BRAZIL. FOOD RETAILERS GET READY FOR THE BIG NEXT BOOM

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23 May 2017 à 19h46

Updated on 10 May 2019 à 17h47

Reading time

2 minutes

Publication: 23 May 2017 à 19h46, Updated on 10 May 2019 à 17h47

Reading time: 2 minutes

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Publication

23 May 2017 à 19h46

Updated on 10 May 2019 à 17h47

Reading time

2 minutes

Publication: 23 May 2017 à 19h46, Updated on 10 May 2019 à 17h47

Reading time: 2 minutes

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For Casino, Carrefour and Wal-Mart, one of the next big battlegrounds is several thousands of kilometres away.

In Q1 2017, Casino’s Brazilian unit “GPA” reported an almost 6% uplift in like-for-like sales, matching Carrefour’s performance for the first time in more than two years. For GPA, the “cash & carry” Assai stores generated 38% of Brazilian revenue in Q1 and became a key focus. This year, Casino plans to open 8 Assai units and to convert up to 20 hypermarkets into this format. It...

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