Retail - Brazil

Brazilian Supermarket Sales Up By 1.6% On 2015

Brazilian supermarket sales rose by 1.58% in real terms during 2016, compared to the same period last year, according to the Brazilian Association of Super...

Carrefour Said To Plan IPO For Brazilian Unit In Q2

French retailer Carrefour is planning an initial IPO for its Brazilian unit by the second quarter of 2016, well-informed sources told Reuters. Carrefour...

Brazil’s GPA Sees 12.1% Growth In Q4 2016 Sales

Brazilian retailer and distribution group GPA reported net food sales of BRL 11.7 billion (€3.42 billion) in Q4 2016 (+12.1% year...

Brazilian Supermarket Sales See Highest Growth Since 2014

Brazilian supermarket sales in November 2016 registered the highest growth rate since the start of the consumer crisis in the second half of 2014. Accor...

Carrefour Brazil Opens 70th Express Outlet

Carrefour Brazil closed 2016 with the opening of its 70th Carrefour Express shop, reflecting the growing popularity of its convenience model in the South A...

Spain’s DIA Group Opens First Store In Rio de Janeiro

Spanish retailer DIA Group has opened its first stores in the Brazilian state of Rio de Janeiro. The company initially expects to open 32 establishments...

Brazilian Supermarket Sales To Grow by 1% in 2016

Brazilian supermarket sales in October 2016 grew by 0.71% compared to the same month in 2015 and by 4.78% in September 2016, according to the Brazilian Ass...

Groupe Casino Announces Disposal Of Furniture Retail Business Via Varejo

Retail giant Groupe Casino has announced that it is to dispose of its Brazil-based furniture and electronics retail business, Via Varejo. According to t...