Sonae MC news

14 November 2022
Portugal-based Sonae MC announced its total turnover for Q3 2022 reached €1,599m, an increase of 16% compared to the same period in 2021. The group’s like-for-like (LFL) sales grew by 13.3%. Sales performance Sonae MC revealed its strong investment to its prices underpinned its strong growth for Q3 2022, as well as adjusting to shopper demands to provide a range of affordable and high-quali...
24 May 2022
Sonae MC announced its total turnover for Q1 2022 reached €1,294m, an increase of 3.8% compared to 2021 and like-for like (LFL) sales grew by 2.2%. Sales performance Sonae announced its sales growth highlighting a strong performance particularly in its new growth businesses, reaching €234m an increase of 21.9%. The performance was driven by foodservice and health, wellness and beauty format...
22 February 2022
Sonae MC announced its positive turnover in 2021, with sales increasing by 6.3% to €5.36 bn. Its performance was aided by like-for-like (LFL) sales growth of 3.4%. Sonae MC sales performance Sonae announced its sales growth highlighting a strong performance across all its channels, hypermarkets, supermarkets, and new growth businesses. Hypermarkets’ sales grew to €1.8 bn, a growth of 2.4...
29 July 2021
Continente is expanding its partnership with Uber Eats, while Mercadona continues to grow its presence in the market. Separately, Pingo Doce has extended to its private labels with the launch of an active lifestyle range. Continente expands alliance with Uber Eats Sonae MC-owned Continente has expanded its partnership with Uber Eats, offering shoppers access to take-away meals from over 40 Co...
06 July 2021
Market leader Sonae plans to expand its Meu Super banner in 2021, while Aldi has introduced its first proximity store and Mercadona set out €400m investment plans to expand its presence in Portugal. Separately, Aqui é Fresco announced its sales grew to €437m in 2020, an increase of 12% compared to 2019. Sonae MC to expand Meu Super’s presence Sonae MC is to expand its Meu Super banner in Po...
23 June 2021
Spain-based buying alliance Grupo IFA, which includes members in its home market, Portugal, and Italy, has announced its consolidated turnover reached €32.2 bn in 2020, a rise of 21.8% on 2019’s figure. Strong growth seen across southern Europe markets Grupo IFA’s members in Spain, in conjunction with Portugal-based Sonae MC and Italy’s Gruppo VéGé together operated a total retail sales are...
09 March 2021
Continente has expanded its private label range, adding healthy snacks and cleaning products. Meanwhile, Mercadona plans to launch nine new stores in the country during 2021, while DIA is to close 71 Clarel stores by the end of Q1 as it looks to focus on food retailing. Continente expands its private label offer Sonae MC-owned Continente has expanded its private label range, offering health...
04 January 2021
Portugal-based Continente plans to remove microplastics from its MYLabel range. Mercadona continues to tackle its sustainability goals, this time focusing on reducing emissions. Meanwhile, Garnier launched plastic free shampoo bars and Auchan Portugal partnered with MyCloma to reduce textile waste.   Continente set to eliminate microplastic Continente its set to eliminate microplastics from...
18 November 2020
Portugal-based Sonae MC announced a strong Q3 performance. Consolidated sales grew by 7.4% to €1.3 bn in Q3 2020, with like-for-like (LFL) sales increasing by 4.8%. The retailer sustained good momentum with its online channel during the COVID-19 pandemic and improved its market leadership in the food retail sector in Portugal. Sales performance Sonae MC revealed its hypermarkets grew sales ...
16 November 2020
Sonae MC revealed it plans to tackle food waste, by launching the LIFEFood Cycle project, a digital management platform. Meanwhile, Pingo Doce prepares to launch Juliana, a new private label brand. Separately, Mercadona opened its 17 th supermarket and claims it is set to reach a total of 20 stores by the end of 2020.    Sonae MC continues to combat waste Sonae MC plans to develop a digita...