Continente: latest news, analysis and trading updates | ESM Magazine

Pingo Doce Runs The Biggest Store Network In Portugal, Survey Finds

Portugal closed 2022 with 4,205 stores operated by 34 large-scale retailer brands, with half of the network concentrated in 34 municipalities, according to...

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%...

LCN Capital Partners Pays €150m For 50 Portuguese Supermarkets

US private equity fund LCN Capital Partners has paid approximately €150 million for a portfolio of 50 supermarkets across Portugal, according to Portu...

Continente Introduces Self-Service Refill Spaces

Portuguese supermarket and hypermarket banner Continente has introduced a new refill service in two of its outlets.

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...

Sonae's MC Arm Reports 16% Increase In Sales In Third Quarter

Portuguese conglomerate Sonae's MC business, which includes its supermarket and hypermarket operations, reported a 16% increase in sales in the third quart...

Continente's 'Plug&Charge' Service Sees 70% Growth In Customer Numbers In 2022

Continente's electric vehicle charging service Plug&Charge registered a 70% increase in customer numbers, exceeding 11,000 users, and a 105% increase i...

Price Hikes Lead To Increase In Supermarket Shoplifting In Portugal

The proliferation of shoplifting in Portuguese supermarkets is on the increase, on the back of financial difficulties and rising prices, according to repor...