Carrefour Comércio e Indústria Ltda. was the leading supermarket and food retail store in Brazil in 2022, with an annual gross revenue of approximately 108 billion Brazilian reals. Assaí Atacadista followed closely behind Carrefour, in the second position.
Growth of Carrefour in Brazil
Since founding its first Brazilian hypermarket in São Paolo in 1975, the French multinational corporation Carrefour has made Brazil one of its major focus countries. Carrefour's gross revenue in Brazil has been increasing at a robust pace over the past decade, boosted by the 2007 purchase of the wholesale Brazilian hypermarket chain Atacadão.
Merging with the competition
Together, Carrefour and Atacadão are the largest companies in the Brazil's retail sector, based on annual net revenue. Carrefour came even closer to a monopoly when the company attempted to purchase its largest competitor, Grupo Pão de Açúcar (GPA). However, the negotiations were ultimately dropped, after facing significant public and political resistance, as well as the rejection of GPA's co-owner Casino — a French multinational retail conglomerate in competition with Carrefour.
Leading supermarkets and food retail stores in Brazil in 2022, by gross revenue
(in billion Brazilian reals)
Characteristic
Gross revenue in billion Brazilian reals
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Associação Brasileira de Supermercados. (May 22, 2023). Leading supermarkets and food retail stores in Brazil in 2022, by gross revenue (in billion Brazilian reals) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/721546/leading-supermarkets-food-retailers-revenue-brazil/
Associação Brasileira de Supermercados. "Leading supermarkets and food retail stores in Brazil in 2022, by gross revenue (in billion Brazilian reals)." Chart. May 22, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/721546/leading-supermarkets-food-retailers-revenue-brazil/
Associação Brasileira de Supermercados. (2023). Leading supermarkets and food retail stores in Brazil in 2022, by gross revenue (in billion Brazilian reals). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/721546/leading-supermarkets-food-retailers-revenue-brazil/
Associação Brasileira de Supermercados. "Leading Supermarkets and Food Retail Stores in Brazil in 2022, by Gross Revenue (in Billion Brazilian Reals)." Statista, Statista Inc., 22 May 2023, https://www.statista.com/statistics/721546/leading-supermarkets-food-retailers-revenue-brazil/
Associação Brasileira de Supermercados, Leading supermarkets and food retail stores in Brazil in 2022, by gross revenue (in billion Brazilian reals) Statista, https://www.statista.com/statistics/721546/leading-supermarkets-food-retailers-revenue-brazil/ (last visited July 22, 2024)
Leading supermarkets and food retail stores in Brazil in 2022, by gross revenue (in billion Brazilian reals) [Graph], Associação Brasileira de Supermercados, May 22, 2023. [Online]. Available: https://www.statista.com/statistics/721546/leading-supermarkets-food-retailers-revenue-brazil/