Brazil

Carrefour Sells 11 Stores In Brazil To Regional Group

Carrefour Brasil has sold 11 Nacional supermarkets in Brazil to the Rio Grande do Sul-based Osmar Nicolini Comércio group.

Justo Closes Brazilian Online Supermarket

Justo, a Mexican online grocery store, has shut down its operations in Brazil following a three-year run, citing the challenges in a competitive market.

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.

Arabica Coffee Prices Hit Record High Amid Concerns Over Brazil Output

Arabica coffee prices hit record highs as dealers fretted over Brazil's crop outlook after Volcafe, one of the world's largest coffee traders.

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.