Retail - Brazil

Carrefour Brasil Divests Eight Stores To Muffato and Festval

Carrefour Brasil has offloaded eight Nacional stores in the Brazilian city of Curitiba to local retailers Muffato and Festval.

JDE Peet's To Raise Coffee Prices In Brazil By 30%

JDE Peet's will raise coffee product prices in Brazil by an average of 30% next year after a near doubling in prices this year.

Brazil's Inflation Rises Above Forecast In November Ahead Of Rate Decision

Brazil's inflation exceeded expectations in November, official data showed, ahead of a widely anticipated acceleration in the monetary tightening cycle.

Grupo Mateus Reports 21% Net Profit Growth In Q3

Brazil’s Grupo Mateus announced a 20.9% year-over-year increase in third-quarter net profit, reaching R$379.2 million (€62.3 milion).

Chile's Cencosud Reports Growth In Net Income In Third Quarter

Chile's Cencosud saw reported net income rise by 95.2% in the third quarter of 2024, reaching CLP 88.4 billion (€85 million).

Brazil’s GPA Reports Net Loss Of 76% In Third Quarter

Brazilian grocery retailer GPA reported a net loss of R$311 million (€51 million) in the third quarter of 2024, representing a 76% decrease compared t...

Brazil’s Assaí Atacadista Sees Revenue Go Up By 9.3% In Third Quarter

Brazilian retailer Assaí Atacadista has reported a 9.3% increase in revenue in the third quarter of its financial year, to R$ 20.2 billion (€3....

Carrefour Reports An ‘Eventful’ Third Quarter, With LFL Sales Up By 8.8%

Carrefour has reported improved performance in the third quarter of its financial year as consumer behaviour continued to recover across France and Europe.