Atacadão

SHV Seeking Up To €591 Million For Brazilian Makro Stores

Dutch group SHV is selling its remaining Makro cash & carry stores in Brazil and has already contracted Santander bank to manage the sale.

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...

Carrefour Brasil To Keep Capex Below $70m In Makro Conversion To Atacadão

Carrefour Brasil SA expects to keep capital expenditure to convert 30 stores acquired from smaller rival Makro into its Atacadão wholesale format be...

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 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)....

Retailer Carrefour's Atacadao Arm To Book Provisions On Brazilian Tax Dispute

French supermarket retailer Carrefour said on Monday that its Brazilian unit Atacadão would book a provision to cover for risks related to a Brazili...

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...