Retail

Fall In Tourism Causes the Azores Losses of 400 Million Euros

Between March 2020 and February 2021, overnight stays in the Azores fell from 3,039,571 to 683,658, losing a total of 2,355,913 overnights.
Mercadona

Mercadona to Invest Another €150 Million in Portugal

The Spanish supermarket chain plans to open nine more shops in Portugal in 2021, in a €150-million investment.
Mercadona

Altamira Takes Part in Sale of Three Assets to JOM

Altamira Portugal announced that it had finalised the sale of three assets to JOM, a Portuguese household goods chain, for more than €6 million. 

Sonae Increasing its Stake in Sonae Sierra to 80%

Sonae will increase its majority position in Sonae Sierra to 80%, acquiring 10% of the share capital from Grosvenor Investments.