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Brazil's GPA sees its wholesale unit Assaí reaching 50 billion reais ($11.91 billion) in gross sales by the end of 2022 from expected 30 billion reais this year, as the food retailer continues to or
Brazilian supermarket group Grupo Pão de Açúcar SA has signed a deal with drugstore chain RD SA to create a loyalty program joint venture expected to start in the second half of 2020, both companie
Brazilian supermarkets chain Grupo Pao de Acucar SA has teamed-up with a local brewery to launch its own craft beer brand, a move likely to boost the share of in-house products in its total sales to o
Brazilian retailer Grupo Pão de Açúcar SA expects better sales after it completes supermarket conversions and renovations in early 2020, its chief executive said on Thursday. "Consumption prospect
Companhia Brasileira's (CBD) reports strong Assai unit sales in the third quarter of 2019. E-commerce sales at Multivarejo surge.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and thes
Outlook for Supermarkets Industry Rosy on Omnichannel Strength
Companhia Brasileira (CBD) is battling macroeconomic headwinds and hurdles related to high investment costs. However, the Assai segment continues to stand strong.

New Strong Sell Stocks for July 16th

09:30am, Tuesday, 16'th Jul 2019
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today.

New Strong Sell Stocks for July 12th

03:25pm, Friday, 12'th Jul 2019
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today
Brazilian food retailer GPA SA plans to open its first store to test technologies such as facial recognition and "scan & go" shopping by year-end, following in the footsteps of parent company Casino,
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