Wednesday, June 06, 2018

New owner of Walmart Brazil should accelerate the expansion atacarejo

After completing the purchase of 80% of the operations of the Walmart Brazil, the private equity firm Advent International invest in the expansion of the cash format & carry, known as atacarejo. At least that is the expectation of analysts surveyed by the newspaper Valor Econômico. Another bet, believe the experts, will be in stores in the neighborhood. Immediately, however, the new owner should set actions to reduce costs. Industry sources say, including the need for a shock. The retailer already has the flag Maxxi Attacked, but with performance much more discreet than rivals Atacadão (Carrefour) and Assai (GPA). Alexander van Beeck, Managing Director of GS & Consult, sees the possibility of the Advent accelerate conversion of super and hypermarket format stores to Maxxi flag atacarejos, same tactic already adopted by major competitors. "You will need to review the role of these large stores to increase profitability per square meter. The opportunity for the background is interesting, because Brazil is starting to get out of recession, and a well-structured player helps to develop the market, "believes the consultant.
Supermercado Moderno - 04/06/2018 News Item translated automatically
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