Retail - Portugal

Jerónimo Martins Invests €93 Million In Bonus Scheme

Jerónimo Martins has announced plans to invest around €93 million in an 'extraordinary bonus' scheme for 90,000 of its employees in Portugal, P...

Action Sees Like-For-Like Sales Up 16.3% In Full Year

Non-food discounter Action has reported a 16.7% increase in like-for-like sales in its 2023 financial year.

Pingo Doce Set To Add 50 In-Store Restaurants

Pingo Doce, part of the Jerónimo Martins group, is expanding its foodservice offering as it seeks to achieve a point of difference in the increasing...

Mercadona Posts Double-Digit Sales Growth In FY 2023

Spanish retailer Mercadona has reported a 15% increase in sales, to €35.5 billion, in its 2023 financial year.

Inflation Shrinks Shopping Cart Sizes in Portugal

Portuguese shoppers are making more frequent trips to the supermarket but buying less each time they do so.

Les Mousquetaires Reports 10% Growth In Turnover In FY 2023

Groupement Les Mousquetaires has seen a 10% growth in turnover, excluding fuel, to €39.9 billion in its financial year 2023.

Spain’s Dia Reports ‘Strong’ Performance In FY 2023 With Profitability Growth

Spanish grocery retailer Dia's proximity strategy proved successful in its financial year 2023, with the retailer generating 'strong results' despite a cha...

Dutch Discount Retailer Enters Portugal, Eyes Further Expansion

Dutch discount retailer Action has opened its first store in Portugal, in Vila Nova de Gaia, with three more openings planned in the north of the country l...