Brazil: latest retail news, insights and analysis | ESM Magazine

Carrefour Posts Double-Digit Sales Growth In Q1, Confirms Full-Year Outlook

French retailer Carrefour has reported like-for-like sales growth of 13.5% in the first quarter of its financial year on the back of the 'sound execut...

Brazil’s Supermarkets Break Through R$1trn Revenue Barrier

Brazilian supermarkets broke the barrier of R$1 trillion (€184 billion) in revenue last year, corresponding to 9.2% of GDP, according to the Brazilian...

DIA To Close More Than Half Its Stores In Brazil

Spanish food retail group DIA has announced that it will close 343 stores and three warehouses in Brazil following negative results for its business in the...

Spain’s Dia Reports ‘Strong’ Performance In FY 2023 With Profitability Growth

Spanish grocery retailer Dia's proximity strategy proved successful in its financial year 2023, with the retailer generating 'strong results' despite a cha...

Brazil's GPA Reports Sharply Narrower Fourth-Quarter Loss

Brazilian food retailer GPA, controlled by France's Casino, reported that its fourth-quarter loss narrowed to 303 million reais ($61.36 million), improving...

Carrefour Sees Sales Up In France Across All Channels

Carrefour has reported a 1.0% increase in like-for-like sales in its home market of France in the fourth quarter of its financial year, with sales increasi...

Carrefour Brasil Posts Fourth-Quarter Loss Following Store Closures

Carrefour Brasil posted a 565 million real (€105.7 million) net loss in the fourth quarter, compared with a 426 million real (€79.7 million) prof...

Spain's Dia Posts 3.1% Sales Growth In FY 2023

Spanish retailer Dia closed its financial year 2023 with like-for-like sales growth of 3.1%, to €7.65 billion, while fourth-quarter sales reached &eur...