Portugal news & analysis

28 February 2020
Jerónimo Martins has announced plans to expand into three new countries with two of its banners: Biedronka and Hebe. Biedronka is anticipating entering Romania and Hebe is planning to enter Czech Republic and Slovakia, with the latter’s expansion planned for late 2020. The group claims it will invest €750m to reinforce its 2019 activity. Pingo Doce’s short term investment plans Portugal-bas...
24 February 2020
Sonae MC has announced it achieved a record turnover, with sales increasing by 9.2% to €4.7bn in 2019. This performance was aided by like-for-like (LFL) sales growth of 3%. Positive 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 €1.65 bn, a growt...
07 February 2020
Continente has introduced a plastic free area in one of its supermarkets, as part of an initiative to reduce single-use plastic. Meanwhile, Auchan Portugal has partnered with ‘Too Good To Go’ as it looks to reduce its food waste. Separately, more than 50 Portuguese organisations have signed a commitment to reduce single use plastic packaging. Continente launches first plastic free area S...
22 January 2020
Jerónimo Martins has announced its preliminary sales results for 2019. The retailer revealed positive results across all countries where it operates; Colombia, Poland and Portugal. The retailer claims its strong preliminary sales growth provided it with the confidence to continue to drive forward and invest in 2020. Positive preliminary results Jerónimo Martins’ consolidated sales grew to €...
20 December 2019
France-based Auchan has launched a new hypermarket in Paco de Arcos. Additionally, over 250 new stores were opened in Portugal from 2018 to 2019. Auchan invests €16m in new hypermarket Auchan has announced it invested €16m into its 6,000 sq. m hypermarket in Paco de Arcos. The retailer claims it has introduced several innovative features. Shoppers have the option to eat in, with a cafeteria...
02 December 2019
Intermaché has begun testing a new technology for its supply chain operations and is investing in an exclusive private label range. Spain-based Mercadona is accelerating its expansion strategy in Portugal, announcing it is opening a further four stores. Meanwhile, Continente has developed an efficient payment feature on its app. Intermarché test new supply chain solutions Intermarché is pla...
28 November 2019
As Auchan continues to evolve its strategy, we round up news from the retailer. Auchan appoints new managing director in Russia Auchan has appointed Johannes Tholey as managing director of Auchan Retail Russia. In recent role Tholey has been the managing director for Globus in Russia, from 2009 to 2016, and has been a board member of X5. Announcing the appointment, Auchan said it expects ‘ ...
18 November 2019
Portugal-based Sonae MC announced an increase of 8.8% in its turnover for Q3 2019 to €1,247m. Like-for-like (LFL) sales were up 2.4% in Q3 2019. Sales performance Luiz Moutinho Sonae’s CEO said the group was ‘ pleased with the results despite circumstantial market slowdown in the period ’ and highlighted the retailer outperformed the competition with its strategy to offer shoppers the best ...
08 November 2019
Spain-based discounter Grupo DIA has announced its Q3 2019 results. The results show negative sales and reported an operating loss of €356m and a net loss of €504m. Sales performance DIA announced its Q3 sales results saying overall sales declined by 7.4% to €5.1 bn and like-for-like (LFL) sales decreased by 8.1%. The group highlights the sales in Spain declined by 7.8% to €3 bn and LFL ...
28 October 2019
Jerónimo Martins has announced a positive sales performance for Q3 2019.   Positive Q3 results Jerónimo Martins’ consolidated sales increased by 8.7% with like-for-like (LFL) performance of 6.2%, in Q3 2019. Group net profit increased 3.5% to €302m, despite the impact of the additional Sunday closures in Poland. Net profit in Q3 2019 grew 8% compared to Q3 2018. Division performance J...