Assaí

Assaí Ends Year With 2021 Outlets, Targets 300 By 2022

Brazilian wholesale chain Assaí has reached the milestone of 200 shops with the opening of a new unit in Curitiba last week.

GPA And Assaí Approve Conversion Of Extra Hiper Stores

Brazilian retailers GPA and Assaí have approved the conversion of Extra Hiper stores to cash-and-carry format, which will be operated by Assaí...

Spinoff Of GPA's Wholesale Unit Boosts Combined Company's Market Cap By 10%

Brazilian food retailer GPA SA's spinoff and listing of its Assaí wholesale unit has boosted the combined company's market capitalisation by 10%, hi...

Groupe Casino Obtains Approval For Listing Assaí Shares

The Brazilian subsidiary of Groupe Casino, Companhia Brasileira de Distribuição (GPA), has obtained the authorisation to list the shares issu...

Groupe Casino Announces Study To Explore Assaí Spin-Off

Groupe Casino has said that its Companhia Brasileira de Distribuição (GPA) subsidiary in Brazil is undertaking a study to explore the potenti...

Groupe Casino Sees Profits Down, Pledges To Maintain Asset Disposal Plan

French retailer Groupe Casino has achieved a 2019 group operating profit of €1.292 billion, down 3.1% at constant exchange rates. The group said on...

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)....

Brazil's GPA Sees Sales Growth Of 12.4% In Q1 2019

Brazilian retailer GPA has reported a 12.4% growth in sales to R$13.8 billion (€3.1 billion) in the first quarter of 2019. On a like-for-like basis...