Portugal's second biggest retailer Jeronimo Martins is planning to open 90 new stores in Portugal and between 300 and 360 in Poland from 2007 to 2009, newspaper Diario de Noticias reported citing an official source of the company.
Portugal's second biggest retailer Jeronimo Martins is planning to open 90 new stores in Portugal and between 300 and 360 in Poland from 2007 to 2009, newspaper Diario de Noticias reported citing an official source of the company.
The Portuguese-based retailer will create 5,000 jobs from the Portuguese store openings, which include 60 Pingo Doce supermarkets and 25-30 Feria Nova stores, the newspaper said.
The group reported sales of EUR 4.4 bn in 2006, a 15.2% more than 2005. In Poland, its Biedronka sales are expected to have increased by 25.1% up to EUR 1.69 bn in 2006.
