Nov 13, 2023
4 min

Colombia: ARA expands with more than 300 stores and a new distribution center

Discount Retail Chain Tiendas Ara, owned by the Portuguese listed group Jerónimo Martinss, already has 38 stores open in the department,...

Oct 30, 2023
2 min

Poland: €15.8 billion revenues in Biedronka's after three quarters

Discount Retail Chain Biedronka's (owned by Portuguese Jeronimo Martin's) revenues increased with 21.7% until Q III to €15.8 Bn. In Q3...

Sep 27, 2023
2 min

Colombia: Ara expects to increase sales by 41% in Colombia and reach 1,300 stores

Discount Retail Chain Ara Colombia (owned by Portugues Jeronimo Martins) sales rose from 21 million euros in 2013 to 1.8 billion in 2022...

Sep 8, 2023
2 min

Colombia: Ara stores represent 7% of the revenues of the Portuguese group Jerónimo Martins

Discount Retail Chain Tiendas Ara (owned by the Portuguese Jerónimo Martins) already represents 7% of the revenues of the Portuguese...

May 11, 2023
6 min

Colombia: In less than 15 years, hard discount stores revolutionized the supermarket business.

Discount Retail Chains D1, ARA, Olympic or Jumbo, increase their competition in Colombia to serve consumers looking for the lowest...

May 4, 2023
3 min

Portugal: Jerónimo Martins' profits grow 59% between January and March

Jerónimo Martins, owner of discount retail chains ARA in Colombia and Biedronka in Poland, saw net income rise across the group to 140...

Oct 27, 2022
1 min

Portugal: Discounter Biedronka sales increases 21.6% to €4.4 billion, Ara's 64%

Portugal's second-largest retailer Jerónimo Martins has posted a 14% rise in third-quarter net profit, as soaring inflation drove sales...

Aug 19, 2022
1 min

Research: Supertiendas Olímpica is getting ready to venture into a new discounter

The retail sector is moving lately, it should be remembered that last year the commerce sector was one of the ones with the highest...

Jul 13, 2022
11 min

Research: In inflation times, hard discount chains enter big into Latin America

It was March 2009 and in the traditional neighborhood of San Pío, in the municipality of Itagüí in the city of Medellín, the first hard...

Jul 8, 2022
2 min

Colombia: CPP Investments invests US$334 Million in discounter D1

Canada Pension Plan Investment Board (CPP Investments) announced that it has invested US$334 million, for a 19.3% stake, in D1, the...

Jun 4, 2022
4 min

Colombia: discounters D1 and Ara take market share from neighborhood stores

Discount Retail Chain Ara (owned by the Portuguese Jerónimo Martins), and Colombian discounter D1 (owned by the Colombian Valorem Group),...

Feb 19, 2022
2 min

Colombia: "Owners of savings" Makro's new campaign

Wholesale chain Makro (owned by German Metro Group), which has been operating in Colombia for more than 26 years, begins the year by...

Feb 13, 2022
1 min

Colombia: Results Tiendas ARA FY 2021

Discount Retail Chain Tiendas ARA (owned by Jerónimo Martins Colombia) competes in the Hard discount grocery format sector, with Tiendas...

Aug 29, 2021
5 min

Colombia: Discounter D1 in harmony with sustainability and social development

Discount Retail Chain Tiendas D1 (owned by KOBA) is consolidating corporate social responsibility projects that benefit labor inclusion...

Jul 29, 2021
2 min

Portugal: Jerónimo Martins' profits increase 78.9% in H1 2021

Owner of Discount Retail Chain Biedronka (Poland) and ARA (Colombia) Jerónimo Martins closed the first half with a net profit of 186.1...

Jul 1, 2021
1 min

Colombia: Tiendas Ara opens store number 700 as part of the expansion plan

Discount Retail Chain ARA (owned by Jeronimo Martins) plans to exceed 790 stores with more than 100 openings to be held this year....

Jun 17, 2021
1 min

Colombia: Discounter D1 surpasses Olímpica and Discounter Ara beats Jumbo

Discount Retail Chains have been consolidated in different regions of the Colombia. In the year of the pandemic, strong competition in...

May 14, 2021
3 min

Colombia: Ara plans to exceed 790 stores with more than 100 openings this year

Discount Retail Chain Tiendas Ara (owned by Jeronimo Martins) recently opened a new distribution center in Los Patios, Norte de...

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