Spanish cooperative Coviran opened five new supermarkets in Portugal since January, in the districts of Castelo Branco, Guarda and Porto.
Four of the stores were opened by retail partner Carlos Alfredo Calda, operating under the commercial name of Supermercado Volta do Celeiro.
Two of Calda's outlets are in Castelo Branco, of which one is in Proença-a-Nova, with a sales area of 100 square metres, and the other in Castelo Branco, with a sales area of 90 square metres. The other two stores are located in Guarda, one of them in the village of Vila Franca das Naves (110 square metres) and Manteigas (192 square metres).
The fifth new opening is operated by Susana Cristina Barbosa, who opened the second Coviran supermarket (100 square metres) under the Carina Barbosa Unipessoal banner in Penafiel, a district of Porto. She already operates a Coviran supermarket in Baltar near Porto.
Business Model
Coviran offers its members in Portugal a business model that allows them to manage each supermarket autonomously, under its cooperative model.
In a few years, Coviran has managed to snatch close to one percent (0.88%) share of the Portuguese retail market, rising to 2.55% in terms establishments less than 1,000 square meters.
The Spanish retailer and cooperative ended 2018 with 283 supermarkets throughout Portugal, and is present in its 18 regions, as well as the two autonomous island regions (Azores and Madeira).
In addition, the company has three distribution platforms, one in the north area (Vila do Conde), another in the south of the country (Algoz), and the last in Sintra-Lisbon, with 56,158 square metres, which also houses the Portuguese HQ of Coviran.
© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Branislav Pekic. Click subscribe to sign up to ESM: The European Supermarket Magazine
