Retail - Brazil

Carrefour Brasil Sees 3.4% Drop In Q2 Net Profit

Carrefour Brasil has reported a net profit of R$299 million (€79.3 million) in the second quarter of 2017, down by 3.4% on the same period last year....

Carrefour Opens New Hypermarket In São Paulo

French retailer Carrefour is opening its first hypermarket store in São Paulo, Brazil. The store is over 5,600 square metres in size, and feature...

Brazil's GPA Sees 9% Growth In Q2, Boosted By Cash & Carry Sales

Brazilian retailer Grupo Pão de Açúcar (GPA) posted a net profit of R$165 million (€44.7 million) in the second quarter of 2017,...

Carrefour Brasil Makes Strong Start On Brazilian Stock Exchange

Carrefour Brasil has made its debut on the BOVESPA Brazilian Stock Exchange with a market value superior to that of its main competitor, Grupo Pão d...

Carrefour's Brazil IPO To Hand Banks Highest Fees In Eight Years

Brazil’s long-suffering IPO bankers are headed toward their biggest payday in eight years. This month’s initial public offering for Carrefou...

Carrefour Files IPO For Brazil Operation

French retailer Carrefour has announced that Atacadão, the parent company of the retailer's activities in Brazil, filed its initial public offering...

Spain’s Dia Sees 4.1% Like-For-Like Sales Increase In First Quarter

Spanish retailer Dia has posted a 4.1% increase in comparable sales in the first quarter of its financial year, driven by a contribution of 0.8% from its I...

Brazil Retailer GPA Jumps Most In Six Years After Matching Rival

French retail giants Carrefour SA and Casino Guichard-Perrachon SA have spent years battling for dominance on their home turf. Their new big battleground i...