Retail - Brazil

Carrefour Brazil Sees Third-Quarter Profit Dip On Slower Sales

Carrefour Brasil reported a nearly 60% year-on-year decline in net profit for the third quarter, hit mainly by lower sales in its retail unit.

Spain's Dia Sees Sales Up 4.5% In First Nine Months Of Year

Spanish retailer Dia Group has reported a 4.5% increase in sales on a like-for-like basis in the first nine months of the year, to €4.64 billion.

Pátria Investimentos Invests In Major Brazilian Wholesaler

Latin American investment fund Pátria Investimentos has acquired a 56% stake in wholesaler Atakarejo, a market leader in the Brazilian state of Bahi...

Brazil's Consumer Prices Rise Slightly Less Than Expected In August

Brazil's consumer prices as measured by the benchmark IPCA index rose slightly less than expected in August, data from government statistics agency IBGE sh...

Corn Slips On Record Brazilian Crop, Early US Harvest

Chicago corn futures eased on Thursday, trading close to three-year lows as record production in top exporter Brazil and supplies from an early U.S. harves...

Carrefour Registers Logo For New Wholesale Format in France

Carrefour has officially registered the logo of its new wholesale format in France, imported from the Brazilian market.

Chile's Cencosud Sees Net Income Up 163% In Q2 2023

Chilean multi-format retail holding company Cencosud reported net income of US$ 179 million (€164 million) in the second quarter of 2023, registering...

Brazil’s Grupo Mateus To Open 28 Stores By End Of 2023

Brazilian retailer Grupo Mateus plans to increase its number of store openings in the second half of 2023, with 28 outlets scheduled to open in this period...