Grupo Pão de Açúcar: latest news, analysis and trading updates | ESM Magazine

Casino Agrees Initial Deal To Sell Stake In Éxito Group

French supermarket chain Casino said it has agreed an initial deal to sell its stake in Latin American retailer Almacenes Éxito to Grupo Calleja.

Carrefour Tops Brazilian Supermarket Rankings For Seventh Year

For the seventh year in a row, Carrefour is the Brazilian supermarket chain with the highest annual turnover, ending 2022 with a turnover R$ 108.1 billion...

Groupe Casino Sees Sales Slow In First Quarter

Sales growth at French retailer Groupe Casino slowed in the first quarter, the company said, dragged down by its supermarkets and hypermarkets in its core...

Casino To Step Up Promotions As Cost-Of-Living Crisis Weighs On French Sales

French retailer Casino vowed on Tuesday to spend more on promotions this quarter to help cash-strapped shoppers after sales at its Géant hypermarket...

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...

Groupe Casino Makes Further Progress On Latin America Simplification

Groupe Casino has signed agreements with Latin American businesses Grupo Pao de Acucar (GPA) and Éxito in view of the forthcoming launch by GPA of a...

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...

Walmart Brasil To Convert Hypermarkets To Cash And Carry Outlets

Walmart Brasil has announced plans to convert its hypermarkets into cash and carry and membership-only retail warehouses. As a part of the plan, it will...