Supermarkets

Mercadona Portugal has almost doubled its profits with sales exceeding €2Bn, profits of €26 million, and plans to open 12 new stores. It was the second year running that the Portuguese subsidiary [...]

The Spanish supermarket group Mercadona will open two stores in the final quarter of 2026 in Faro and Portimão, creating 200 jobs, and is now recruiting. The food distribution group currently has [...]

The Austrian banking group Erste is recommending the purchase of Jerónimo Martins shares, predicting they will gain in value by 15% to €25.10. This week Jerónimo Martins shares rose 0.92% to [...]

The owner of the supermarkets chain Pingo Doce, Jerónimo Martins, is to appeal in court a €9.6 million tax bill to cover the Single Social Tax. The Single Social Tax, or TSU, is the amount that [...]

The first quarter of 2025 saw a robust start to Portugal’s commercial real estate market with the retail sector and shopping centres providing the main driver for investment. Between January and [...]

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, [...]

Text: Chris Graeme Photos: Joaquim Morgado When most people think of the Portuguese company Sonae, they invariably think of the company as European shopping centre developers and managers, or [...]

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 [...]