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Houses Bahia Asks for Judicial Recovery with Debt of R$ 17.3 Billion

Summary by Revista Oeste
The Casas Bahia Group approved, at the end of the night of Sunday, 16, a request for judicial recovery in the 2nd Court of Bankruptcy and Judicial Recovery of São Paulo. The decision was communicated to the Commission of Securities (CVM) in fact relevant. The retailer reports that it has a total liability of R$ 17.3 billion. The company entered with request for judicial recovery after registering net loss of R$ 10.1 billion in the 2nd quarter. T…

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·Rio de Janeiro, Brazil
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The financial crisis that led the Casas Bahia Group to close hundreds of shops, promote thousands of layoffs and resort again to Justice to reorganize its debts can gain new contours next year.Despite the measures adopted to reduce expenses and preserve the box, the company's own management does not work with an improvement of the economic scenario.Renato Franklin, CEO of the Bahia Houses, stated that the company considers that 2027 may be even …

The crisis at Casas Bahia forced the retailer to take tough measures to try to quench its recent losses on the market. With the mass closure of physical units and heavy layoffs, the scene of the retail giant changes abruptly for the next few years. Why the company decided to close so many stores in a... The post Casas Bahia closes 298 stores and announces reduction in the number of employees appeared first on The Antagonist.

·São Paulo, Brazil
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Among the details concerning the news that Casas Bahia entered with a request for judicial recovery with the government of São Paulo, are the amounts

<p>Group entered with request for judicial recovery after disclosure of damage of R$ 10.1 billion in the second quarter. Almost 300 stores of the company were closed in August</p> <media:content url="https://nexo-uploads-beta.s3.amazonaws.com/wp-content/uploads/images/2026/08/GPA10.webp" type="image/webp" medium="image"> <media:title> Shop of Casas Bahia </media:title> <media:credit> Carina Caracol / Wikimedia Commons - 02.02.2015 </media:credit…

Forbes, the world's most well-conceived business and economic magazine. At around 12:40 pm, shares fell 21.2%, to R$0.52, having reached R$0.42 at the worst time, with a fall of 36.4% The post Action of Bahia House (BHIA3) Commencing after Request for Judicial Recovery Involving Debts of R$17.3 Bi first appeared in Forbes Brazil.

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Metrópoles broke the news on Monday, August 17, 2026.
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