Jerónimo Martins news

16 November 2020
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...
09 November 2020
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...
31 July 2020
Jerónimo Martins revealed a mixed Q2 performance with an overall decrease in sales. Biedronka displayed a strong sales performance whereas, Ara’s expansion plans were impacted from the pandemic’s mandatory restrictions in Colombia.   Sales performance Jerónimo Martins’ consolidated sales decreased by 1.3% to €4.6bn with like-for-like (LFL) performance of -0.7%, in Q2 2020. Group EBITDA decr...
30 April 2020
We look at how retailers in Portugal are implementing measures to ensure everyone has access to products, as they respond to the coronavirus pandemic. Continente Sonae MC-owned Continente has announced it continues to support shoppers by improving its contingency plan. The group has improved its response capacity in all grocery stores and is increasing communication between all stakeholders...
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...
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 €...
17 January 2020
The Polish grocery market looks like having a healthy year to come for shoppers. This is likely to come at the expense of retailers in the country, who will have to face up to on-going challenges. Some retailers, like Tesco, continue to struggle to halt their declining sales, while Biedronka and Lidl outgrow the competition and gain further share in the market. These developments are occurring...
06 January 2020
Over the last decade the discount channel has seen exponential growth in Colombia. The channel is dominated by three retailers; D1, Ara (owned by Portugal-based Jerónimo Martins) and Justo & Bueno. Together the three retailers operate over 2,800 stores. In recent years the channel has become increasingly competitive as Ara and Justo & Bueno have quickened the pace of their openings. Combined...
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...
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...