GPA

Assaí Sees Fourth-Quarter Profit Up By 76%, Opens 21 New Stores

Brazilian cash & carry company Assaí Atacadista recorded a net profit of R$ 527 million (€90.5 million) in Q4 2021, up 76% year-on-year.

Brazil's GPA Sells Up To 17 Properties, Assai To Rent Them

Brazilian retailer GPA has reached a deal to sell up to 17 of its properties to investment fund Barzel Properties for about 1.2 billion reais ($234 million...

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...

Brazil's GPA Sees Online Sales Rising Fivefold In Four To Five Years

Brazilian food retailer GPA SA expects e-commerce sales to jump by more than five times over the next four to five years while maintaining margins, chief e...

Assaí Ends Year With 2021 Outlets, Targets 300 By 2022

Brazilian wholesale chain Assaí has reached the milestone of 200 shops with the opening of a new unit in Curitiba last week.

Brazil’s GPA, Assaí Reveal Network Expansion Plans

Brazilian large-scale grocery retailers GPA and Assaí Atacadista have both announced plans for new store openings in the period 2023-2024.

Brazil’s GPA Rolls Out New Proximity Store Format

Brazilian retailer GPA has rolled out Pão de Açúcar Fresh, a neighbourhood store format specialising in fresh food, perishables and he...

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 Assa&iacute...

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GPA

Assaí Sees Fourth-Quarter Profit Up By 76%, Opens 21 New Stores

Brazil's GPA Sells Up To 17 Properties, Assai To Rent Them

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

Brazil's GPA Sees Online Sales Rising Fivefold In Four To Five Years

Assaí Ends Year With 2021 Outlets, Targets 300 By 2022

Brazil’s GPA, Assaí Reveal Network Expansion Plans

Brazil’s GPA Rolls Out New Proximity Store Format

GPA And Assaí Approve Conversion Of Extra Hiper Stores

Brazil's GPA Settles Real Estate Dispute With Investment Fund

Casino Says It Is ‘Actively Fighting’ Deforestation In Latin America

Spinoff Of GPA's Wholesale Unit Boosts Combined Company's Market Cap By 10%

Groupe Casino Announces Study To Explore Assaí Spin-Off

Brazil’s Mercado Extra To Open 50 New Stores In 2020

Brazil's GPA Posts Q1 Loss As Overhaul Costs Outweigh Better Sales

Carrefour Brasil Q4 Net Income Rises 6.3% On Strong Sales