Status Avorc

Pão de Açúcar (GPA)

IMPORTANT ownership/brand change verified: GPA discontinued its Extra hypermarket banner starting 2021-2023 — the ~71-store Extra Hiper portfolio was sold to Assaí and converted to that atacarejo banner (do not list 'Extra' as an active brand). GPA now operates primarily under the Pão de Açúcar (upscale supermarket) and Mercado Extra/proximity banners. The group has faced continued financial strain in 2025-2026 (39 store closures over two years per press reporting, high debt load) and suspended 2026 expansion plans. No public status page found.

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