Minuto Pão de Açúcar

Brazil’s GPA Triples Losses In Q4 2024

Brazilian retailer Grupo Pão de Açúcar (GPA) saw losses more than tripled in Q4 2024 to R$1.1 billion (€183.3 million), due to st...

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...

Carrefour Brasil Bets On Know-How To Expand Small Stores Operation

Grupo Carrefour Brasil has launched a franchise model of convenience stores in the Brazilian market, aiming to tap into its know-how from years of experien...

Brazil’s GPA To Invest R$ 1bn In Operations This Year

The CEO of Grupo Pão de Açúcar (GPA), Jorge Faiçal, said that gross sales in January rose by one digit on the previous month, w...

GPA To Open Minuto Pão de Açúcar Stores In Office Buildings

Brazilian retail group GPA is to open Minuto Pão de Açúcar stores in a number of office buildings, reports suggest. The stores will...