19 November 2021
Early in 2021, Brazilian retailer GPA (part of the French retail Group, Casino) span off its successful cash and carry format, creating two separate retail businesses (GPA and Assaí).
On October 14 (2021), it announced it was divesting its Extra hypermarket business, selling off 71 stores to Assaí, converting 28 to its supermarket banners (Pão de Açúcar and Mercado Extra) and closing the r...