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France-based Casino reported consolidated net sales up by 10.4% (same-store basis) in Q2 driven by strong demand across France and Latin America due to the COVID-19 pandemic. However, the group saw a net loss of €87 m during the first half of the year, mainly due to increased costs.  

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Carrefour reported Q2 results as like-for-like (LFL) sales increased by 6.3%. The strong results were driven by the good performance and omnichannel strategy in most markets including Spain, Belgium and Brazil. Q2: atypical activity due to COVID-19, convenience +19.0% LFL The multi format and omnichannel model confirmed its resilience and adaptation to the various shopper needs during the d...
DIA reported a 14.9% growth in like-for-like (LFL) sales in Q2 at a group level, while it was also able to report LFL growth in all its markets for the first time since Q4 2016. In Brazil LFL sales grew 14.7%. Net sales in Brazil were up 20% in local currency, but this was outweighed by a 28% devaluation of the Brazilian Real during the period. The strong results were despite DIA having sign...
Hirota, a Brazilian supermarket chain with around 35 stores in São Paulo, is opening micro stores (of between 15 and 30 sq. m) in adapted shipping containers. They are being opened in common areas of residential condominiums and are aimed at supporting communities by enabling them to buy groceries on their doorstep during the Covid-19 pandemic. "With the pandemic, we realised that many did ...

Presentations

24/06/2020
In 2019, LetterOne Retail became the majority owner of Spanish retailer DIA Group. Its ‘Make DIA a Champion’ strategy aims to turn the business's performance around in five years.
15/06/2020
We look at Amazon's commercial performance, its strategic priorities for the next five years, and the implications for retailers and manufacturers.
12/06/2020
We visited GPA's flagship Minuto Pão de Açúcar convenience store, located on the famous Paulista Avenue. It is the business' first 24-hour convenience store and the first to pilot its Scan & Go payment technology.
View all presentations

Key presentation

This guide to Brazil explores the key trends in grocery retail, the outlook for the market over the five year forecast period and the growth strategies of country’s leading retailers.

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