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grupo pão de açúcar

October 12, 2011

Brazil’s Grupo Pão de Acúcar, controlled by the Diniz family, has notched up impressive third-quarter revenues for 2011 on the back of the country’s rapidly growing economy.

Brazil’s Grupo Pão de Acúcar, controlled by the Diniz family, has notched up impressive third-quarter revenues for 2011 on the back of the country’s rapidly growing economy.

The supermarket chain, headed by family member Abilio dos Santos Diniz, said in a statement that its net sales rose by 56% to R$11.08 billion (€4.5 billion), while its same-store revenues increased by more than 10% year-on-year.

August 15, 2011

The Walton family’s Walmart is reportedly looking at the possibility of expanding its operations in Brazil, after saying last year it was disappointed with its results in the South American country.

The Walton family’s Walmart is reportedly looking at the possibility of expanding its operations in Brazil, after saying last year it was disappointed with its results in the South American country.

According to the Financial Times, the US retail giant, which is due to report its earnings tomorrow, has hired UBS to examine a potential bid for Carrefour’s Brazilian operations, despite the French company claiming the business is not up for sale.

November 1, 2007

In the past few years Brazil has become one of the fastest growing emerging markets in the world. Rodrigo Amaral analyses what impact this has had on the country’s family businesses and the unprecedented rise of the IPO …

Rodrigo Amaral is a freelance journalist based in the UK.

In the past few years Brazil has become one of the fastest growing emerging markets in the world. Rodrigo Amaral analyses what impact this has had on the country's family businesses and the unprecedented rise of the IPO …

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