Brazilian Retailers "UBS Shopping Cart: 6x1 work schedule; Riachuelo CEO..."

Research evidence excerpt

Brazilian Retailers "UBS Shopping Cart: 6x1 work schedule; Riachuelo CEO..."

Global Research

19 May 2026ab

Brazilian Retailers Equities

AmericasUBS Shopping Cart: 6x1 work schedule;

Riachuelo CEO on cross-border tax; Assaí Consumer, Cyclical

expands private label Vinicius Strano,AnalystCFA

vinicius.strano@ubs.com

+55-11-2767 6688

Opposition proposes 10-year transition in 6x1 workweek reform Isabella Lamas

Associate Analyst

According to O Globo, opposition parties have gathered more than 100 signatures isabella.lamas@ubs.com

supporting amendments to the 6x1 workweek reform PEC. The amendments +55-11-2767 6836

propose a 10-year transition period for the implementation of the new working

Lucca Biasi

model, alongside compensation mechanisms for employers, especially focusing on

micro and small companies. Among the proposed compensation measures are a 50% lucca.biasi@ubs.com

reduction in FGTS contributions and the possibility of double deductibility, for both +55-11-2767 6173

Corporate Income Tax (IRPJ) and CSLL purposes, of expenses related to new jobs

Pedro Perone

created following the implementation of the new regime. The approval would

require 308 votes, although, according to the news, the government has stated it is pedro.perone@ubs.com

not currently concerned about the proposal. Chamber Speaker Hugo Motta is +55-11-2767 6007

expected to discuss the final proposal with congressional leaders ahead of votes in

both the special committee and the plenary. The committee vote is currently

scheduled for May 27. Additionally, according to NeoFeed, rapporteur Léo Prates is

reportedly leaning toward proposing a 5-year transition period to allow different

sectors of the economy to adapt to the new workweek structure.