Hundreds of new convenience stores set to open in Brazil

Date : 24 November 2021

Oliver Butterworth

Senior Analyst

In recent years, expansion of the proximity (convenience) channel has been fairly stagnant in Brazil. As of Q3 2021, the countries’ two largest retailers (Carrefour and GPA) operated just 371 stores between them. For a country of Brazil’s magnitude this feels like a missed opportunity, particularly…
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