Pingo Doce

Jerónimo Martins Posts 11% Sales Increase, But Profits Decline

Portuguese retailer Jerónimo Martins has ended the first nine months of 2017 with a net profit of €285 million, down 43% year-on-year.&nbs...

Croatia's Ledo Commences Supply Deal With Pingo Doce

Croatian ice cream producer Ledo has commenced exporting products to Portugal. The company's first delivery contract has been signed with leading Portug...

Jerónimo Martins Posts 11.4% Sales Increase In H1 2017

Portuguese retail group Jerónimo Martins has announced that consolidated sales increased by 11.4% to €7.8 billion during the first six months o...

Portuguese Competition Authority Investigates Retail Sector

Portugal’s competition authority, Autoridade da Concorrência (AdC), has carried out searches at 20 grocery retail companies and producers as pa...

Jumbo Named Cheapest Supermarket In Portugal

Jumbo has been named the cheapest supermarket in Portugal for 2017, according to national consumers association Proteste-Deco. After being dethroned las...

Continente Named 'Most Empathic' Portuguese Brand

Hypermarket chain Continente has been named the 'most empathic' Portuguese brand, according to the Who Cares – Empatia das Marcas study. The study...

Jerónimo Martins Q1 Sales Grow 9% To €3.7bn

Portuguese retail group Jerónimo Martins has reported 9% year-on-year growth in consolidated sales to €3.7 billion for the first quarter o...

Portuguese Olive Oil Prices Set To Rise: INE

The price of olive oil is set to rise in Portugal after a 30% drop in production in 2016, to less than 491,000 tonnes, according to the National Statistics...