Retail - Portugal

Portugal's Sonae Launches €868m Takeover Of Finnish Pet Care Retailer Musti

A consortium led by Sonae, which owns Portugal's largest food retailer, has launched a tender offer on all the shares in Finnish pet care retailer Musti, i...

Portuguese Consumers Prefer Mercadona For Grocery Shopping, Study Finds

A study by the consumer association Deco Proteste found that Mercadona, El Corte Inglés/Supercor and My Auchan are the most popular supermarket chai...

Logista Group Opens First Cash & Carry Outlet In Portugal

Portugal's Midsid, a company that belongs to the Logista group, one of the largest logistics operators in Europe, has opened its first cash & carry out...

Continente Invests €35m In 16 New Proximity Stores

Portuguese supermarket chain Continente has announced the opening of 16 new proximity stores by the end of the year.

Sonae's MC Arm Sees Sales Up 9.6% In Third Quarter

Portuguese retailer MC, which operates the Continente brand, saw sales rise 9.6% in the third quarter of its financial year, or 8.7% on a like-for-like bas...

Mercadona Sees Sales Volume, Market Share Up In Spain

Mercadona is witnessing rapid growth in Spain, while the rest of the grocery sector is stagnating, the publication El Economista reported citing the latest...

Portugal's Galp Lifts Profit Target For Full Year

Portuguese energy company Galp Energia has lifted its operating profit target for the year, as a widening refining margin offset a decline in output follow...