outlets for online orders, so preparing an opening is not a big problem for them. In the first days, sellers of children’s shoes in particular are waiting for a more significant influx. The range of other … Read more

Tesco sets aside five shopping centers outside the company

Tesco sets aside five shopping centers outside the company

“The spin-off of shopping centers is connected with streamlining the administration and operation of this part of our company’s assets,” said Teska spokesman Václav Koukolíček without further details. Separation into a special company is usually part of the usual procedure for the sale of real estate. It is not the given center or other real … Read more