Brazil Retail Sales Rise for Second Straight Month, but Stone Says Recovery Still Unclear
Retail

Brazil Retail Sales Rise for Second Straight Month, but Stone Says Recovery Still Unclear

Income-linked essentials lifted Brazil's Stone retail index 0.9% in July, while credit-dependent goods fell; the group s...

Orla Fitzpatrick 👁 53 💬 0
Why Casas Bahia Is Back on the Brink of a Brazilian Retail Restructuring
Retail

Why Casas Bahia Is Back on the Brink of a Brazilian Retail Restructuring

A R$10.1 billion quarterly loss, collapsing inventories and an anchor investor that walked away have pushed Casas Bahia ...

Orla Fitzpatrick 👁 44 💬 0
Casas Bahia Reports R$10.1 Billion Loss and Puts Judicial Recovery Back on the Table
Companies

Casas Bahia Reports R$10.1 Billion Loss and Puts Judicial Recovery Back on the Table

Brazilian retailer posts an 18-fold increase in quarterly net loss, closes 298 stores and says formal debt restructuring...

Declan Byrne 👁 62 💬 0
C&A Brazil Bets on New Store Format as Sales Grow Double Digits, CEO Says
Retail

C&A Brazil Bets on New Store Format as Sales Grow Double Digits, CEO Says

The retailer plans to convert at least 25 of its 341 stores a year to the open-facade Energia model and is expanding its...

Orla Fitzpatrick 👁 45 💬 0
Riachuelo's Record Q2 Profit Masks Slower Sales, Margin Gains Shine
Companies

Riachuelo's Record Q2 Profit Masks Slower Sales, Margin Gains Shine

Brazilian apparel retailer Riachuelo posted a record second-quarter net profit of R$168 million, up 36.2% year-on-year, ...

Declan Byrne 👁 35 💬 0