E-commerce Grows 15%, Says Mastercard
3/5/2020 -
Brazilian e-commerce grew 15.1% in January compared to the same period a year earlier, according to Mastercard SpendingPulse, an indicator of overall retail spending trends in all types of payments. The total sales volume of January, not counting automobiles, construction materials, restaurants and bed, table and bath, advanced 1.1%. In relation to the regions, the Southeast had an increase of 2.1%, the South grew 0.7% and the Northeast, 0.2%. In turn, the North recorded a drop of 0.9% and the M
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Easter Egg Prices Rise 2% in 2020
3/5/2020 -
The price of Easter eggs is expected to rise by 2% compared to 2019. The projection is from the Paulista Association of Supermarkets (Apas). Although the price of cocoa and sugar has remained stable over the past 12 months, the dollar's recent rise counterbalances the price for consumers, such as dyes and milk, explains Apas economist Thiago Berka. According to the Brazilian Chocolate Industry Association,
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Retail Grows 2.2% in February in São Paulo
3/5/2020 -
The sales movement in the city of São Paulo (SP) grew 2.2% in February, compared to the same period in 2019. The number is from the Sales Balance Sheet prepared by the Commercial Association of São Paulo (ACSP). The highlights were the term sales, which are usually of higher value and grew 2.8%. Spot trading also advanced, but at a lower intensity, with an increase of 1.6% compared to the previous year. The average forward and spot sales result in a 2.2% increase for February. Compared to Januar
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OLX announces purchase of Zap Group for R$ 2.9 billion
3/5/2020 -
The online classifieds company OLX announced on Tuesday (3) agreement to buy the real estate services group ZAP for R $ 2.9 billion, in a transaction financed by its two European shareholders. The payment will be made in cash and the transaction will still go through the evaluation of the Administrative Council of Economic Defense (Cade).
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Tourism company revenues grow 2.2% in 2019
3/6/2020 -
The turnover of companies in the tourism sector grew 2.2% last year to R$ 238.6 billion, according to a survey by the National Confederation of Trade in Goods, Services and Tourism (CNC), conducted in partnership with Cielo, which will be released today. The number of companies grew, but less: 35,692 new jobs were created, an increase of 1.2%.
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GPA confirms sale of 43 stores for R$ 1.25 billion to the manager TRX
3/6/2020 -
The Pão de Açúcar Group (GPA) closed the sale of 43 properties for R$ 1.24 billion to investment funds managed by BRL Trust Distribuidora and managed by TRX Gestora de Recursos, reported in a relevant fact, on the night of Thursday (5). The contract guarantees the maintenance of the rental of the properties to the company.
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Vamos's ipo can move up to R$ 1.5 billion
3/6/2020 -
The heavy vehicle rental company Vamos, controlled by logistics company JSL, announced on Thursday (5) the timing of its initial stock offering, which can move up to R $ 1.5 billion.
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CVC President resigns and will be replaced by former Smiles
3/6/2020 -
The tour operator CVC announced on Thursday (5) that its chief executive, Luiz Fogaça, submitted a request for resignation and that the board of directors of the company approved the appointment of Leonel Andrade to replace him.
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