Jerónimo Martins news

Portugal-based Jerónimo Martins has said consolidated sales rose 4.7%, in Euro terms and by 9.1% at constant exchange rates, to €6.96 bn, with its Poland-based Biedronka chain driving results. Strength at Biedronka, growth across all divisions Despite calling out Biedronka, Jerónimo Martins saw an improvement in performance across all its retail divisions. In Poland, total sales, in local c...

In this update, we look at what happened at retailers across the region in the second quarter of 2016, including market entries & investment plans, new store concepts, online & digital, new technology, efficiency drives and legislation affecting retail. MARKET ENTRIES & INVESTMENT PLANS Lidl • Lithuania – The retailer has entered its 27th market, with 15 stores across nine towns and ci...

In the second of our two part series, we look at how leading retailers are targeting convenience and proximity growth in Latin America.  Following our focus last week on leading supermarket retailers, this week we focus on the evolution and expansion of value-focused proximity formats. Value and proximity - the best of both worlds? Tougher economic times have made shoppers across Latin Am...

As Jerónimo Martins reveals a strong performance in its first quarter and its Recheio chain launches online, Continente expands its online presence and SPAR acquires 12 stores, we round up news from the country. Jerónimo Martins sustains positive growth in Q1 Jerónimo Martins reported its Q1 results saying consolidated sales rose 5.9%, in Euro terms, to €3.38 bn, with a good performance in...

In this update, we look at what happened at retailers across the region in the first quarter of 2016, including investment plans, online developments, merger & acquisition activity and changes at the top. INVESTMENT PLANS & NEW STORES Poland • Carrefour is to launch 150 new stores with a focus on the convenience channel and invest €61m in store modernisation in 2016. • Jerónimo ...

In this update, we look at what happened at retailers across the region in the first quarter of 2016, including results, expansion plans, new formats and restructuring. Good start to 2016 Grupo Éxito's growth accelerated, powered mainly by Colombia's positive economic environment. We look at how it plans to grow For Carrefour , like-for-like sales were up 9.9% in Brazil and ...

Jerónimo Martins has updated on expansion plans and strategy for its Colombian discount format, ara. 2016 begins a new cycle Having built up three years' worth of experience in Colombia, ara has developed a solid structure, supply chain and a good local supplier base willing to grow with the retailer. The first operating region is fully up to speed and it has entered a second. The prior...

Following on from the announcement of its 2015 full year results, Portugal-based Jerónimo Martins has set out its investment plans for the year ahead and how it is aiming to win in its home market, Poland and Colombia. Investment to be lower in 2016 than in recent years Despite the uncertainty of how the retail tax is set to be implemented in Poland, the continuing competitive nature of its...

As Jerónimo Martins is said to be investigating online opportunities for its Recheio banner, Intermarché says it is aiming to add 60 stores by 2020 and DIA launches a new fascia, ‘Minipreço Family’, we round up news from the market. Intermarché sets out expansion plans to 2020 Intermarché has set out plans to open 60 stores in Portugal by 2020, with 10 new hypermarkets set to be added in ...

Jerónimo Martins has established a joint venture in Poland for the production and import of Asian food. According to Polish media Jerónimo Martins plans to build a factory for ready meals to benefit from the popularity of ready meals and Asian food in Eastern Europe. Partnership with a Hong Kong based company It is reported that Jerónimo Martins and Vershold Solutions have submitted a ...