Retail - Brazil

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.

Assaí Atacadista Cuts 2025 Store Openings By Half

Brazilian self-service wholesale company Assaí Atacadista has revised its store opening plan for 2025, postponing some projects to accelerate the re...

Carrefour France Likely To See Improved LFL Sales Growth In Q3: Barclays

Carrefour is likely to see improvement in LFL sales to -2.2% in the third quarter from -3.5% in the second quarter, according to estimates from Barclays.

Grupo Mateus' Second-Quarter Profits Increase by 18%

Brazil's third-largest retailer, Grupo Mateus, has announced an 18% year-on-year increase in net profit to 347.5 million reais (€57.7 million) for the...

GPA Narrows Losses In Second Quarter, Revenues Rise 2.5%

Brazilian retailer GPA reported a loss of 332 million reais (€55.2 million) in the second quarter of the year, a 21.9% improvement year-on-year, while...