Sonae MC

Intermarché Portugal To Open First Urban 'Ultra Proximity' Store

The Portuguese unit of French hypermarket chain Intermarché is planning to open its first urban-format store in Lisbon this August. The location...

Sonae MC Announced New Headquarters Based In Spain

Portuguese retail group Sonae MC has announced that it has established its first headquarters in Madrid, Spain, which will employ more than 400 people by e...

Portugal's Sonae MC Sees Like-For-Like Turnover Up In First Quarter

Portuguese retail group Sonae MC, which operates the Continente hypermarket chain, has seen its turnover increase by 5.3% in like-for-like terms in the fir...

Sonae MC To Open 70 Proximity Stores By 2020

Portuguese grocery retailer Sonae MC plans to open 70 new Continente Modelo proximity stores by 2020, as part of an investment estimated at €200 milli...

Sonae Accelerates Growth, With 5% Increase In Food Sales

Portuguese retail group Sonae has reported that consolidated turnover increased by 7.1% to €5.7 billion in 2017, with growth across all its businesses...

Continente Expansion Gives Boost To Sonae Sales In 2017

Portuguese retail group Sonae MC has reported that sales increased by 5.4% to €3.8 billion in 2017, fuelled by like-for-like growth of 1.2%. In its...

Continente Focuses On Proximity Retail, With 20 New Stores In 2017

Portuguese retail group Sonae MC invested €98.5 million in its Continente store network in 2017, opening 20 new supermarkets and creating 1,080 new jo...

Continente, Auchan, Coviran Open New Stores In Portugal

Retail groups Sonae MC, Auchan Retail Portugal and Coviran have recently opened seven new stores of various formats in Portugal. Sonae MC invested &euro...