Expatica news

Continente moans about “unhealthy trend” of offering discounts

Continente’s parent, Sonae, is complaining about excessive promotions and discounting by its retail competition, calling it “an unhealthy trend.”

In Portugal, “4.5 out of 10 products are sold under a promotion,” claims Luís Reis, the head corporate person at Sonae, owner of the Continente chain.


© algarvedailynews.com

The above content produced by algarvedailynews.com is not intended for commercial use and may not be republished by third parties either wholly or in part unless permission is sought and granted and the source credited.