Jerónimo Martins has announced its FY2022 premlinary results, revealing a positive performance across all countries where it operates, Colombia, Poland, and Portugal. Positive sales growth Jerónimo Martins saw sales grow 21.5% to €25.4 bn in 2022, with like-for-like (LFL) sales rising 19.6%. The retailer revealed the positive results as the group continued to invest in price, of which gave sh...

We recently visited Lisbon to explore what the city has to offer and understand how retailers are evolving to help build shopper confidence, as inflation and the cost-of-living continues uncertainty. In this article, we highlight three must visit stores and explain why you need to see them. 1. Continente Labs, R. Dona Filipa de Vilhena 2, 1000-135 Lisboa Sonae MC launched its first check...

Portugal-based Sonae MC announced its total turnover for Q3 2022 reached €1,599m, an increase of 16% compared to the same period in 2021. The group’s like-for-like (LFL) sales grew by 13.3%. Sales performance Sonae MC revealed its strong investment to its prices underpinned its strong growth for Q3 2022, as well as adjusting to shopper demands to provide a range of affordable and high-quali...