Sonae MC

Continente, Pingo Doce Obtain Animal Welfare Certifications

Portuguese supermarket chains Continente and Pingo Doce have received international animal welfare certifications for their own-brand meat products. Con...

Aldi Portugal Launches Beer Made From Leftover Bread

Aldi Portugal has commenced the sale of Bread Beer, a beer produced from unsold bread sourced from the retailer’s stores. Beer Bread has been deve...

CVC Fund To Buy 25% Of Portugal’s Sonae MC

Sonae SGPS has reached an agreement to sell 24.99% of its grocery retail unit Sonae MC to CVC Advisers Company (CVC Funds). Sonae MC is a top Portu...

Continente First In Portugal To Introduce Insect-Based Food

Sonae MC’s Continente banner has started selling a range of insect-based food products, produced by startup Portugal Bugs. Continente has commence...

Sonae MC To Sell Maxmat To Cimentos Estrada Pedra

Sonae SGPS, SA has announced that its subsidiary Sonae MC has reached an agreement to sell its 50% share capital in Modelo - Distribuição De...

Sonae MC To Accelerate Rollout Of Meu Super Stores In Portugal

Portuguese retail group Sonae MC is planning to accelerate the rollout of its Meu Super franchised stores in Portugal and Cape Verde in 2021. Last year,...

Portugal's Sonae Sees Q4 Profit Fall As COVID-19 Impacts Shopping Centres

Portugal's Sonae, which operates the Continente supermarket chain, said that its fourth-quarter net profit fell 3.4% from a year ago as the COVID-19 pandem...

Online Shopping Boosts Demand For 'Dark Stores' In Portugal

Pandemic-driven growth in e-commerce has accelerated the demand for 'dark stores' in Portugal as more companies seek locations in which to stock their prod...