French retail group Les Mousquetaires has opened its first Intermarché hypermarket in the Algarve region, located in Lagos.
The store has a commercial surface of 2,500 square metres, but also includes an adjacent commercial gallery that, in total, makes a retail area of 4,000 square metres. The gallery includes a pharmacy, florist, take-away with sushi area, and a petrol station. The property also features a Fnac shop and a Burger King restaurant.
Two years ago, Intermarché announced a €200 million investment plan to open 63 stores by 2020.
Continente Expansion
Meanwhile, Portuguese retailer Sonae MC has invested €5 million to open a new Continente hypermarket in Asprela, located in the district of Porto.
The new store has a commercial area of 1,360 square metres and offers a range of products including local fresh produce.
The latest opening is part of the retailer’s plans to expand the Continente network that currently consists of 250 stores. The Asprela store is Continente’s 54th outlet in the district of Porto.
© 2017 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
