Portugal news & analysis

Spain-based discounter DIA has revealed its Q4 2020 results, which showed total group sales of €1.7 bn and an increase in like-for-like (LFL) sales of 6.9%. The results were particularly positive given DIA’s store numbers fell by 457, with the retailer ending Q4 2020 with a total of 6,169.  Division sales performance DIA Spain’s sales increased by 9%, to €1.14 bn, while LFL sales grew by 10...

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...

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 ...

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...

Jerónimo Martins posted a resilient performance during the third quarter as it announced its results. The retailer said its third quarter saw some return to a new normality, which it underpinned with strict cost control. Biedronka continued to perform well in Poland, showing its flexibility since the beginning of COVID-19.  Sales performance Jerónimo Martins’s consolidated sales, in Q3 2020...

As Metro Group expands in India and acquires a business in Portugal, we round up news from the cash and carry company. Metro acquires business in Portugal In Portugal, Metro has acquired the Aviludo Group, which it describes as the second largest food service distribution company in the country. Aviludo generated sales worth €152m in 2019 and services more than 13,500 HoReCa clients nationw...

As Auchan looks to roll out more Pedestrian Drives in France and its operation in Poland grows its revenues, we round up news from the retailer. Auchan plans large-scale roll out of Pedestrian Drives As it looks to first catch up and then overtake its competitors, as part of its digitalisation drive in its 2022 transformation plan, Auchan has committed to opening 300 pedestrian Drives in 20...

In recent years Aldi Nord’s group sales have grown at around 2%, one of the slowest rates in the discount channel globally. The AniKo concept, launched in 2016, was expected to drive a recovery in growth and has required billions to be invested to upgrade the store network. However, the slow pace to add new and more varied products to the assortment, the growing competition and pricing pressures ...

As it looks to build on the positive performance in H1, Auchan has rolled out programmes across its operations in Europe as it embeds its Renaissance initiative and focuses on its Auchan 2022 strategy. Auchan extends partnership with OMV Petrom Auchan and OMV Petrom have announced an extension to their partnership, which will see the addition of further MyAuchan convenience stores on the la...

Auchan has released first half results which it says show a ‘ significant improvement in profitability ’, which has been helped by the implementation of its Renaissance initiative. The retailer reported that while total sales fell by 1.8%, group EBITDA increased by 14.9%, with its EBITDA margin reaching 5.6%. Revenue growth seen in most markets Auchan reported revenue fell by 1.8%, at curre...