A specific feature of Brazilian retail parks has flourished over the past year, but analysts believe it can continue to grow. It’s called atacarejo — a portmanteau of “atacado” (wholesale) and “varejo” (retail) that is used to describe a kind of store that offers the buy-in-bulk advantages of a cash-and-carry for traditional supermarket customers.
State of play. According to NielsenIQ (NIQ), which monitors over 1 million points of sale in Brazil, the segment saw its sales rise by 14.4 percent in 2023 from a year before, above the average retail food growth of 10.9 percent.
Be smart. Different from previous years, however, factors such as inflationary easing, a resilient job market, and Brazilians’ higher purchasing power boosted by income transfer programs and the growth of workers’ wage bills also contributed to increasing the volume of products purchased (7.6 percent). In other words, Brazilians were able to buy more items at each visit to these stores.
What they are saying....
Brazil’s National Institute for Space Research (Inpe) revealed on Wednesday consolidated data showing a 21.8…
Eve Air Mobility, a startup spun off Embraer’s innovation arm Embraer-X years ago, unveiled a…
Weather forecasts from the south indicate that the climate emergency in Rio Grande do Sul…
Brazil's southernmost state is underwater after days of severe heavy rains, with the human and…
Residents complain that the official response to catastrophic floods in Rio Grande do Sul state…
Congress enacted a state of calamity that will be valid through the end of the…