One of Brazil's largest electronics and furniture retailers, listed on B3 and undergoing restructuring.
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Casas Bahia and GPA agreed to end court disputes tied to their 2009 association; GPA waives about R$ 700 million receivable, and Casas Bahia takes on about R$ 424 million in tax liabilities.
Updated November 14, 2026 · 13 verified articles
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Sales, margins, funding costs, consumer-credit quality and restructuring execution drive the company's solvency and pricing.
Explanatory mechanism, not a forecast or recommendation.Casas Bahia and GPA agreed to end court disputes tied to their 2009 association; GPA waives about R$ 700 million receivable, and Casas Bahia takes on about R$ 424 million in tax liabilities.
Casas Bahia postponed release of its third-quarter 2026 results from November 11 to December 10, citing the need for more time tied to its judicial recovery process, according to Money Times and Investidor10.
Casas Bahia put Camille Faria, a partner at Althia Partners who worked on the Americanas and Oi restructurings, in charge of creditor talks in its judicial recovery, succeeding Mateus Tessler, according to Bloomberg Línea and Investidor10.
Sao Paulo's 2nd Bankruptcy and Judicial Recovery Court on October 21 authorized processing of the judicial recovery of Grupo Casas Bahia and nine other group companies, with debts of about R$ 17.3 billion, according to g1, CNN Brasil and Gazeta do Povo. The ruling does not approve the plan, which still depends on creditors.
Casas Bahia shareholders approved at an extraordinary meeting the ratification of the judicial recovery filing made in August, according to Investidor10 and Exame. The court has not yet ruled on processing the filing.
The Labor Court approved on October 15 a Casas Bahia settlement to compensate about 4,000 workers laid off en masse, according to Correio Braziliense, Money Times and UOL. Money Times cites 4,300 workers and R$ 7,500 per person, on top of severance.
Casas Bahia secured from Banco do Brasil a line of up to R$ 250 million, via receivables financing, to bolster cash during its judicial recovery. The line runs for up to 60 days or until the court authorizes processing of the recovery, according to InfoMoney and Investidor10.
Magazine Luiza issued clarifications to the market on October 14 about an estimate that it could capture up to R$ 7 billion in sales from the Casas Bahia crisis. The company said it does not comment on or endorse third-party estimates and does not disclose projections, according to Investidor10 and Money Times.
Casas Bahia left September rent of about R$ 4.3 million unpaid at a warehouse of real estate fund HSI Logística (HSLG11), which filed an eviction suit, according to InfoMoney, Seu Dinheiro and Investidor10.
Responding to a CVM request after a Veja report, Grupo Casas Bahia said it made no contributions to the IBCB FIDC in the first half of 2026 and that the balance of subordinated quotas rose from R$ 780 million to R$ 1.166 billion due to the result of the quotas themselves, of R$ 386 million. B3 demanded a schedule to bring the shares back into compliance, as they have traded below R$ 1 since July 21.
Retail sales volume fell 0.8% in July from June, per the IBGE Monthly Retail Survey released on September 15, against a Reuters consensus of a 0.2% drop; versus July 2025 the rise was 1.2%, below the 2.15% expected. Five of eight sectors declined, with furniture and appliances down 4.9%, books and stationery 4.2% and apparel 2.7%, which IBGE attributes to purchases brought forward for the World Cup in May; expanded retail rose 0.4% in the month, and restricted retail is up 1.8% in the year and 1.6% over 12 months.
Magazine Luiza struck a partnership with Mercado Livre to sell own-inventory items on the rival's platform from September, per Brazil Journal, InfoMoney, NeoFeed and Poder360. Poder360 and InfoMoney cite about 27,000 items; Brazil Journal says 28,000. MGLU3 shares surged in the session, per InfoMoney.
Magazine Luiza launched on September 2 Magalu Delivery, a meal, grocery and pharmacy delivery service inside its main app, run by aiqfome, acquired in 2020, covering more than 400 cities and about 23,000 restaurants, per InfoMoney and Exame. The move puts the retailer in the fight with iFood, 99Food, Keeta and Rappi, the same day it announced the Mercado Livre partnership.
A day after reporting Q2 2026 with a loss on the order of R$10 billion and auditor-flagged going-concern doubt, Casas Bahia filed for court-supervised reorganization on the evening of August 16. The shares fell more than 30% in the next session.