Stores close and mix changes

Grupo Dia recorded a 20% increase in net revenues in Brazil. The amount refers to the second quarter of 2020, in the annual comparison. In the period, the supermarket chain had 14% fewer stores in the country, due to closures in places considered unprofitable.
Since March, like-for-like levels have been recovered due to a new assortment strategy and the development of its own brand, the Day said.
In the quarter, net sales totaled 1.8 billion euros and comparable sales grew 15%, considering the entire operation (Spain, Portugal, Brazil and Argentina).