MC Sonae

Slate Asset Management Acquires Portuguese Grocery Portfolio

Canada-based real asset investor Slate Asset Management has acquired a portfolio of 12 grocery properties in Portugal, adding a new market to its real esta...

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.

Continente Eliminates Plastic Lids From Liquid Yoghurt SKUs

Portuguese retail chain Continente, a part of MC Sonae, has eliminated plastic lids from own-brand liquid yoghurts.

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.

MC Sonae Reports 13% Revenue Growth In First Quarter

Portuguese food retailer MC Sonae said that turnover in the first quarter of its financial year totalled €1.5 billion, up 13.5% year-on-year and 11.8%...

Lidl Leads Portuguese Retail Growth In 2022

Retailers Sonae and Jerónimo Martins ended 2022 as the biggest players in Portgual's grocery sector, although Lidl saw the highest growth, new data...

Portugal Seeking To Decarbonise Retail Distribution Sector By 2040

The Portuguese Association of Distribution Companies (APED) has drawn up a roadmap with the goal of decarbonising the retail distribution sector by 2040.

Portugal’s Continente Introduces ‘Geek’ Corners To Stores

Portuguese retailer Continente has signed an exclusive partnership with Belgian company Road Sixty Geek to introduce ‘geek’ corners in 20 Conti...

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Over 250 New Supermarkets Opened In Portugal In 2021

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