May 116 minAmericasColombia: 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 43 minEuropePortugal: Jerónimo Martins' profits grow 59% between January and MarchJerónimo Martins, owner of discount retail chains ARA in Colombia and Biedronka in Poland, saw net income rise across the group to 140...
Oct 27, 20221 minEuropePortugal: 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...
Jun 4, 20224 minAmericasColombia: discounters D1 and Ara take market share from neighborhood storesDiscount Retail Chain Ara (owned by the Portuguese Jerónimo Martins), and Colombian discounter D1 (owned by the Colombian Valorem Group),...
Oct 31, 20212 minEuropePoland: LfL Biedronka sales up by 7.8 percent. The chain targets 100 new stores in 2021Discount Retail Chain Biedronka (owned by Jeronimo Martins) achieved sales of EUR 10.6 billion (US$12.7Bn). In PLN, sales increased by...
Jul 29, 20212 minEuropePortugal: Jerónimo Martins' profits increase 78.9% in H1 2021Owner of Discount Retail Chain Biedronka (Poland) and ARA (Colombia) Jerónimo Martins closed the first half with a net profit of 186.1...
Jul 1, 20211 minAmericasColombia: Tiendas Ara opens store number 700 as part of the expansion planDiscount Retail Chain ARA (owned by Jeronimo Martins) plans to exceed 790 stores with more than 100 openings to be held this year....
May 14, 20213 minAmericasColombia: Ara plans to exceed 790 stores with more than 100 openings this yearDiscount Retail Chain Tiendas Ara (owned by Jeronimo Martins) recently opened a new distribution center in Los Patios, Norte de...
May 5, 20212 minEuropePoland: Mobile Biedronka outletsDiscount Retail Chain Biedronka (owned by Portuguese Jeronimo Martins) have set off mobile Biedronka Outlets to smaller towns in Poland...
Mar 15, 20212 minAmericasColombia: Ara store sales grew by 24.4% in 2020Discount Retail Chain Tiendas Ara (owned by Jerónimo Martins, listed Euronext: JMT) was one of those that had a positive balance in...