GPA: latest news, analysis and trading updates | ESM Magazine

Walmart Brasil Targets Growth Following Grupo BIG Rebrand

One year on from its acquisition of a majority stake in Walmart Brasil, investment fund Advent International has announced major changes in strategy at its...

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...

GPA and Carrefour Brasil Report Profit Growth In Q2

Brazil’s leading grocery retailers - GPA and Carrefour Brasil - have reported profit and revenue growth in the second quarter of 2019. Both compan...

French Retailer Casino's Brazil Arm To Buy Out Colombian Unit

Retailer Casino said on Thursday that it plans to restructure its Latin America business through its Brazil and Colombian units in a move aimed at improvin...

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...

Brazil's GPA To Focus On Expansion and Store Optimisation

Brazilian retailer Grupo Pão de Açúcar (GPA) has announced plans to invest up to R$1.8 billion (€421.7 million) in 2019 for expan...

Brazilian Retailer GPA's Food Division Sees Revenue Up 12% In Q4

Net sales revenue at Brazilian retailer GPA SA's food division rose 12% year-on-year in the fourth quarter to R$14 billion (€3.3 billion), according t...

Carrefour Brasil and GPA To Invest R$1.8bn Each In 2019

Leading Brazilian retailers Carrefour Brasil and GPA are planning to invest R$ 1.8 billion (€403.3 million) each in 2019, in their respective store po...