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

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...

Continente and Pingo Doce To Reduce Plastic Usage

Portuguese supermarket chains Continente and Pingo Doce have launched new initiatives, with the aim of reducing plastic usage. Continente will replace s...

Jerónimo Martins Sees Sales Rise 7.3% In First Nine Months Of 2018

Portuguese retailer Jerónimo Martins has posted a 7.3% increase in sales in the first nine months of the year, to €12.8 billion. EBITDA for...

Portugal's Galp Lifts Earnings Outlook On Oil Price, Improved Output

Portugal's Galp Energia raised its 2018 pre-tax earnings estimate to €2.3 billion from a previous forecast of 1.8-1.9 billion on Monday, as a jump in...

Lack Of Innovations Hinders Portuguese FMCG Sector, Study Finds

A lack of innovation in the FMCG sector has hindered the growth of GDP in Portugal, according to a study by KPMG and Kantar Worldpanel for Centromarca....

Continente Launches 300 New Private Label Products in 2018

Portuguese supermarket and hypermarket chain Continente has launched 300 new SKUs under its various private label brands in 2018. According to Pedro Bru...

Portugal's Jerónimo Martins Acquires Five Piotr i Pawel Stores In Poland

Portuguese retail group Jerónimo Martins has bought five stores from one of its Polish competitors – Piotr i Pawel. According to Portuguese...

Sonae SGPS To Launch IPO Of Food Retail Business

Portuguese conglomerate Sonae SGPS has announced that it plans to launch an IPO of its food retail business, Sonae MC. The common shares will be listed...