In February 2020 DIA Group appointed Marcelo Maia as the new Executive President of DIA Brazil. Maia brings a wealth of local market knowledge, with over 20 years’ experience working in distribution sector.      Source: Linked In – DIA Brazil Maia to drive business transformation in Brazil DIA Brazil is going through a comprehensive business transformation. Maia will be at the helm ...

Carrefour Brazil has reached an agreement to acquire 30 cash and carry stores from Makro’s Brazilian subsidiary. The transaction, which must still be approved by the domestic antitrust watchdog CADE is valued at BRL1.95 bn (US$450m). The move, which Alexandre Bompard (Carrefour Group’s chairman and CEO) has described as being “Carrefour Group’s most significant move in Brazil since the acquis...

Carrefour Brazil has reported annual gross sales of BRL59.4 bn* (US$14.1 bn), a 11% growth year-on year. Q4 sales reached BRL16.8 bn* (US$4 bn), representing growth of 11.4%. The performance was driven by strong like-for-like growth of 7.6%. Q4 LFL sales for its core estate was 12.7% in Q4 (up from 8.8% in Q3), its highest quarterly like-for-like (LFL) growth in five years.  * ex-petrol ...