Portugal news & analysis

14 November 2022
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...
02 November 2022
Jerónimo Martins has announced its Q3 2022 results, revealing a strong sales performance across all countries where it operates, Colombia, Poland, and Portugal. The groups consolidated sales for nine months (9M) increased by 21% to €18,392m compared to the same period in 2021. Overall sales performance Jerónimo Martins’ Q3 consolidated sales increased by 22.7% to €6.5 bn compared to Q3 2021...
31 October 2022
Auchan Portugal has unveiled its new loyalty scheme: Clube Auchan. The scheme offers a tiered loyalty hierarchy, with shoppers able to progress from ‘Fan’ to ‘Super Fan’ and ‘Hyper Fan’, with each tier offering improved benefits. The scheme provides exclusive promotions for members, such as daily deals, weekly discounts, coupons and vouchers and discounts on private label items. The private la...
02 September 2022
ELO, previously known as Auchan Holding, reported H1 revenue grew by 6.3%, with current operating profits growing by 24%. Auchan Retail reported an increase in turnover by 6.2% to €15,380m in H1 2022, compared to the same period in 2021.   Auchan Retail claimed EBITDA decreased by 21% to €440m in H1 2022, revealing Auchan France contributed majority of this fall, as a direct results of business...
17 August 2022
As our ShopperVista Quarterly channel trends report shows sustained usage for the variety discount channel, with increasing usage from AB shoppers, we round up key developments for Poundland. Poundland to open further new stores in 2022… Poundland will open or relocate 25 stores in the UK before the end of 2022, with 10 to be opened by the end of September and the remainder before the e...
10 August 2022
Intermarché, part of the Os Mosqueteiros group, has invested in store growth and is expanding its private label range in Portugal. New stores with a fresh feel Since the start of the year, six new stores have opened in Portugal under the Intermarché banner. This includes the renovation of its largest store in Abrantes. The new stores are strategically positioned to expand its customer base....
27 July 2022
Jerónimo Martins has announced its H1 2022 results, revealing a strong sales performance across all countries where it operates, Colombia, Poland, and Portugal. Sales performance Jerónimo Martins’ Q2 consolidated sales increased by 24.5% to €6.4 bn compared to Q2 2021. The groups consolidated H1 2022 sales reached €11.9 bn an increase of 20%, compared to H1 2021. Group EBITDA increased by 19....
26 July 2022
In a month where Lidl announced opening its 12,000 th store worldwide, we look at five recent developments that help make its growth environmentally sustainable. 1. Lockers support online retailers reduce carbon footprint Lidl France has partnered with Mondial Relay to roll-out customer collection lockers at stores. The first lockers at a Lidl store, and 1,000 th for Mondial Relay, opened...
03 July 2022
As part of its annual general meeting, Spain-based retailer alliance Grupo IFA has reported its 2021 results with a total consolidated turnover of €33.2 bn, across all its operations in Spain, Portugal and Italy. Who is Grupo IFA? Grupo IFA is the leading retail group by surface area in the Spanish and Portuguese markets and comprises 34 affiliate members and 137 affiliated companies. In...
22 June 2022
As Auchan Hungary and Portugal focus on sustainability initiatives, Auchan Romania focuses on its new MyAuchan shopping experience at petrol stations. Auchan Portugal improves private label packaging   Auchan claims in 2021 it reached its target of using 90% of reusable, recyclable/ compostable on private label packaging and developed 10 eco-design projects for product packaging. Auchan ...