Portugal's Jerónimo Martins Sees Biedronka Sales Up By Double Digits In 2020
Published on Jan 13 2021 8:58 AM in Retail tagged: Featured Post / Poland / Portugal / Jerónimo Martins / Recheio / Biedronka / Ara / Paywall
Portuguese retailer Jerónimo Martins has said that sales at its core Biedronka banner were up 10.4% in local currency last year, as the group navigated an 'unprecedentedly challenging' year.
Like-for-like sales at Biedronka were up 7.1% for the year, the group said. Sales in euro-denominated terms were up 6.7%.
In its home market of Portugal, the group found the going a bit tougher, with its Pingo Doce brand seeing sales down by 1.9%, with like-for-likes down 2.2%. Its Recheio cash and carry business saw sales down 15.9%.
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