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

Portugal's Sonae MC Boosted By New Store Openings

Portugal's Sonae MC has said that it has been boosted by new store openings, as it posted positive results for the first nine months of the year. The gr...

Portugal's Sonae To Invest €725m In Food Retail Business

Portugal's Sonae, which owns the country's largest food retailer, plans to invest up to €725 million by 2021 in the expansion, maintenance and improve...

Portuguese Retailer Sonae MC Surpasses €2bn In Turnover In H1

Portuguese retailer Sonae MC, which operates the Continente banner, has posted turnover of €2.18 billion for the first half of its financial year, a 1...

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...

Portugal's Sonae Wins Battle To Operate Continente Brand In Spain

Portuguese retailer Sonae has won a legal battle with retail giant Carrefour regarding the use of the Continente brand in Spain, following a ruling by the...

Portuguese Retail Sales See 3.4% Growth In 2018: APED

The Portuguese retail sector saw a 3.4% growth in sales in 2018, to €20.9 billion, according to the Portuguese Association of Distribution Companies (...

Sonae MC Sees Turnover Up 7.0% In First Nine Months Of Year

Sonae MC, the division of Portuguese conglomerate Sonae that operates the Continente chain, saw its turnover rise by 7.0% in the first nine months of the y...

Sonae MC Sees Like-For-Like Sales Increase Of 2.7% In First Half

Sonae MC, the grocery retail arm of Portugal's Sonae Group, has posted a 2.7% like-for-like sales increase in the first half of its financial year, to &eur...