GPA also repeats the second position from the year before in the ABRAS ranking, which registers R$ 378.3 billion income among Brazilian supermarkets in 2019
Carrefour and GPA are still the Brazilian supermarket groups who had the largest revenues in 2019, according to data from ABRAS (Associação Brasileira de Supermercados). The ranking shows a small difference between the gross income of both companies, being R$ 62.2 billion for the French chain and R$ 61.5 billion for GPA, when compared to the 3 billion difference between their incomes in 2018.
Cencosud comes in the third place, and one of the reasons for that is that BIG group (former Walmart), did not inform their numbers to this year’s edition. In this scenario, the ranking includes Giassi Supermercados and Koch Hipermercado chains among the 20 largest supermarket chains in the country.
Altogether, Brazilian supermarkets registered revenues of R$ 378.3 billion in 2019, an increase of 6.4% when compared to 2018. In actual figures, the growth was of 2.5% and the supermarket sector only, represented 5.2% of the Brazilian Gross Domestic Product (GDP).
Regarding the opening of new stores, the study shows a jump from 89.6 thousand stores to 89.9 thousand stores, between 2018 and 2019, with 8.1% growth in small format stores. Hyper and supermarket formats, on the other hand, decreased 2.2% and 0.4% respectively.
The study showed as well that until March 17, 2020, the consumption in supermarkets have increased 11.6%, with cleaning products, frozen and beverages items on the lead. However, the search for cheaper products is already a reality among Brazilian consumers.