Bompreço (Walmart Brazil) is a chain of supermarkets and hypermarkets in Brazil. Its name means "good price" in Portuguese. , Bompreço is owned by Walmart. Bompreço operates mainly in northeastern Brazil, in the Bahia and Pernambuco states of Brazil. The operating company, Walmart Brasil, has its headquarters in Barueri, São Paulo State. Prior to the buyout by Walmart, Bompreço S.A. Supermercados do Nordeste, headquartered in Ipatinga, Recife, Pernambuco, was owned by the Dutch retailer Ahold (now Ahold Delhaize). Currently, Bompreço supermarkets are in the process of being converted into Walmart Supermercado stores and Hiper Bompreço stores are being converted into Walmart Supercenters.