Portugal news & analysis

18 October 2018
Retailers continue to invest in private label, with recent enhancements across different tiers including entry level, premium, organic and ethical ranges. We round up six of the latest innovations across the region, featuring activity from Tesco, Coop Sverige, REMA 1000, Jumbo, Carrefour and Sonae MC. 1. Tesco unveils Jack’s private label range in new discount format Tesco has introduced ...
03 September 2018
Although the retailer said that costs generated by its on-going restructuring costs had hit profits, Auchan noted the positives in its first half results. It noted the establishment of the Horizon buying alliance, its expansion of its convenience format, the on-going reinvention of its customer experience and the digitisation of its operations more widely. Stable results point to better perfor...
03 September 2018
Spain-based Mercadona is expanding its meal solutions range in Spain, whilst having acquiring land in Portugal. Ready-to-eat products added in-store According to Expansión newspaper, Mercadona is testing a new range of fresh meal solutions in a Valencian store, before expansion into other locations in 2019. One million euros were invested to develop the range, supported by a new culinary la...
30 August 2018
Portugal-based Sonae said turnover at its grocery-focused division rose 7.2% in H1 2018, to €1.9bn. The retailer said the results were underpinned by strong like-for-like sales growth of 2.7% and supported by the ‘ continued expansion of the Continente Bom Dia network ’. H1 2018 growth underlines importance of long term strategy Sonae has put in place the foundations for the H1 results over...
15 August 2018
Spain-based DIA completes the deal to sell its Chinese businesses, whilst Carrefour and Pingo Doce introduce recycling initiatives into their stores. DIA completes the deal DIA’s agreement with NanjingSuning.com , part of the Chinese group Suning, began on April 3 2018 and has been announced as completed by the retailer. 100% of its entities will be transferred, marking DIA’s exit from...
01 August 2018
In August 2018, France-based retailer Intermarché is to open a new proximity store in Lisbon, Dinheiro Vivo reports. Speaking to the local publication, CEO Martinho Lopes said that the new format has been created to allow the retailer to expand into urban centres. Tailored to the urban shopper The new format will focus on urban consumers and meet the consumer need for greater convenience. T...
26 July 2018
In H1 2018, DIA announced gross sales of €4.6bn, an increase of 1.4% in local currency terms compared to H1 2017. On a global level, net sales fell by 10.3% to €3.8bn, affected by currency rates in relation to its operations in Latin America. Like-for-like sales increased by 1.8% globally and by 0.3% in Spain. Online sales increase Online sales in Spain in H1 2018 were €39m, a 48% increase ...
26 July 2018
In H1 2018 net sales increased 8.7% to reach €8.4bn (excluding f/x), with like-for-like sales up 4.1% compared to H1 2017. Net income was €180m, up 3.9% year-on-year. Positive outlook for all countries All banners increased their market share in the first half of the year, with private label development a highlight and focus for the group. Moving forward, the retailer’s priorities are sales...
19 June 2018
Portugal-based Sonae Group, which owns a range of grocery-oriented banners like Continente, has partnered with CTT, a postal service company, to propose a new ecommerce marketplace. The partnership The two companies will each be 50% shareholders and will initially invest €10m to €15m, divided equally. The marketplace will focus on SMEs and Portuguese brands, based on proximity to consumers....
31 May 2018
Lidl to invest €100m in Portugal 2018, whilst in Spain, Lidl furthers its sustainable programme by eliminating plastic bags. Investment in Portugal According to Hipersuper, Lidl Portugal will split its investment between opening new stores and remodelling exiting ones. €20m of the €100m will be spent on the modernisation of the Torres Novas warehouse. The warehouse will be extended by 10,00...