Ara

Jerónimo Martins' Second-Quarter Profit Falls 28% On Lower Margins

Jerónimo Martins posted a larger-than-expected 28% drop in second-quarter net profit, as a decline in margins from food price deflation offset...

Jerónimo Martins' First-Quarter Profit Falls 31% As Margins Squeezed

Jerónimo Martins has reported a bigger than expected drop in first-quarter net profit as a hit to its margins from food price deflation more than of...

Jerónimo Martins' Profit Rises, Food Deflation A Challenge

Jerónimo Martins has posted a 16% jump in fourth-quarter net profit, driven by a sales increase at its Polish market-leading chain, Biedronka,...

Jerónimo Martins' 2023 Sales Hit Record Over €30bn

Portuguese retailer Jerónimo Martins has posted a 21% jump in full-year sales, driven by a robust increase at its market-leading Polish chain,...

Supermarket Chain Jerónimo Martins Aims To Open In Slovakia Next Year

Portuguese supermarket group Jerónimo Martins expects to open its first stores in Slovakia at the end of next year in an expansion of its Polish cha...

Jerónimo Martins Sees Profit Up 33% In First Nine Months

Portugal’s Jerónimo Martins Group saw its profits soar 33% to €558 million in the first nine months of 2023, driven by strong sales growt...

Jerónimo Martins Announces Expansion Plan For Ara In Colombia

Portuguese retail group Jerónimo Martins is aiming to have 1,300 stores of the Ara supermarket chain in Colombia by the end of 2023, up from 1,093 l...