14 July 2014
Casino-owned, Brazil-based GPA has announced second quarter net sales rose by 13.4% to BRL15.2 billion (USD6.8 billion), aided by a positive calendar impact, continuing high inflation in the country and the addition of 116 new stores in the last year.
Food outperforms for GPA
GPA said that while net sales for the total business rose by 13.4%, they were up by 14.5% at its food businesses, Mu...