Retail - Portugal

Covirán Appoints Esteban Gutiérrez Lizancos As Director General

Spanish retail cooperative Covirán has appointed Esteban Gutiérrez Lizancos as its new general director.

Dia To Exit Portugal, Sells Business To Auchan Retail

Spanish retailer Dia Group has announced it has reached agreement with Auchan Retail over the sale of its business in Portugal, for €155 million.

Savills IM Acquires Two Aldi Supermarket Properties In Spain

Real estate investment manager Savills IM has acquired two new properties housing Aldi supermarkets in Spain for an undisclosed price.

Sonae Sees Consolidated Turnover Up 12% In First Half

Sonae has reported a 12% year-on-year increase in consolidated turnover to over €3.8 billion in the first half of its financial year.

Jerónimo Martins Sees H1 Profit Rise 36%, Inflation Dents Margins

Portuguese retailer Jerónimo Martins reported a 36% increase in first-half net profit as high inflation boosted sales, especially in Poland where it...

Continente’s Ondina Afonso On How Producers Can Embrace Sustainability

ESM met Ondina Afonso, the president of the Continente Producers Club, to discuss the group's recent ESG efforts.

Lidl Portugal Accounts For 1.9% Of Country's EU Food Exports

Food exports from Lidl Portugal accounted for 1.9% of the country's total food exports to the European Union in 2022, according to the latest data from a s...