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

Two 'Virtual Supermarkets' To Open In Portugal: Report

Portugal will soon see two new players enter the 'dark store' business in the food retail sector, according to a report in Economia Online. The virtual...

Continente Expands Charging Network For Electric Vehicles

Continente has announced plans to install more than 110 charging points for electric vehicles as it expands its Plug & Charge network thr...

Portugal's Sonae Reports First-Quarter Profits Despite Pandemic

Portugal's Sonae, which owns the country's largest food retailer, swung to a net profit of €1 million in the first quarter of its financial year on ro...

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...

Portugal's Sonae MC Sees 9.6% Sales Growth in 2020

Portuguese retailer Sonae MC reported turnover of €5.1 billion last year, an increase of 9.6% compared to 2019, according to results just filed....

Portugal's Competition Authority Fines Six Retail Chains €304m

Portugal's competition authority AdC imposed fines worth a total €304 million on six supermarket chains, including retail leaders Sonae and Jeronimo M...