Sonae: latest retail news, insights and analysis | ESM Magazine

Portugal's Continente Tests Inclusive Store Concept

Portuguese supermarket chain Continente is piloting an inclusive store concept designed to improve the shopping experience for people with disabilities, pa...

Portugal's MC To Close Go Natural Supermarkets

Portuguese retail group MC has announced it is shuttering its Go Natural supermarkets and has initiated a process to integrate the chain's workers into oth...

Portugal's Sonae Launches €868m Takeover Of Finnish Pet Care Retailer Musti

A consortium led by Sonae, which owns Portugal's largest food retailer, has launched a tender offer on all the shares in Finnish pet care retailer Musti, i...

Sonae's MC Arm Sees Sales Up 9.6% In Third Quarter

Portuguese retailer MC, which operates the Continente brand, saw sales rise 9.6% in the third quarter of its financial year, or 8.7% on a like-for-like bas...

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MC’s Fernando van Zeller Discusses The Group’s Latest Investment

ESM talks to MC’s Fernando van Zeller about the Portuguese group’s latest investment in the health, wellness and beauty segment.

Sonae Sees Consolidated Turnover Up 12% In First Half

Sonae has reported a 12% year-on-year increase in consolidated turnover to over €3.8 billion in the first half of its financial year.

MC Sonae Reports 13% Revenue Growth In First Quarter

Portuguese food retailer MC Sonae said that turnover in the first quarter of its financial year totalled €1.5 billion, up 13.5% year-on-year and 11.8%...

BPI Secures €100m Sustainable Loan For Continente

Portuguese bank BPI has provided a sustainable loan of €100 million to Portuguese supermarket chain Modelo Continente, owned by MC, the food retail un...