Retail - Portugal

Pedro Subtil Named New Chairman of Grupo Os Mosqueteiros

Pedro Subtil has been named the new chairman of the board of directors of Grupo Os Mosqueteiros, the Portuguese unit of French distribution group Les Mousq...

Portuguese Spent €800m More On Groceries Due To Price Hikes

In the first ten months of 2022, Portuguese consumers spent €9.8 billion in supermarkets and hypermarkets, or almost €800 million more than in th...

Portugal Approves Windfall Tax On Food Retailers, Energy Firms

Portugal's parliament has approved a 33% tax on the windfall profits that energy companies and food retailers may be bringing in with inflation at a near t...

Lidl Portugal Opens First University Campus Store

Lidl Portugal has opened its first store on a university campus as part of a commitment to redevelop the building and opening the campus to the community.

Union Investment Acquires Continente Colombo Hypermarket In Lisbon

German fund Union Investment has acquired the Continente Colombo hypermarket, operated by food retailer Sonae MC in Lisbon, Portugal, for an undisclosed su...

Sonae's MC Arm Reports 16% Increase In Sales In Third Quarter

Portuguese conglomerate Sonae's MC business, which includes its supermarket and hypermarket operations, reported a 16% increase in sales in the third quart...

Continente's 'Plug&Charge' Service Sees 70% Growth In Customer Numbers In 2022

Continente's electric vehicle charging service Plug&Charge registered a 70% increase in customer numbers, exceeding 11,000 users, and a 105% increase i...

Online Shopping In Portugal Drops To Pre-Pandemic Levels

The percentage of Portuguese consumers who shop online has dropped back to 2019 levels as a result of the return to physical stores, a new study has found.