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

French Supermarkets To Demand Food Groups Cut Prices By Up To 5%

Supermarket groups in France could demand price cuts of 2% to 5% from food manufacturers in upcoming annual negotiations, the head of retailer Les Mousquet...

Mercadona Donates Over 10,500 Tonnes Of Food In The First Half

Spanish retailer Mercadona donated over 10,500 tonnes of food in the first half of 2023 and expanded its collaboration agreements with social organisations...

Lidl Portugal Upgrades Customer Loyalty App

Lidl Portugal has announced a revamp of its Lidl Plus customer loyalty programme, two years after the launch of the app-based scheme

Covirán Appoints Esteban Gutiérrez Lizancos As Director General

Spanish retail cooperative Covirán has appointed Esteban Gutiérrez Lizancos as its new general director.

Dia To Exit Portugal, Sells Business To Auchan Retail

Spanish retailer Dia Group has announced it has reached agreement with Auchan Retail over the sale of its business in Portugal, for €155 million.

Savills IM Acquires Two Aldi Supermarket Properties In Spain

Real estate investment manager Savills IM has acquired two new properties housing Aldi supermarkets in Spain for an undisclosed price.

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.

Jerónimo Martins Sees H1 Profit Rise 36%, Inflation Dents Margins

Portuguese retailer Jerónimo Martins reported a 36% increase in first-half net profit as high inflation boosted sales, especially in Poland where it...