Mercadona Slips in Portugal for the First Time as Continente Widens Its Lead
Mercadona opened its 73rd Portuguese store in Sintra on 30 June, but for the first time since its 2019 debut the Spanish chain is losing market share, as Pingo Doce and Lidl gain and Continente extends its lead from 26.6% to 27.5%. The grocery price war is far from over.