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

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...

Mercadona Confirms Further Portugal Openings In 2019

Spanish retail giant Mercadona has said that it plans to open between eight and 10 stores in Portugal in the second half of 2019, in what will amount to a...

Mercadona Acquires Aveiro Site In Portugal

Spanish retailer Mercadona has acquired a site in Aveiro, around 50 kilometres south of Porto, for what may well be its fifth planned store location in Por...

Product Origin Important For 72% Consumers In Portugal: Study

According to the latest Nielsen Shopper Trends survey, 72% of Portuguese consumers prefer products that are produced domestically. The study also found...