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Fundação AIP has announced the debut of Lisbon Food Affair, a new trade event in Lisbon’s Parque de Nacoes that is designed to showcase the best of the Portuguese food and drinks sector. Marketed with the strapline “where food business and innovation meet!”,  Lisbon Food Affair is a trade-only event that aims to connect both large and small companies from across the industry, including suppliers, distributors and other stakeholders, …

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Lidl, the German retail chain, is investing a further €2 million ($2.1 million) in training as part of preparations to open its first stores in Madeira in June 2023. The discount grocer has already announced a total investment of €100 million ($106 million) to support three initial store openings on the Portuguese island, including the creation of 150 jobs. Lidl plans to recruit a range of roles, including store managers, …

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Supermarket chain Continente, part of Portuguese retail and telecoms conglomerate Sonae, has announced the opening of what is described as the first “Europe-brand” scanless and cashless convenience store, located in central Lisbon. The new Continente Labs concept store, which opened its doors on 26th May, is 150 sq m in size and works using an app linked to a debit or credit card. Consumers scan a QR code generated by …

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Biscuit International, the France-based bakery firm, has reached an agreement to acquire Dan Cake, a Portuguese manufacturer and distributor of biscuits and cakes for an undisclosed sum. Dan Cake is a family-owned business founded in 1978 and headquartered in Coimbra, Portugal. The company, which has two manufacturing sites and employs 500 staff, is a leading producer of cakes and biscuits in Portugal and a leader in the butter cookies market. …

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