Retail

The Algarve-based supermarket chain Apolónia is to expand to both Lisbon and Porto. Apolónia’s first outlet opened in 1983 as a 100-sqm mini-market in Vale d’Éguas, Almancil, which later [...]

The retail sector in Portugal has been the sector which has seen more closures and less new businesses started than any other in 2022. According to the Informa D&B barometer and based on data [...]

Portugal’s book market saw retail sales up 8% by April this year on like-for-like pre-pandemic sales in 2019. This is according to data from the Portuguese Association of Publishers and Book [...]

The Portuguese Association of Shopping Centres (APCC) believes that the January sales could mark the beginning of the sector’s recovery. On the day that the sales began on 15 January, the CEO of [...]

The shopping centre management group Mundicenter, which owns Amoreiras Shopping, has filed five court actions against the Portuguese State to the tune of €8.8 million. The court actions have to [...]

Asteck, the second largest shareholder in the Portuguese food retailer Jerónimo Martins, which owns supermarkets Pingo Doce, has sold its 5% share in the company for €621 million.  It made €1.1Bn [...]

One of the largest real estate projects in the Portuguese shopping centre segment in the past decade opens its doors tomorrow. The Glicínias Plaza in Aveiro was subject to a €40 million revamp [...]

The official receivers of Portuguese clothing company Dielmar have received two offers for the company but with lots of strings attached. And the time needed to produce and present a recovery [...]

Benfica has managed to meet its financial needs by raising the €35 million it needed from a bond issue aimed at small savers, many of them club members and fans. It sold 1,887 bonds despite the [...]

You’ve heard of Uber Eats and Glovo, the restaurant delivery service. Well, now the virtual supermarket concept has been launched onto the Portuguese market. Blok and Gorillas are the two new [...]