Grupo Pão de Açúcar has started to redesign the Extra Hiper stores that were not sold to Assaí in the transaction agreed in 2021. The group is offering for sale equipment and furniture that belonged to the chain’s banner that will be abolished.
Altogether, there are 30,000 pieces at auction that can move around R$ 12 million.
There are merchandise gondolas, checkout counters where shopping takes place, food displays, as well as security cameras, industrial stoves, generators, air conditioning equipment, among other items from stores in São Paulo, Campinas, Curitiba, Rio de Janeiro, Brasília, Salvador, among other units.
The items are divided into 21 lots with bids ranging from R$ 119 thousand to R$ 940 thousand. The intermediation will be from Sold Leilões, which hopes to attract retailers in the sector and investors. The auction runs until January 12th.
Grupo Pão de Açúcar agreed to sell 70 Extra Hiper stores to Assaí for R$5.2 billion in October 2021.
There are 32 Extra Hiper stores left that did not enter this business, 14 of which will be converted into Pão de Açúcar supermarkets and 14 into Extra markets. The other 4 will be sold in the coming months.
Reference: CNN Brasil
I am Sophia william, author of World Stock Market. I have a degree in journalism from the University of Missouri and I have worked as a reporter for several news websites. I have a passion for writing and informing people about the latest news and events happening in the world. I strive to be accurate and unbiased in my reporting, and I hope to provide readers with valuable information that they can use to make informed decisions.
