The Sonae group’s turnover from circular products and services amounted to around €90 million in 2023, the company said in a statement this Friday. This “circularity” is done, [...]
When most people think of supermarkets in Portugal it tends to be one of the big three like Continente (Sonae), Pingo Doce (Jerónimo Martins), or Lidl (Schwarz Group). You would not, probably, [...]
Topbrands, a company that supplies toys, childcare products, and outdoor living equipment and accessories to retailers, is to invest €6 million in new premises in Montijo creating 50 new jobs. [...]
The Portuguese Association of Shopping Centres (APCC) has warned that any restrictions on opening hours would have a “drastic impact” resulting in a fall in economic activity and job losses. The [...]
The Arco Retail Park was officially opened today in Santo Tirso on a redeveloped site once occupied by the old Arco Textiles Factory. Built by the design and build developer Garcia Garcia, the [...]
Os Mosqueteiros, which owns food retail outlets Intermarché, the DIY, building materials and tools retailer Bricomarché, and the Roady auto centres, is to invest around €240 million to 2029 on a [...]
Farfetch, the former Portuguese online luxury retail unicorn bought out by South Korea’s Coupang, is to wind up its operations centre in Matosinhos at the end of this month. The company had [...]
The sports retail chain Decathlon closed 2023 with profits of €931 million, an increase of 0.8% on the €923 million posted for 2022. The sports articles retailer enjoyed a business turnover of [...]
The Portuguese are buying more sex toys with vibrators being the biggest sellers according to a study from KuantoKusta. Demand for sex toys and other “bedroom” products grew by around 27% between [...]
The Adeo Group, owner of the Leroy Merlin DIY and bricolage stores, has invested €40 million in a store for professional builders. The store, which will operate under the Obramat brand widely [...]