Retail - Brazil

Spain's DIA Completes 'First Phase' Of Business Transformation Process

Spanish retailer DIA has said that it has completed the 'first phase of its business transformation, with the establishment of a series of country chief ex...

Carrefour Brasil's E-Commerce Surges, But Coronavirus Costs Curb Gains

Carrefour Brasil has seen its e-commerce sales more than triple over the past month as Brazilians have stocked up on food and other supplies during coronav...

Brazilians Buying More Commodity, Cleaning Products As COVID-19 Spreads

The outbreak of the coronavirus has significantly impacted shopping habits in Brazil, where sales across some 150 retail chains are growing exponentially w...

Carrefour Brasil Q4 Net Income Rises 6.3% On Strong Sales

Brazilian food retailer Carrefour Brasil SA has reported a 6.3% increase in fourth-quarter net income year-on-year as strong sales continued to fuel growth...

Brazil's GPA Says May Sell $700m In Assets In Coming Months

Brazilian supermarket chain GPA SA could sell more than R$3 billion ($683.99 million) in assets in the coming months, its chief financial officer said on T...

Carrefour Brazil Acquisition Indicates Continuing Fusion Of Retail And Wholesale

The announcement by Carrefour Brazil that it is to acquire 30 cash and carry stores from Makro, and convert them to the Atacadão format, further und...

Carrefour Negotiating Purchase Of Makro Assets In Brazil, Reports Suggest

French retailer Carrefour is in the final phase of negotiations for the acquisition of assets of cash and carry wholesaler Makro in Brazil, reports suggest...

Brazil's GPA Sees Sales Boost In Fourth Quarter

Brazilian retail market leader GPA has reported a 24% increase in total gross sales in the fourth quarter of 2019, to R$ 18.9 billion (€4 billion)....