Portugal news & analysis

27 July 2017
DIA has released its H1 results, reporting that sales increased by 1.9% to €5.13bn excluding the effects of currency. Like-for-like sales increased by 4.3% excluding calendar and currency effects. Spanish sales in decline, performance driven by LATAM & Portugal Spain: Gross sales under banner declined by 3.6% to €2.84bn. DIA attributed this to a 'decrease in store selling area and negativ...
27 July 2017
Jerónimo Martins reported improved half-year sales turnover for 2017 at 9.4% year-on-year (constant exchange rate) and 6.9% in like-for-like sales to reach EUR 7.8bn. Improved performance is attributed to focus on footfall growth, sustained advertising spend, as well as product and private label expansion. Biedronka reports double-digit growth Biedronka reported a 10.8% year-on-year sales...
19 May 2017
Schwarz Group has reported net sales of EUR90.2 bn for the 2016 financial year which ended 28 February 2017, up 5.2%. Even though the Group reported slower growth than in the previous two years when its sales grew between 7% and 9% annually, we consider a 5.2% revenue growth as a strong performance. Lidl outperformed Kaufland in Germany Although Lidl does not publish its profit, ba...
12 May 2017
Marking its second acquisition of a health and wellness-oriented brand, Portugal-based Sonae has purchased the organic supermarket chain Brio. Sonae building scale in key, growing area Sonae’s purchase of Brio follows on from its acquisition of Go Well and will help provide it with another avenue to grow its sales within the health and wellness segment. Announcing the acquisition Sonae sa...
10 May 2017
Lidl is reconsidering key investment projects due to complexities and cost implications. Lidl reconsiders project investments due to complexities Lidl has been working on three large investment-heavy projects in the last year. It has been preparing market entry to the USA, it planned to invest in a convenience store concept 'Lidl Express' with click & collect in select stores in Germany...
19 April 2017
We bring you the latest developments from key grocery discount players in Europe. Aldi Sud, Germany: new pop-up bistro Aldi is launching a pop-up bistro this month in Cologne, Germany, to support its  Einfach ist Mehr (Simple is More) marketing campaign. The 90 sq m venue will be made up of eight upcycles shipping containers located in the Mediapark and will operate for three months, sea...
06 April 2017
As part of separate developments in France, Spain and Romania, Auchan sustains its recent pace of change and expansion of its proximity format MyAuchan. Auchan undertakes restructuring in France France-based trade publication LSA has reported that Auchan Retail France has undertaken an internal reorganisation as part of its single brand project. As part of the restructuring Emmanuel Zeller ...
23 March 2017
As Bon Preu and Coviran announce full year results, Mercadona and Grupo Uvesco discuss innovation, we round up news from Spain. Mercadona: Portugal is perfect place to test format After a long time discussing the potential internationalisation of its format, Mercadona finally announced it was to enter Portugal in Q2 2016. Discussing the first step outside Spain, its president, Juan Roig...
10 March 2017
France-based Auchan has announced full year results saying that consolidated revenue, excluding taxes, rose 0.7% at constant exchange rates to €52.8 bn. In organic terms, Auchan said sales rose 0.9%. The company said the results were ’solid’ and in line with expectations. During 2016 Auchan initiated its 2025 Vision as it builds its foundations for the future. Sales rose in 11 out of 14 coun...
10 March 2017
Spain-based DIA has announced that it is set to invest in its Market banner to improve the shopping experience. The retailer said that as part of this initiative it would be looking to widen the range of services it offers and adapt its range to meet the needs of shoppers’ daily needs. Updated design to upweights fresh focus DIA said that the new store design will continue to build on the i...