Retail - Brazil

Brazil Posts Worst July Retail Sales Performance In 15 Years

Brazil’s retail sales fell more than expected by analysts in July, marking the worst performance for that month in 15 years, as rising unemployment t...

Brazil’s Retail Sales Unexpectedly Fall In May

Brazil’s retail sales unexpectedly fell in May and no recovery is expected in the third quarter as Latin America’s largest economy struggles to...

Casino Revenue Advances At Fastest Pace in Two Years On Brazil

Casino Guichard-Perrachon SA, the French grocery retailer targeted by short seller Carson Block, reported second-quarter revenue that beat analysts’...

GPA Posts Biggest Drop Since October On Decline In Profitability

Cia. Brasileira de Distribuicao SA, the Brazilian retail giant, fell the most in seven months in Sao Paulo trading after the company said increased competi...

Sonae Sierra Q1 Profits Rise by 31%

The property arm of Portuguese retail company Sonae has recorded a 31 per cent net profit growth in Q1 2016. Sonae Sierra, its international retail prop...

Brazil's Retail Sales Unexpectedly Jump By Most Since 2013

Brazil’s retail sales unexpectedly rose in February by the most since July 2013, carried by a surprise surge in sales of furniture and appliances....

Brazilians Scrimp, Save In Unwelcome Surprise For Investors

Mariele Santarosa limits her social outings and shopping now that business at her Sao Paulo dental practice has dropped 80 per cent in a year, a victim of...

Wal-Mart Brazil Closes Nearly 60 Stores

Wal-Mart has closed nearly 60 of its stores in Brazil, representing more than 10 per cent of its locations in the country, reports Reuters People famili...

Subscribe Today

Brazil Mid-September Inflation Slows Less Than Analysts Forecast