How The Economic And Financial Crisis Shook The Owner Of Casas Bahia

Written by Bruno Teles

Published on 28/08/2023 at 15:31

Updated on 28/08/2023 at 15:32

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You Must Have Noticed That Some Casas Bahia Stores Are Closing Their Doors. The Latest Balance Sheet from Via, the Company Behind This and Other Big Brands Like Extra.com and Ponto, Sounded the Alarm in the Market.

Let’s Dive Deep into the Crisis of This Giant in the Brazilian Retail Sector and Understand What Is Happening.

Interest and Inflation

The Economic Environment in Brazil Is Far from Favorable for the Retail Sector. With Interest Rates That Reached 13.75% This Year and Rampant Inflation, the Scenario Is Concerning.

Claudio Felisoni, President of Ibevar and Professor at FIA Business School, Comments That These Factors Directly Affect Credit and the Purchasing Power of Families.

ARTICLE CONTINUES BELOW

Indebtedness

Via Is No Exception to the Rule. The Company’s Indebtedness Started During the Pandemic, with Loans at an Interest Rate of 2% per Year.

However, From January 2021 to August 2022, These Rates Drastically Escalated, Reaching the Current Level of 15.85% per Year. Yes, You Read That Right: This Represents an Expense of BRL 871 Million Just to Maintain the Debt.

Recovery Plan

To Avoid the Worst, Via Announced an Audacious Recovery Plan. This Plan Includes Cutting 11% of the Workforce, Closing Up to 100 Stores, and Reducing Stocks by Up to BRL 1 Billion.

Lidiane Bastos, a Retail Management Specialist, Believes That These Measures Could, in the Long Run, Save the Company from Bankruptcy.

Diversification and Technology

Even in the Midst of the Crisis, Via Is Betting on Innovation. About 60% of Casas Bahia’s Physical Stores Already Have App 2.0, a Platform Aimed at Improving the Customer Experience in Stores. Additionally, a Voice Search Has Been Implemented, Assisting in Over 200,000 Online Queries.

Get to Know Casas Bahia

Founded in 1957 by Samuel Klein, a Polish Immigrant, Casas Bahia Has Always Had Credit Sales in Its DNA. From Door-to-Door Salesman to Owner of One of the Largest Retail Chains in the Country, Klein Brought Innovation to the Market and Focused on Classes C and D.

How The Economic And Financial Crisis Shook The Owner Of Casas Bahia

You Must Have Noticed That Some Casas Bahia Stores Are Closing Their Doors. The Latest Balance Sheet from Via, the Company Behind This and Other Big Brands Like Extra.com and Ponto, Sounded the Alarm in the Market.

Interest and Inflation

Indebtedness

Recovery Plan

Diversification and Technology

Get to Know Casas Bahia

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A giant brown band visible from space, approximately 8,850 kilometers long, connected Africa to America in the Atlantic Ocean, and satellites revealed that it is neither land nor pollution, but the largest accumulation of seaweed in the world, which broke records in 2025.

Workers were opening a modern road in Dover when they found, 6 meters below the asphalt, a 3,500-year-old boat made of stitched oak and plant fibers.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

In just one cast, fishermen are surprised to capture 14,096 mullets in Bombinhas and close a historic season with 58,000 fish; scene recorded in the Santa Catarina paradise marks the last day of the 2026 season.

Consumers eat six times more chicken than in the 1960s, global meat supply quadruples in 60 years, and FAO report reveals the invisible cost on the plate: livestock could drive 80% of the increase in agricultural emissions over the next decade.

Motorcyclist sees excavator arriving at the edge of a river in Bosnia, calls neighbors in minutes and turns a hydroelectric project into a resistance lasting more than 10 years with five expired concessions.

Workers were excavating a site in Alexandria and found a black sarcophagus weighing nearly 30 tons: the 2,000-year-old tomb was sealed 5 meters deep beneath the modern city and became one of Egypt’s greatest archaeological mysteries.

Kindle and JBL for free? New Amazon promotion reveals “prize box” system that can deliver electronic devices to consumers and significantly increase the benefits of eligible purchases.

End of various surgical instruments? The surgical robot smaller than a fingernail performs 5 medical functions in a single body, requires no battery, and uses magnetism to cut tissues, release medications, collect samples, and navigate through narrow areas of the body.

The world’s only coastal desert shaped by fog covers more than 3 million hectares in Namibia, where giant dunes receive water from the air and survive as an almost impossible geographical machine.

Avocado is no longer seen as a diet villain; it has gained the status of a powerful fruit because it carries the same healthy fat as olive oil and also provides fiber, vitamins, and minerals.

How The Economic And Financial Crisis Shook The Owner Of Casas Bahia

You Must Have Noticed That Some Casas Bahia Stores Are Closing Their Doors. The Latest Balance Sheet from Via, the Company Behind This and Other Big Brands Like Extra.com and Ponto, Sounded the Alarm in the Market.

Interest and Inflation

Indebtedness

Recovery Plan

Diversification and Technology

Get to Know Casas Bahia

Engineers want to carve through Africa with a giant canal to bring water from the world’s second-largest river to a dying lake on the edge of the Sahara Desert that has already lost 90% of its water.

A giant brown band visible from space, approximately 8,850 kilometers long, connected Africa to America in the Atlantic Ocean, and satellites revealed that it is neither land nor pollution, but the largest accumulation of seaweed in the world, which broke records in 2025.

Workers were opening a modern road in Dover when they found, 6 meters below the asphalt, a 3,500-year-old boat made of stitched oak and plant fibers.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

In just one cast, fishermen are surprised to capture 14,096 mullets in Bombinhas and close a historic season with 58,000 fish; scene recorded in the Santa Catarina paradise marks the last day of the 2026 season.

Consumers eat six times more chicken than in the 1960s, global meat supply quadruples in 60 years, and FAO report reveals the invisible cost on the plate: livestock could drive 80% of the increase in agricultural emissions over the next decade.

Motorcyclist sees excavator arriving at the edge of a river in Bosnia, calls neighbors in minutes and turns a hydroelectric project into a resistance lasting more than 10 years with five expired concessions.

Old chargers forgotten in the drawer may hide copper, reusable parts, and a simple chance to save before they become electronic waste.

The country’s primary deficits are expected to continue indefinitely, the same applies to the public debt, which will continue on an upward trajectory until it reaches the level of 90% of GDP (R$ 10.53 trillion) in the coming years.

Gas stations will sell gasoline at R$ 4.24 for a limited time, and the campaign with 50,000 liters promises to attract drivers looking for savings.

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Pix has ceased to be just a means of payment, becoming a high-profile brand at the INPI, gaining protection that spans all sectors of the economy, and now enters a legal category reserved for well-known, strong, and difficult-to-copy names in Brazil.

Workers were excavating a site in Alexandria and found a black sarcophagus weighing nearly 30 tons: the 2,000-year-old tomb was sealed 5 meters deep beneath the modern city and became one of Egypt’s greatest archaeological mysteries.

Kindle and JBL for free? New Amazon promotion reveals “prize box” system that can deliver electronic devices to consumers and significantly increase the benefits of eligible purchases.

End of various surgical instruments? The surgical robot smaller than a fingernail performs 5 medical functions in a single body, requires no battery, and uses magnetism to cut tissues, release medications, collect samples, and navigate through narrow areas of the body.

The world’s only coastal desert shaped by fog covers more than 3 million hectares in Namibia, where giant dunes receive water from the air and survive as an almost impossible geographical machine.

Avocado is no longer seen as a diet villain; it has gained the status of a powerful fruit because it carries the same healthy fat as olive oil and also provides fiber, vitamins, and minerals.