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

Portugal's Competition Authority Fines Six Retail Chains €304m

Portugal's competition authority AdC imposed fines worth a total €304 million on six supermarket chains, including retail leaders Sonae and Jeronimo M...

Sonae MC Gets Antitrust Nod To Take Full Control Of Go Natural

Portugal’s Competition Authority (AdC) has given the 'green light' for the takeover of full control of Go Well by Portuguese retail group Sonae...

Portugal's Sonae MC Posts Double Digit Growth In First Half

Sonae MC, which operates the Continente chain in Portugal, has posted 11.5% growth in sales in the first half of its financial year, citing the 'extraordin...

Portugal's Sonae MC 'Strengthens Contingency Plans' In Wake Of COVID-19

Portugal's Sonae MC has 'strengthened [its] contingency plans' and is engaged in 'close dialogue with all stakeholders in the supply chain' as it seeks to...

Continente Asks Shoppers To Prepare For 'An Easter With A Difference'

Portuguese retailer Continente has launched a new marketing campaign, Uma Páscoa Diferente, that encourages families to be creative with how they ce...

Portugal’s Sonae Posts ‘Outstanding’ Results In FY 2019

Portuguese retailer Sonae has reported a 9.2% year-on-year growth in consolidated turnover to €6.4 billion in its financial year 2019. This growth...

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...