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26 results for “Brazilian retail”

Cash-Strapped Casas Bahia Faces B3 Deadline to Escape ‘Penny Stock’ Status
Brazilian retailer Casas Bahia, already in court-supervised restructuring, was warned by the B3 stock exchange to raise its stock price above R$1.00 by March 2027 or face regulatory action.

Brazil's Congress Eliminates Federal Import Tax on $50 E-Commerce Orders
The zeroing of the 20% Imposto de Importação on low-cost international purchases moves to President Lula for sanction, a move popular with consumers but opposed by domestic industry.

Brazil Congress Upholds Zero Tax on E-Commerce Imports Under $50, Finalizing ‘Taxa das Blusinhas’ Reversal
Brazilian Congress approves provisional measure eliminating the 20% federal import tax on international e-commerce purchases under $50.

S&P Downgrades Brazilian Retail Giant Azzas on Corporate Split, Weak Q2 Results
S&P National Ratings lowered Brazilian fashion group Azzas (AZZA3) credit rating and placed it on CreditWatch Negative, citing reduced scale from a spin-off.

Brazilian Congress Ends 'Blusinha Tax,' Squeezing Domestic Small Retailers With New Import Advantage
The Brazilian Congress approved a measure eliminating the 20% federal import tax on international e-commerce purchases up to US$50, intensifying competitive pressure on local small businesses.

Brazil Congress Eliminates Import Tax on $50 E-commerce Orders, Awaits Lula Sanction
Brazilian Congress approves MP to permanently zero the federal import tax on international purchases up to US$50, impacting retail competition.

Brazil’s Chamber of Deputies Approves End to ‘Blouse Tax’ on $50 E-commerce Imports
Brazil's Chamber zeroed the federal import tax on international purchases up to $50, boosting foreign e-commerce and sending the bill to the Senate.

Lula Government Axes ‘Blusinhas Tax’ on US$50 Foreign E-Commerce, Reviving Political Debate
Provisional Measure zeros 20% federal import duty on low-value international purchases, reversing an unpopular 2024 policy.

Casas Bahia Rent Default Exposes Single-Tenant Risk in Brazil’s Popular REITs
Brazilian retailer Casas Bahia's rent default on two properties caused an FII share price to plunge, highlighting risk in Real Estate Investment Trusts.

Casas Bahia CEO Warns Brazil’s Credit Crunch Will Worsen in 2027
Brazilian retail giant Casas Bahia filed for judicial recovery and its CEO warned macroeconomic conditions will be tougher in 2027.

Brazilian Retail Giant Casas Bahia Files for Judicial Recovery Amid R$17.3 Billion Debt Crisis
The iconic Brazilian retailer, Casas Bahia, filed for bankruptcy protection after a R$10.1 billion loss, signaling deepening strain in the consumer economy.

Casas Bahia Posts R$10.1 Billion Loss, Signals Potential for New Judicial Reorganization
Major Brazilian retailer Casas Bahia reports massive Q2 loss and signals potential court-supervised restructuring, deepening distress in the credit market.

Brazil’s Casas Bahia Posts R$10.1 Billion Loss, Signals Possible Court-Supervised Restructuring
Brazilian retailer Casas Bahia reported a record R$10.1 billion Q2 net loss and is evaluating a judicial debt restructuring.

Casas Bahia Delays Earnings Amid Mass Store Closures and Deep Financial Restructuring
Brazilian retailer Casas Bahia postponed its Q2 earnings report as it closes 298 stores and cuts 1,900 jobs to survive an acute financial crisis.

Assaí Denies Merger Talks with Private Giant Grupo Muffato as Strategic Board Maneuver Deepens Sector Speculation
Publicly listed Assaí denied any business combination with Grupo Muffato, but the private retailer's move to gain political rights is escalating Brazilian retail war.

Real Estate FII Sells R$109 Million Portfolio to Pão de Açúcar Amid Retailer's Debt Restructuring
Brazilian real estate fund TRXF11 sold three properties leased to GPA for R$109.25 million, netting a R$34.8 million capital gain.

Brazil’s Split Economy: Retail Boom Fueled by Jobs Lows Masks Primary Sector Price Drag
Consumer spending powers retail and service growth, while falling commodity prices hit Brazil's Agronegócio GDP.

Distressed Retailer Marisa (AMAR3) 2Q26 Earnings Signal Last Major Volatility Spike for Sector
Marisa Lojas' upcoming 2Q26 earnings report will be a crucial test of its cash position and turnaround plan amid a crisis in Brazilian retail.

Casas Bahia Q2 Earnings to Test if R$ 7.7 Billion Debt Restructuring Can Offset Net Loss
Brazilian retailer Grupo Casas Bahia (BHIA3) reports Q2 earnings, with focus on whether financial expense savings can finally outweigh strong operational gains.

Riachuelo (RIAA3) Reports Record 2Q26 Profit, Shifts to Aggressive Store Expansion
Brazilian retailer Riachuelo posted a record R$ 167.9M net income and 17.1% EBITDA margin for 2Q26, signaling operational strength.

GPA’s Turnaround Derailed by Debt: Q2 Net Loss Widens Despite Sharp Margin Improvement
Brazilian retailer GPA (PCAR3) posted a R$204 million net loss in Q2 2026, as operational gains were overwhelmed by high interest expense.

Selective Retail Growth Baffles Bears as Durable Goods Sales Outpace Weak Consumer Confidence
Brazilian retail sales volume grew 4.2% in Q2 2026, driven by durable goods and financing options, despite falling consumer confidence.

C&A Modas Faces Technical Pressure Ahead of Q2 Earnings
Brazilian retailer C&A Modas (CEAB3) faces short-term technical pressure as analysts assess market sentiment ahead of its Q2 earnings report on August 4.

GPA Denies Favoritism as 98% Approve Debt Restructuring
Brazilian retailer GPA (PCAR3) denies creditor favoritism in its R$ 4.5 billion debt plan, securing a 98% approval rate amid minor creditor disputes.

Assai Launches First Pharmacy in Sao Paulo to Drive Growth
Assai Atacadista enters the pharmaceutical sector with its first store in Sao Paulo, targeting higher margins and leveraging its 40 million monthly visitors.

Brazilian Retail Sales Suffer Worst June Slump Since Pandemic
The Cielo Extended Retail Index fell 2.8% in real terms in June 2026, marking the second consecutive month of worst-in-period retail performance since 2020.