Markets/Brazil

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Casino Q1 shows sales fall, but profits rise

Casino said net sales fell by €1.1 bn to €7.1 bn in Q1 2021 versus the year before. Net sales fell by €467m in France, where strong growth at Cdiscount offset challenges elsewhere, while they decreased, in euro terms, by €680m in Latin America. However, the retailer noted the sharp improvement in its profitability during the quarter, with its EBITDA rising by €22m to €429m, driven by its on-going cost saving and operational efficiency plans.

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Carrefour Q1 results: five key takeaways
Carrefour reported turnover rose 2.2%, at constant exchange rates, to €18.56 bn. Its performance in Latin America and Asia drove top line growth, while in like-for-like terms the retailer saw a benefit from its operations in France and Latin America. Its first quarter results enabled it to confirm its operational and financial objectives, which it laid out as part of its 2022 strategic plan. T...
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Carrefour opens its first autonomous convenience stores in Brazil
At the end of March 2021, Carrefour Brazil opened its first two fully autonomous stores. The stores use scan & go technology, which Carrefour is using in 40 Express stores, however these are its first unstaffed stores. "We already have 40 stores with the scan & go system. Our innovation area is conducting robust work to create an ecosystem that connects all of our businesses in one applicatio...
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DIA: 2020 results and future strategies
DIA said as part of its 2020 FY results its consolidated sales increased by 0.2% to €6,882m, compared to 2019. DIA continues to make improvements DIA’s sales increased 0.2%, despite a decrease in its store network by 6.9%, across Spain, Portugal, Brazil, and Argentina. The group achieved the sales increase despite the headwinds of tourism levels in Spain and Portugal being low due to COVID-...
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Presentations

The Americas grocery market sizes 2020-2022
05/05/2021
This report will help you understand the importance of key markets in North America and Latin America, including the USA, Canada, Brazil, Mexico and Colombia, and their prospects through to the end of 2022.
How COVID-19 changed global food retail markets
18/02/2021
Most global food retail markets experienced accelerated growth during 2020 as consumer spending on food shifted from out-of-home to at-home. In this report we look at the impact on growth across major markets in 2020 and the prospects through to 2022.
Brazil Country Presentation
05/02/2021
This guide to Brazil explores the key trends in grocery retail, the outlook for the country’s differing channels to 2022 and the growth strategies of its leading retailers.
View all presentations

Key presentation

Brazil country presentation

This guide to Brazil explores the key trends in grocery retail, the outlook for the country’s differing channels to 2022 and the growth strategies of its leading retailers.

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Data

Use our COVID-adjusted forecasts on over 400 retailers in over 180 countries

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