S\u00e3o Paulo \u2013 Brazilian supermarkets are going to invest 3.877 billion reals (US$ 1.775 billion) this year. The figure is part of a survey by the Brazilian Supermarket Association (Abras) and represents growth of 4.4% over last year. In 2008, the bulk of investment went to new stores and renewal of existing ones. <\/p>\n
Supermarket industry revenues totalled to 158.5 billion reals (US$ 72.5 billion) last year, also according to the research. There was real growth of 10.5% and nominal growth of 16.3% as against the previous year. <\/p>\n
The industry’s average net profit was equivalent to 2.12% of revenues in 2008, according to the research. It was the highest expansion since the research started being made, in 1999. Last year, there were 75,725 supermarket units in Brazil, a volume 1.5% higher than in 2007. <\/p>\n
The three largest chains in the country were responsible for 38% of sector revenues. Market concentration saw a reduction of only 1% over 2007. The five largest companies retained a market share of 41%. <\/p>\n
Cards continue to increase their share as a form of payment, and already account for 52.8% of revenues. Cash, however, still answers to 32.6% of payments.<\/p>\n
*Translated by Gabriel Blum <\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
The information was culled from a Brazilian Supermarket Association research and represents growth of 4.4% over investment made in 2008. Industry revenues last year totalled US$ 72.5 billion.<\/p>\n","protected":false},"author":2316,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-30698","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The information was culled from a Brazilian Supermarket Association research and represents growth of 4.4% over investment made in 2008. Industry revenues last year totalled US$ 72.5 billion.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/30698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=30698"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/30698\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=30698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=30698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=30698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}