Retail - Portugal

Sonae’s MC Arm Reports H1 Turnover Growth Of 7.6%

Portuguese food retail group MC, part of Sonae SGPS, has reported turnover of €2.69 billion in the first half of its financial year, up 7.6% year-on-y...

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...

Portuguese Households Spend More, Buy Less As Inflation Bites

In the first six months of 2022, Portuguese households spent €220 million more in supermarkets compared to the same period a year earlier.

Lidl Portugal To Install Locky Lockers In 100 Stores

Locky, CTT Group's new locker company, and Lidl Portugal have established a partnership for the installation of 100 lockers in 100 of the retailer's stores...

Continente Joins Too Good To Go's Latest Initiative

Portuguese retailer Continente, part of the MC retail group, has joined food waste prevention app Too Good To Go's new initiative, 'Observar, Smeirar, Tava...

First Half Of 2022 A 'Turning Point' In DIA's Recovery, Retailer Says

The first half of 2022 marked a 'turning point' in the transformation of Spanish retailer DIA, the group said in a statement, as it reported a 8.5% increas...

Spain's Coviran Sees Sales Decline In Full-Year 2021

Spanish proximity retail cooperative Coviran closed its 2021 financial year with gross sales amounting to €1.64 billion, down 3.5% on the previous yea...