Retail
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/XZQ4VG4XWFE5JICNIXA7SZKKSM.jpg "Americanas’ Unraveling Will Likely Worsen Wave of Layoffs In Brazil")
Americanas’ Unraveling Will Likely Worsen Wave of Layoffs In Brazil
Guararapes, the owner of Riachuelo, Méliuz, CVC and Yoki, announces thousands of layoffs at a time of economic slowdown in Brazil and worldwide
:quality(70):focal(1548x246:1558x256)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/DXH5E2W2B5DM7P5X2D736B5LWQ.jpg "Americanas’ Largest Shareholders Say ‘We Were Never Aware’ of Anomalies")
Americanas’ Largest Shareholders Say ‘We Were Never Aware’ of Anomalies
Lemann, Telles, and Sicupira, the entrepreneurial trio who have controlled the Brazilian retail giant for 40 years, released a statement about the $4 billion accounting shortfall, and say they are sorry for investors and creditors
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/K5NLFOCFRZGINBDKKWVYQF6RKM.jpg "Brazil’s Beleaguered Americanas Files For Bankruptcy Protection")
Brazil’s Beleaguered Americanas Files For Bankruptcy Protection
The retail group, which reported having 16,300 creditors, admitted to a 20-billion-reais accounting shortfall last week, and says it has debts totaling $8.23 billion
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/OR63VZE7T5F5TA7D3OH2SEP4PU.jpg "Americanas’ New CFO Comes Under Scrutiny for Previous Failings")
Americanas’ New CFO Comes Under Scrutiny for Previous Failings
Camille Loyo Faria failed to disclose information to the market regulator on two occasions, when she was CFO and investor relations officer at Oi and TIM Brasil respectively
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/YNB54BCOE5DEPGWSFXY2OVR66U.jpg "Investors to Probe Alleged Insider Trading, Fraud at Brazilian Retailer Americanas")
Investors to Probe Alleged Insider Trading, Fraud at Brazilian Retailer Americanas
Investors will ask the Federal Public Prosecutor’s Office to investigate alleged insider trading, accounting fraud and the sale of the retailer’s shares
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/KT3NDBYHI7FH4LOOLWEXYTUMDI.jpg "Brazilian Court Denies BTG’s Request to Overturn Suspension of Americanas’ Debt Payments")
Brazilian Court Denies BTG’s Request to Overturn Suspension of Americanas’ Debt Payments
In a decision on the injunction, the court has ruled that if the case were urgent, the bank would have sought to execute its credits before the 20-billion-reais loss was made public
:quality(70):focal(2010x1170:2020x1180)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/OVOZ7Z3Q45AQRP4VTFZBHXOH4Q.jpg "BTG, Santander, Bradesco and Itaú Seen As Banks Most Exposed to Americanas’ Debts")
BTG, Santander, Bradesco and Itaú Seen As Banks Most Exposed to Americanas’ Debts
Brazilian banks may face a 1%-7% impact on net income because of the retailer’s crisis, which acknowledged finding accounting inconsistencies of almost $4 billion
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/SSTFO6AO6RG5DNBCZLRFSVEQ6I.jpg "Caso Americanas en Brasil: las claves por las que está en el ‘ojo del huracán’")
Caso Americanas en Brasil: las claves por las que está en el ‘ojo del huracán’
La caída en el precio de las acciones y las peleas judiciales rodean a la empresa al inicio de la semana, después de que fueran reveladas “inconsistencias contables”
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/U2NNGU74WFEHFPQ6WWF4D6HVWI.jpg "Dollar General inicia expansión a México en medio de auge de formatos de bajo costo")
Dollar General inicia expansión a México en medio de auge de formatos de bajo costo
La minorista de descuento más grande de Estados Unidos planea abrir 35 tiendas en México durante 2023
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/TGESB4JKKVGQHGMIXKBKS7UXVE.jpg "Una radiografía anual al sector minorista en Guatemala y las proyecciones del 2023")
Una radiografía anual al sector minorista en Guatemala y las proyecciones del 2023
En un entorno cambiante con presiones de costos, tiempos y factores macroeconómicos como la inflación hacen revisar las estrategias para el próximo año