Retail - Mercadona

Mercadona To Invest €1.8bn In 2020 As Part Of Transformation Plan

Spanish supermarket giant Mercadona has announced that it is to invest €1.8 billion this year to execute its transformation plan. The funds will be...

Coviran Expands Presence In Portugal

Spanish cooperative Coviran opened four new supermarkets in Portugal between September and December 2019, giving it a year-end total of 283 outlets in the...

Aldi, Covirán Expand Presence in Portugal

Retailers Aldi and Covirán are expanding their presence in the Portuguese market, according to reports. Speaking to daily Jornal Económico...

Portuguese Rivals Beat Mercadona in Pricing, Study Finds

While Mercadona recently arrived in Portugal to much fanfare, the retailer still has much to do to compete on pricing, a new study by the Portuguese Associ...

Rivals React To Mercadona's Arrival in Portugal

Spanish supermarket chain Mercadona opened its first stores in Portugal at the start of July, with the retailer seeking to challenge the dominance of local...

Lidl Portugal Contributed Over €2bn To Portuguese Economy In 2018

Lidl Portugal contributed an estimated €2.1 billion towards the Portuguese economy in 2018, which corresponds to 1% of the country's GDP, according to...

Mercadona To Launch Portuguese Operations In July

Spanish supermarket chain Mercadona is set to enter the Portuguese market in July of this year. The first store will open in Vila Nova da Gaia on 2 July...

Portuguese Retail Sales See 3.4% Growth In 2018: APED

The Portuguese retail sector saw a 3.4% growth in sales in 2018, to €20.9 billion, according to the Portuguese Association of Distribution Companies (...