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

Portugal's Sonae Rejects 'Wholly Erroneous' Decision By Portuguese Competition Authority

Portugal retail and telecommunications firm Sonae has rejected what it describes as an 'incomprehensible, surprising, wholly erroneous and legally nonconfo...

Sonae Acquires Organic Supermarket Chain Brio

Portuguese retail and telecoms conglomerate Sonae has acquired the organic supermarket chain Brio, which has six stores in the Lisbon area. The mov...

Portugal's Sonae Posts Turnover Increase Of 7.2%

Portuguese retail and services group Sonae has posted an increase in turnover of 7.2% to €5.4 billion, surpassing the five billion euro mark for the f...

Sonae Wins Six Trusted Brands 2016 Distinctions

Sonae’s main retail brands remain at the top of Portuguese consumers’ preferences in the Trusted Brands 2016 survey. Once again, the Co...

Sonae Acquires Two New Assets In Portugal

Portuguese retailer Sonae has announced that its Iberia Coop Fund has acquired two 'retail assets' in the country. The fund, a joint venture between rea...

Portugal’s Sonae MC Posts 5.6% Growth For Full-Year 2016

Sonae MC, the food-retail arm of Portuguese retail and communications conglomerate Sonae, has posted a 5.6% increase in like-for-like sales for full-year 2...

Portuguese Retailers Open 100+ Stores In 2016

Portuguese retailers have opened more than 100 stores in 2016, according to local daily Expresso. The two largest grocery retailers, Sonae and Jer&...

Portugal’s Sonae Acquires Majority Stake In Go Natural

Portuguese retail group Sonae MC has announced that it has taken a 51% stake in Go Natural, an operator of healthy food restaurants across Portugal. Go...