Retail - Brazil

Carrefour Brasil Posts Small Rise In Q2 profit, Notes Inflation Pressures

Carrefour Brasil said that its second-quarter adjusted net profit edged up 1.3% from a year earlier, citing solid sales despite inflation pressures.

Carrefour Brasil Anticipates R$2bn In Synergies From Grupo Big Acqusition

Grupo Carrefour Brasil is forecasting R$2 billion (€371 million) in synergies by 2025 following its acqusition of Grupo Big.

Kaufland Achieves Strong Score In WWF Deforestation Scorecard

Kaufland has scored highly for its efforts to preserve forests and other ecosystems and to ensure compliance with human rights in the supply chain, in an a...

Assaí Sees Fourth-Quarter Profit Up By 76%, Opens 21 New Stores

Brazilian cash & carry company Assaí Atacadista recorded a net profit of R$ 527 million (€90.5 million) in Q4 2021, up 76% year-on-year.

Spain's DIA Says Fridman Has 'No Controlling Interest' In Business

Spain’s Grupo DIA has rejected claims that Russian businessman, Mikhail Fridman, has a controlling interest in the retail group.

Brazil's GPA Sells Up To 17 Properties, Assai To Rent Them

Brazilian retailer GPA has reached a deal to sell up to 17 of its properties to investment fund Barzel Properties for about 1.2 billion reais ($234 million...