Walmart anunciou investimento de R$ 1,2 bilhão no Brasil

Walmart Announced R$ 1.2 Billion Investment Over The Next 18 Months In Brazil

Written by Paulo Nogueira

Published on 14/08/2019 at 01:00

Updated on 13/08/2019 at 19:18

Seja o primeiro a reagir!

Walmart Will Be Renamed Grupo Big and Will Focus More on Cash and Carry Formats; 100 Stores Are to Be Renovated in Brazil by 2020

The Walmart will have a new name in Brazil. The new corporate brand is Grupo BIG. The company also announced an investment of about R$ 1.2 billion over the next 18 months for modernization and expansion of stores. Speaking of investment, 2 thousand jobs will be created with the new cellulose industry installation

Much speculation has surrounded the future of Walmart in Brazil. Just over a year ago, the investment company Advent International announced the acquisition of 80% of the Brazilian operations of the American chain, leading to a series of rumors dominating discussions among experts, ranging from a possible entry of Amazon into the business to a complete transformation of the existing stores in the country.

ARTICLE CONTINUES BELOW

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

The Technical Agenda and the Fair in the City of Macaé Should Boost Discussions on Investments, Energy Transition, and Development of the Oil, Gas, and Energy Chain in the National...

Paulo Nogueira

The Walmart has finally announced what it will do with its operation in Brazil. The first change will be the brand name, followed by a focus on cash and carry, a sector aimed at selling at lower prices than those found in hypermarkets and supermarkets.

Grupo Big currently has 550 stores and 50,000 employees in 18 Brazilian states. “Walmart hypermarket stores in the South and Southeast regions will be renamed Big, while in the Northeast, all hypermarkets will be Big Bompreço,” the company stated in a press release. “By June 2020, the expectation is to complete the renovation of 100 hypermarkets,” the company concluded.

According to the same release, the Sam’s Club brand will have 10 new stores within a year, with the first set to open in the coming weeks. Three more will open by the end of 2019.

Simply by using the name, the company has to pay monthly royalties to the Americans, owners of the Walmart brand, of 0.7% of sales. With the change, this obligation is canceled.

Founded in 1995, Grupo Big is established in the Brazilian market. Walmart has never taken off in Brazil, failing to surpass third place in the Brazilian retail ranking. The chain’s operation in the country has been marked by store closures, changes in leadership, and constant losses.

Even episodes of corruption have been recorded. The company paid US$ 282 million in fines for failing to act to prevent the practice of illicit acts in Brazil, Mexico, India, and China. In Brazil, Walmart informed the U.S. Department of Justice that it had made improper payments to government officials as a quid pro quo to facilitate store construction.

Petrobras anticipates payment of R$ 2.7 billion to Petros

Walmart Announced R$ 1.2 Billion Investment Over The Next 18 Months In Brazil

Walmart Will Be Renamed Grupo Big and Will Focus More on Cash and Carry Formats; 100 Stores Are to Be Renovated in Brazil by 2020

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

A “silent skill” is allowing Brazilians to earn up to R$ 22,000 per month without a degree and become indispensable for companies that rely on millions of data to survive.

Diagnostic test

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state aims to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Government unlocks R$ 554 million for a highway that has been requested for decades and accelerates the duplication of BR.

A “silent skill” is allowing Brazilians to earn up to R$ 22,000 per month without a degree and become indispensable for companies that rely on millions of data to survive.

Spain surprises the world by erecting 62 artificial dunes, mixing sand with natural remains of posidonia, and causing the structure to lose only 1.4% of its volume in 1 year.

Researchers at the Toyota Research Institute found that if a human uses robotic arms to flip a pancake 300 times in an afternoon, the robot learns to do it on its own the next morning, and this is currently the most promising method to solve the biggest bottleneck in modern robotics.

Goodbye iron: a common item in households is starting to lose space to technology that smooths clothes in minutes without an ironing board and with less energy consumption.

With 16 Bulava missiles, improvements in acoustic stealth, and a design focused on silent patrols, Russia’s nuclear submarine was born to ensure Moscow’s invisible retaliation and has become one of the pillars of its maritime strength.