closing stores of retail giants could lead to 35 thousand layoffs

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Dia Supermarket Chain will concentrate operations in the State of São Paulo

Photo: Disclosure / Dia / Estadão

Retail giants like Carrefour, Americanas, Dia, Marisa It is Casas Bahia are going through a crisis and are closing more than 750 stores in the country. This reduction in stores should lead to mass layoffs.

Based on the balance sheets released by retailers, Metropolises made an estimate that 35 thousand cuts will occur.

The Dia chain, which entered into judicial recovery last Thursday, 21st, will close 343 stores out of a total of 587 points of sale across the country. Casas Bahiawhich has been suffering losses for at least two years, closed 55 points of sale in 2023. retailer laid off 8,600 employees between December 2022 and December 2023.

Already the Americans, which is one of the best-known cases, continues to close stores and lay off employees. In judicial recovery since January 2023, when the accounting fraud of R$25.2 billion was discovered, the company has already closed 152 stores, according to data presented by the company on Thursday, 21st. Between January 2023 and February 2024, Americanas laid off 10,435 employees.

O Carrefour reported in February that it would close 123 establishments, including 16 hypermarkets, 94 stores from the Todo Dia chain and 13 from the Nacional and Bom Econômico brands. Although it did not disclose the number of layoffs, according to data from the Brazilian Society of Retail and Consumption (SBVC) the number of cuts can reach 12.5 thousand people.

Last week, Marisa, in a relevant fact released to the market with a preview of the balance sheet, confirmed the closure of 91 stores in 2023. Also based on data from SBVC, layoffs in this process could reach 2.4 thousand employees.



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Source: Redação Terra

The article is in Portuguese

Tags: closing stores retail giants lead thousand layoffs

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