Babies’R’Us to open first retail store in Brazil in late 2022
Approximately 20 freestanding Babies"R"Us stores are being planned to open in the market.
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Americanas buys Brazilian retailer Hortifruti from Partners Group
Hortifruti reported that 16% of its sales came from its digital channels last year.
Amazon Brazil offers one-day free delivery service
Amazon currently also offers its one-day delivery service in the US, Canada and the UK.
Etsy acquires Brazilian online marketplace Elo7 for $217m
Elo7’s existing leadership team will operate the company as a standalone marketplace once the deal has closed.
Carrefour Brazil to buy Grupo BIG from Advent International, Walmart
Multinational retail corporation Carrefour Brazil has agreed to acquire Brazilian food retailer Grupo BIG from Advent International and Walmart.
Brazil’s Lojas Le Biscuit reportedly planning IPO this year
Brazilian home-appliances retailer Lojas Le Biscuit SA is reportedly considering Initial Public Offering (IPO) this year.
Creso Pharma signs commercial distribution agreement with DHS
Pharmaceutical grade cannabis and hemp products provider Creso Pharma has entered into a commercial agreement with health and wellness market…
UK supermarkets urge Brazil to reject harmful forest law
Supermarkets across the UK, including Tesco, Sainsbury’s, Morrisons and Marks & Spencer, have signed an open letter urging Brazil to…
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