Monday, March 02, 2020

Supermarket Closes Units and Has Injury

Grupo DIA recorded net sales of 6.87 billion euros in 2019, down 9.3% year-on-year. According to the network, results in Brazil worsened in 2019, affected by a negative effect of 93.7 million euros related to the company's restructuring process. In 2018, the company had recorded a positive result of 54 million euros in the Brazilian market. At the end of 2019, The Day had 880 stores in Brazil, after the closing of 321 units and the opening of another 29. Overall, the Day's loss more than doubled in 2019, from 352.6 million euros to 790.5 million euros.
Giro News - 28/02/2020 News Item translated automatically
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