Brazil’s Largest Retailer to Open 100 Stores
December 20, 2012
Brazilian grocer Grupo Pão de Açúcar plans to open 100 new mini stores in 2013, according to Reuters. The company, which is Brazil’s largest retailer, will introduce the small-format concept under the banner Minimercado Extra. In addition to focusing on its small neighborhood supermarkets, the company also plans to expand its presence in Brazil’s northeast and center-west regions.