Casas Bahia expert report shows 40% inventory drop, 4,647 job cuts

A court-ordered expert report on Brazilian retailer Casas Bahia reveals a 40% year-over-year decline in fiduciary inventory, idle areas, and a reduction of 4,647 employees in August. The report, presented to the São Paulo court, signals deepening operational distress at the company, which is undergoing a judicial recovery process. The findings may pressure creditors and investors as the restructuring unfolds.