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,...
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Oct 30, 20232 min read
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, 20232 min read
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, 20232 min read
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, 20236 min read
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, 20233 min read
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, 20221 min read
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, 20221 min read
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, 202211 min read
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, 20222 min read
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, 20224 min read
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, 20222 min read
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, 20221 min read
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, 20215 min read
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, 20212 min read
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, 20211 min read
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, 20211 min read
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, 20213 min read
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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