Spanish retailer Mercadona has acquired a site in Aveiro, around 50 kilometres south of Porto, for what may well be its fifth planned store location in Portugal.
According to trade publication Distribuição Hoje, Mercadona has acquired the site for €2.55 million last week, however the Spanish retailer did not confirm whether a store was scheduled to be built at that location.
A spokesperson for Mercadona told the publication that it was focusing solely on its four previously-confirmed locations, in Maia, Gondomar, Vila Nova de Gaia and Matosinhos.
All locations are in the Greater Porto area, and are scheduled to open in the first half of next year.
In addition to the new stores, Mercadona is developing a logistics centre in the Laúndos Industrial Park, in the municipality of Póvoa de Varzim, to supply its operations in the region.
This unit will cover an area of more than 17,000 square metres and should be completed by January 2019, the retailer said in February.
© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. Click subscribe to sign up to ESM: The European Supermarket Magazine