Sonae SGPS SA
Sonae SGPS SA is engaged in retailing, with major partnerships in the shopping center and telecommunications sectors. The company operates through Sonae MC and Sonae SR. Sonae MC is responsible for the food retail area. It is a retail market leader in Portugal with a number of distinctive formats, which offer a varied range of high quality products at the best prices: Área Saúde (para-pharmacies), Bom Bocado (restaurants), Book.it (book shop/stationery), Continente (hypermarkets) and Modelo (supermarkets). Sonae SR has a range of brands in benchmark positions in their respective market segments. The offer is wide ranging: Loop (footwear), Modalfa (clothing), SportZone (sports clothing and equipment), Vobis (computer equipment), Worten (white goods and consumer electronics), Worten Mobile (mobile telecommunications)and Zippy (clothing for babies and children). It was founded in 1959 and is headquartered in Maia, Portugal.