Pingo Doce: latest retail news, insights and analysis | ESM Magazine

Jéronimo Martins Posts Record EBITDA, Strong Growth

Portuguese retailer Jéronimo Martins has reported a 7.9% rise in net profit, surpassing for the first time the €1 billion EBITDA mark, boosted...

Portugal's Jerónimo Martins Sees 7.5% Growth In Annual Sales

Portuguese retail group Jerónimo Martins has reported 7.5% growth in consolidated sales in its financial year 2019, to €18.6 billion. T...

More Than 250 New Supermarkets Opened In Portugal In Past Two Years

Portugal has seen the launch of 282 new food retail outlets during 2018 and 2019, according to reports. Since January 2019, 154 new supermarkets have op...

Portuguese Retailer Jeronimo Martins' Profit Up 8% As Sales Rise

Portuguese retailer Jeronimo Martins reported a strong 8% rise in third-quarter net profit on a near 9% increase in sales, led by its Polish unit desp...

Portuguese Rivals Beat Mercadona in Pricing, Study Finds

While Mercadona recently arrived in Portugal to much fanfare, the retailer still has much to do to compete on pricing, a new study by the Portuguese Associ...

Rivals React To Mercadona's Arrival in Portugal

Spanish supermarket chain Mercadona opened its first stores in Portugal at the start of July, with the retailer seeking to challenge the dominance of local...

Jerónimo Martins Sees Consolidated Sales Growth Of 5.7% In H1

Portuguese retail group Jerónimo Martins has posted consolidated year-on-year sales growth of 5.7% to €8.9 billion in the first half of its fin...

Pingo Doce Introduces Food Delivery Service In Lisbon

Portuguese supermarket chain Pingo Doce has teamed up with online food delivery company Takeaway.com to offer meal delivery services in Lisbon. Initiall...