GPA E-commerces Double Sales on Date
12/5/2019 -
The GPA, which operates the e-commerces of Pão de Açúcar, Pão de Açúcar Adega and Clube Extra, more than doubled sales during Black Friday, compared to the same promotional date last year. Between Thursday and Friday (28 and 29) last week, the sites sold more than 3.1 million items, driven by the performance of the beer category, which grew 179% and sold more than 1.8 million units. In wines, the advance was 64%. Another major segment was disposable, such as toilet paper (growth of 100%) and dia
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Brazil's supermarket sales grow 5.78% in October, says Abras
12/5/2019 -
Supermarket sales in Brazil in October grew 5.78% compared to the same period in 2018 and 4.3% over September, the industry entity, Abras, reported wednesday (4), citing deflated data.
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Flow in malls on Black Friday shoots 14%
12/5/2019 -
The flow of people in shopping malls on Black Friday day soared 13.9% in 2019 compared to the same period last year, according to the Iflux index, which points to stronger retail expansion in the last quarter of the year. The indicator was developed by IBOPE Inteligência, from the information of Mais Fluxo and with the support of Tendências Consultoria.
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Business sector bets that government will close climate agreement
12/5/2019 -
The Brazilian Business Council for Sustainable Development (CEBDS), which represents 60 companies from large Brazilian business groups, is hugely expected that the government will flexibilize its position at the Climate Conference, which takes place until the day 13 in Madrid, around the cooperation mechanisms for the creation of a global carbon market. At the 2018 Conference in Poland, Brazil barred the negotiation. CEBDS has been articulating with the Ministry of Finance for the country to mov
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Construction Sales Grow 8% in October
12/6/2019 -
The construction sector recorded an 8% growth in sales in October, compared to the previous year. Compared to September, the advance was 6%. The data are part of a survey by the National Association of Construction Material Traders (Anamaco). According to the entity, the movement in sales was driven by the release of fgts resources and an improvement in the economy. In the year, growth is 4% and, in the last 12 months, in 5%. Four regions improved: Southeast, where sales grew 8%; North and Sout
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GM and LG Chem invest $2.3 billion in u.S. electric vehicle battery plant
12/6/2019 -
General Motors and South Korean LG Chem said Thursday (5) that they will invest $2.3 billion in a battery cell plant in the Electric Vehicle Joint Venture in Ohio, creating one of the world's largest battery facilities.
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Taurus opens U.S. factory with $42 million investment
12/6/2019 -
Brazilian weapons manufacturer Taurus today inaugurated the new plant and operations center in the United States with a total investment of US$ 42 million.
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BTG Pactual buys Exame magazine
12/6/2019 -
BtG Pactual bank acquired on Thursday (5) Exame magazine, grupo Abril, for R$ 72.374 million.
The magazine was sold through an auction held in São Paulo. Only BTG participated in the dispute.
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