Portugal news & analysis

Jerónimo Martins has announced its FY2022 premlinary results, revealing a positive performance across all countries where it operates, Colombia, Poland, and Portugal. Positive sales growth Jerónimo Martins saw sales grow 21.5% to €25.4 bn in 2022, with like-for-like (LFL) sales rising 19.6%. The retailer revealed the positive results as the group continued to invest in price, of which gave sh...

We recently visited Lisbon to explore what the city has to offer and understand how retailers are evolving to help build shopper confidence, as inflation and the cost-of-living continues uncertainty. In this article, we highlight three must visit stores and explain why you need to see them. 1. Continente Labs, R. Dona Filipa de Vilhena 2, 1000-135 Lisboa Sonae MC launched its first check...

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...

Jerónimo Martins has announced its Q3 2022 results, revealing a strong sales performance across all countries where it operates, Colombia, Poland, and Portugal. The groups consolidated sales for nine months (9M) increased by 21% to €18,392m compared to the same period in 2021. Overall sales performance Jerónimo Martins’ Q3 consolidated sales increased by 22.7% to €6.5 bn compared to Q3 2021...

Auchan Portugal has unveiled its new loyalty scheme: Clube Auchan. The scheme offers a tiered loyalty hierarchy, with shoppers able to progress from ‘Fan’ to ‘Super Fan’ and ‘Hyper Fan’, with each tier offering improved benefits. The scheme provides exclusive promotions for members, such as daily deals, weekly discounts, coupons and vouchers and discounts on private label items. The private la...

ELO, previously known as Auchan Holding, reported H1 revenue grew by 6.3%, with current operating profits growing by 24%. Auchan Retail reported an increase in turnover by 6.2% to €15,380m in H1 2022, compared to the same period in 2021.   Auchan Retail claimed EBITDA decreased by 21% to €440m in H1 2022, revealing Auchan France contributed majority of this fall, as a direct results of business...

As our ShopperVista Quarterly channel trends report shows sustained usage for the variety discount channel, with increasing usage from AB shoppers, we round up key developments for Poundland. Poundland to open further new stores in 2022… Poundland will open or relocate 25 stores in the UK before the end of 2022, with 10 to be opened by the end of September and the remainder before the e...

Intermarché, part of the Os Mosqueteiros group, has invested in store growth and is expanding its private label range in Portugal. New stores with a fresh feel Since the start of the year, six new stores have opened in Portugal under the Intermarché banner. This includes the renovation of its largest store in Abrantes. The new stores are strategically positioned to expand its customer base....

Jerónimo Martins has announced its H1 2022 results, revealing a strong sales performance across all countries where it operates, Colombia, Poland, and Portugal. Sales performance Jerónimo Martins’ Q2 consolidated sales increased by 24.5% to €6.4 bn compared to Q2 2021. The groups consolidated H1 2022 sales reached €11.9 bn an increase of 20%, compared to H1 2021. Group EBITDA increased by 19....

In a month where Lidl announced opening its 12,000 th store worldwide, we look at five recent developments that help make its growth environmentally sustainable. 1. Lockers support online retailers reduce carbon footprint Lidl France has partnered with Mondial Relay to roll-out customer collection lockers at stores. The first lockers at a Lidl store, and 1,000 th for Mondial Relay, opened...