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 [...]
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 [...]
The President of Portuguese supermarket giant Jerónimo Martins, Pedro Soares dos Santos, forecasts that Portugal’s economy will only get back on track in the second half of 2022. At a press [...]
The German supermarket chain ended 2020 with a €180 million investment in its 261 stores in Portugal. With urban rehabilitation an integral part of its expansion and modernisation plan, the [...]