Pingo Doce parent company fined €36 million for ‘misleading’ adverts… in Poland
Polish regulator rules inflation-busting campaign “misled customers” Poland’s consumer protection regulator has fined the local operations of Portugal-based retail group Jerónimo Martins (best known for its chain here of Pingo
Hamper of essential foods costs €2 more since IVA was eliminated
Price increases evident after just three weeks of ‘zero IVA’ The much-touted elimination of IVA (value added tax) on 46 food products considered ‘essential’ has not really made much difference.
0% IVA on basket of 46 foodstuffs in force as of today
Supermarkets have 15 days to reflect changes; ALDI has already started The measure that exempts a basket of 46 foodstuffs considered essential from IVA (VAT) comes into force today, with
Sonae boss gives thumbs-down to price setting (in bid to stop rising food prices)
Sonae boss Cláudia Azevedo has warned today that in an “open and global market” such as food distribution the setting of maximum prices “always works out wrong” and is more
State inspectors ‘further intensify’ hypermarket ‘price checks’
“Will be watching for any kind of price collusion” – Secretary of State If rising food prices have anything to do with supermarket and hypermarket chains operating ‘price collusion’ (and
Nationwide swoop on supermarket price increases
38 ASAE brigades at work; “we will intensify these checks”, says government Thirty-eight brigades involving 80 ASAE (authority for economic and food safety) inspectors are on the ground today inspecting
Supermarkets start feeling pinch
Aside from the fact that the new ‘windfall taxes’ on extraordinary profits in the sector come into effect from tomorrow, supermarkets are starting to feel the pinch when it comes
Modelo Continente gives workers €500 to mitigate effects of inflation
Supermarket giant Modelo Continente is paying its workers (roughly 36,000) an extra €500 this month to mitigate the effects of inflation “and bring a better Christmas for everyone”. The “extraordinary
Foodbank volunteers at supermarkets this weekend
Portugal’s Food Bank Against Hunger is holding a new food collection campaign in supermarkets this weekend, stressing its “decisive importance” at a time of “increasing difficulties” caused by rising interest
New Albufeira Intermarché store opens tomorrow
The inauguration of the supermarket chain’s 261st point of sale represents an investment of three million euros and will generate 50 new jobs in the region. Albufeira’s new Intermarché store