Last Wednesday, Grupo Mateus announced a pivotal partnership with Novo Atacarejo, reshaping Brazil’s retail landscape. The company, based in São Luis, Maranhão, is Brazil’s largest food retailer with entirely domestic capital. This collaboration integrates 21 Grupo Mateus stores with 29 from Novo Atacarejo, creating a new entity with R$6.8 billion ($1.31 billion) in gross revenue. […]
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