Retail

The Adeo Group, owner of the Leroy Merlin DIY and bricolage stores, has invested €40 million in a store for professional builders. The store, which will operate under the Obramat brand widely [...]

The CEO of Portuguese kitchen and household accessories chain Gato Preto (Living Spaces) Carolina Afonso has been distinguished by Forbes as one of the 50 most powerful Portuguese leaders in the [...]

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 [...]

The Polish retail brand Pepco, which is similar in its product lines and quality to Primark, is to open in Portugal. The chain, which has 4,000 shops spread over 18 European countries, will open [...]

The flagship Zara store on Lisbon’s Rua August in the city’s downtown Baixa has been sold for €20 million — a record price tag for the shopping area. The building had been owned by the German [...]

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 [...]