About Jerónimo martins
Jerónimo Martins: A Leading International Group in Food Distribution and Specialised Retail
Jerónimo Martins is a Portugal-based international Group that has been operating in the Food Distribution and Specialised Retail sectors for over 225 years. The company was founded in 1792 by Jerónimo Martins, who started as a small grocery store owner in Lisbon. Today, the company has grown to become one of the largest food retailers in Europe, with operations across Portugal, Poland and Colombia.
The Group's core business is food distribution through its retail chains Pingo Doce (Portugal), Biedronka (Poland) and Ara (Colombia). These chains offer a wide range of products including fresh produce, meat, fish, bakery items, dairy products and household essentials. In addition to its retail operations, Jerónimo Martins also operates specialised stores such as Hebe (health & beauty), Recheio Cash & Carry (wholesale) and Hussel (confectionery).
One of the key strengths of Jerónimo Martins is its focus on quality products at affordable prices. The company sources its products directly from producers whenever possible to ensure freshness and quality. It also invests heavily in logistics infrastructure to ensure efficient supply chain management.
Another important aspect of Jerónimo Martins' business model is sustainability. The company has set ambitious targets for reducing carbon emissions, waste generation and water consumption across all its operations. It also supports local communities through various social responsibility initiatives such as education programs for children.
In terms of financial performance, Jerónimo Martins has consistently delivered strong results over the years. In 2020 alone, the Group reported revenue of €19 billion ($22 billion) with net profit reaching €433 million ($510 million). This success can be attributed to several factors including effective cost management strategies and continuous innovation.
Looking ahead, Jerónimo Martins plans to continue expanding its presence both geographically and through new product offerings. The company sees significant growth potential in emerging markets such as Colombia where it recently launched its Ara brand stores.
In conclusion, Jerónimo Martins is a leading international group that has established itself as a major player in the food distribution industry through quality products at affordable prices coupled with sustainable practices that benefit both customers and communities alike. With continued focus on innovation coupled with strategic expansion plans into new markets like Colombia; this Portuguese-based firm looks poised for continued success well into future decades!