Retail - Jerónimo Martins

Jerónimo Martins' Profit Up As Inflation Boosts Sales, Outlook Uncertain

Jerónimo Martins has posted a 14% rise in third-quarter net profit, as soaring inflation drove sales higher, and the company warned of an...

Over 250 New Supermarkets Opened In Portugal In 2021

In 2021, 257 new supermarkets opened in Portugal, accounting for 3.8% growth in retail space, according to the latest report by Alimarket.

Portugal's Jerónimo Martins Profit Jumps, Buoyed By Refugees In Poland

Portugal's Jerónimo Martins reported a 35% jump in second-quarter net income, with strong sales in its key market Poland, supported by the consumpti...

Jerónimo Martins Announces Investment In Andfjord Salmon

Portugal-based retailer Jeronimo Martins has invested €16.8 million in the acquisition of 10.1% of Andfjord Salmon, a Norwegian company for sustainabl...

Jerónimo Martins Invests €55 Million In Employee Bonuses

Retailer Jerónimo Martins has announced an investment of €55 million in an 'extraordinary bonus', for its employees in Poland, Portugal and Co...

Jerónimo Martins Posts 52% Jump In Quarterly Profit

Portuguese retailer Jerónimo Martins has posted a 52% jump in first-quarter net income as its key market Poland led a rise in sales, but warned of u...

Jerónimo Martins Sees Q4 Profit Jump, Warns On Inflation

Portugal's second-largest retailer, Jeronimo Martins, reported a 49% jump in fourth-quarter net income as its key Polish market led a rise in consolidated...

Epic Partners Suspends Collaboration With Magnit

European retail alliance Epic Partners has decided not to conduct joint negotiations on behalf of Russian retailer Magnit in response to Moscow's invasion...