Latest Intelligence on Retailing in Portugal

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Type Product title / description Pub Price
CommentWire
CommentWire

Carrefour: divestment of Portuguese hypermarkets

Just two weeks after acquiring Tengelmann's hard discount operation in Spain, Carrefour is making further amendments to its store estate by divesting its hypermarket operations in Portugal. However, Carrefour will retain its hard discounter Minipreco in the country. This is a sound move, as Carrefour's hypermarkets have seen falling sales densities across the EU for a number of years.

Published By Datamonitor
30 Jul 2007
CommentWire
CommentWire

Jeronimo Martins: Plus provides additional revenue

Portuguese retailer Jeronimo Martins has reported strong sales and profit growth for the first half of 2009, boosted by last year's acquisition of Plus discount stores in Portugal and Poland. In spite of the economic downturn, the retailer is somewhat optimistic about the second half as sales at its supermarkets and discount stores remain resilient.

Published By Datamonitor
27 Jul 2009
CommentWire
CommentWire

Jeronimo Martins: strong growth ahead of Plus integration

Portugal's second largest retailer, Jeronimo Martins, has unveiled outstanding growth in both sales and profits for the first quarter of 2008. The group's turnover was boosted by a particularly buoyant performance from its Polish discount chain Biedronka. A strong start to the year puts the retailer in a good position ahead of the integration of the Plus chain.

Published By Datamonitor
01 May 2008
CommentWire
CommentWire

Modelo Continente: strong growth in Portugal

The Portuguese grocer Modelo Continente, leading its domestic market ahead of former Ahold subsidiary Jeronimo Martins, has delivered strong growth in 2006, driven by its remodeled hypermarket operation and dynamic sales in its non-food operations. If the current investment program is adhered to, the future outlook for the retailer is positive.

Published By Datamonitor
15 Mar 2007
Expert View
Expert View

Sonae: Spanish acquisition marks entry into struggling electricals market

Sonae, the giant Portuguese conglomerate, is set to enter the beleaguered Spanish electricals market with its Wortem chain, after acquiring the Spanish arm of French electricals specialist Boulanger. However, a challenging macroeconomic environment and feisty competitors will make its quest to become a prominent market player far from smooth sailing.

Published By Datamonitor
27 Aug 2008

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