Supermarkets

Portugal’s supermarket giant Jerónimo Martins (JM) is to expand to Slovakia. It will be the third country in Europe after Portugal and Poland – where the national operator has a strong [...]

Jerónimo Martins, the owner of the Pingo Doce supermarkets in Portugal says it will contest a tax bill of €32 million that the State says is outstanding and harks back to as far as 2012. The [...]

The real estate consultancy Cushman & Wakefield has announced that it has won the control of a portfolio of four supermarkets in Portugal. It brings the total area of commercial real estate [...]

The shares of Portuguese food distribution group Jerónimo Martins, which holds supermarkets such as Pingo Doce in Portugal and Biedronka in Poland, have been changing hands for record amounts [...]

A law introduced by the Portuguese Government to eliminate VAT on a typical shopping basket of essential goods comes into force tomorrow. (Tuesday, April 18) The law, confirmed in the Portuguese [...]

The international food distribution group DIA, which owns Minipreço in Portugal, managed to slash its losses by a half in 2022. Portugal represents only 8% of the group’s net food retail sales [...]

The CEO of Sonae, a Portuguese multi-sector multi-national company which operates one of the country’s largest supermarket groups Continente, has hit back as a tide of public resentment grows [...]

Portuguese food distribution company Jérónimo Martins that owns the Pingo Doce supermarket chain has enjoyed an increase in sales of 21.5% to €4.5Bn in 2021 – a like for like growth of [...]

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 [...]

Portuguese food retail giant Jerónimo Martins which owns the Pingo Doce chain of supermarkets has reported €261 million in profits for H1. The grocers, that also has retail food business [...]