Just Eat Takeaway would launch a supermarket delivery service in Germany
Amazon does not have to pay back Luxembourg tax advantage
The tax advantage that the European branch of Amazon enjoys in Luxembourg is legitimate, according to the EU’s General Court. The e-commerce giant therefore does not have to pay back 250mln euros in back taxes.
Sonae MC to accelerate rollout of Meu Super stores in Portugal
Portuguese retail group Sonae MC is planning to accelerate the rollout of its Meu Super franchised stores in Portugal and Cape Verde in 2021. Last year, the group opened 17 Meu Super proximity stores, taking the total to around 300 and generating revenue worth €171mln, corresponding to an annual growth of 14%. Since January, Sonae MC has already opened 7 Meu Super stores, out of a total of 25 planned for this year. Speaking to Dinheiro Vivo, the general manager of Meu Super, Tomás Lince Fernandes, said that for 2021 the plan is to accelerate the rate of new openings compared to the previous year.