Sonae MC

Mercadona Ends 2023 With 49 Stores In Portugal

Spanish supermarket chain Mercadona has expanded its presence in neighbouring Portugal by opening 10 new stores in 2023, reaching a total of 49 by year-end...

Shoptalk Europe 2023 Kicks Off In Barcelona

Shoptalk Europe 2023 officially gets underway in Barcelona today, welcoming more than 3,000 decision-makers from across the retail, consumer goods and reta...

Sonae’s MC Business Sees Sales Up 11.5% In 2022

Portuguese retail group MC, part of the Sonae conglomerate, reported a turnover of €5.9 billion in 2022, an increase of 11.5% year-on-year and of 9.6%...

Sonae MC Adopts Analytical Model To Fight Food Waste

Portuguese food retailer Sonae MC, has adopted an analytical model developed by Portuguese consultancy LTPLabs to fight food waste.

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...

Portugal's Sonae Sees Net Profit Fall Due To Rising Energy And Transport Costs

Sonae, which owns Portugal's largest food retailer Continente, said that its third-quarter net profit fell 4.2%, despite a solid increase in sales, as reco...

Sonae MC-Led Consortium Invests €110m In Portuguese Food Sector

Portuguese retail group Sonae MC is leading a consortium of 50 entities that aim to invest €110 million in the Portuguese food sector.

Sonae's MC Arm Sees First-Quarter Sales Up 3.8%

Portuguese food retail group MC, part of Sonae SGPS and formerly known as Sonae MC, has reported first-quarter 2022 sales of €1.29 billion, up 3.8% ye...