CBD - food industry company news 
BRAZIL: CBD profits surge 25%
8 May 2012
Brazilian supermarket group CBD has booked a surge in profits, which were up by more than one-quarter in the first three months of the year.
BRAZIL: Retailer CBD to up investment in 2012
13 April 2012
Brazilian retailer CBD plans to increase its investment in expansion in its domestic market this year.
FRANCE: Casino looks to remove Diniz, Houzé from board
30 March 2012
Directors at French retail giant Casino have put forward plans to remove directors Abilio Diniz and Philippe Houzé from its board.
BRAZIL: Casino moves to take control of CBD
22 March 2012
French supermarket operator Casino has initiated the process to take sole control of leading Brazilian retailer Companhia Brasileira de Distribuicao.
FRANCE: Emerging markets propel Casino sales, profits
28 February 2012
Casino has booked a 6.6% jump in net income for 2011, with double-digit sales gains driven by a strong performance from emerging markets.
BRAZIL: Retail giant CBD sees grocery profits rise
17 February 2012
Brazilian retailer CBD has reported higher annual profits from its food division, driven by a sharp increase in sales.
FRANCE: Sales growth, margin outlook boosts Casino shares
17 January 2012
Rising fourth-quarter sales and "reassuring" guidance on margins have helped buoy shares in French retail giant Casino.
BRAZIL: Food sales accelerate at retailer CBD
17 January 2012
CBD, Brazil's largest retailer, saw the growth in its food sales accelerate in the fourth quarter of 2011.
2011 in review - Retail giants battle consumer weakness, corporate turmoil
22 December 2011
A slump in consumer confidence and a turbulent year at a corporate level for some major retailers were defined 2011. Dean Best looks back at a tumultuous year for the world's major food retailers.
WRC 2011: Carrefour defends performance of Planet format
28 September 2011
Carrefour's hypermarket format Carrefour Planet is performing "much better" than expected, given the economic turmoil in Europe, according to a senior executive at the French retail giant.
In the spotlight: Is Carrefour's latest game plan a winner?
2 September 2011
You can take your pick of French apothegms: "Plus ça change, plus c'est la même chose," or, more succinctly: "Déjà vu." Either way, industry analysts casting their critical eye over Carrefour's latest strategic revamp could be forgiven for thinking they've been here before, writes Richard Woodard.
BRAZIL: Wal-Mart quiet on Carrefour bid
12 August 2011
Wal-Mart Stores has continued to remain coy on reports that it is looking to expand its presence in Brazil through potentially acquiring Carrefour's operations in the country.
BRAZIL: Wal-Mart coy on Carrefour Brazil "takeover talks"
9 August 2011
Wal-Mart Stores has remained coy on reports that it is in talks to buy Carrefour's Brazilian unit.
FRANCE: International shines in Casino's mixed H1 results
29 July 2011
A jump in profits from Casino's international operations has stood out in a mixed set of results from the French retailer, which saw one-off costs hit its bottom line.
BRAZIL: CBD Q2 profits boosted by Easter sales
26 July 2011
Brazil's largest retailer CBD has seen second-quarter profits jump as the company's sales were boosted by Easter spending.
Best bits: Brasil Foods and Premier look to the future
18 July 2011
The largest food manufacturers in Brazil and the UK can look ahead with more certainty than they could a week ago, Dean Best writes, but doubts still hang over the future of Latin American country's biggest retailer.
Editor's choice: the highlights on just-food this week
15 July 2011
Premier Foods' appointment of Kraft's Mike Clarke as its new CEO this week was a surprise move but one welcomed by the market. Investors in Brasil Foods were also cheered by the news that the 2009 merger that created the company was cleared by Brazil's competition watchdog. However, a plan to combine Brazil's largest retailer, CBD, with Carrefour's local operations was halted amid continued opposition from Casino, which prompted the country's national development bank to pull planned funding for the deal. Click on the headlines for more.
Quote, unquote: just-food's week in words
15 July 2011
In an eventful week, the plan to merge Brazil's largest retailer with Carrefour's local operations was called off, new CEOs were appointed at Premier Foods plc and Fonterra and Greencore made an offer to buy UK private-label firm Uniq. Click on the links for more coverage of the stories.
BRAZIL: Diniz halts CBD-Carrefour merger plan
13 July 2011
Abilio Diniz, the Brazilian tycoon and chairman of CBD, the country's largest retailer, has put plans to merge the business with Carrefour's local operations on hold.
FRANCE: Carrefour issues H1 profit warning
13 July 2011
Carrefour has warned that its first-half operating profit is expected to have slumped by 23% due to problems in the French retailer's domestic market.
FRANCE: Casino repeats opposition to "flawed" CBD merger plan
12 July 2011
Casino's board of directors today (12 July) hit out at the "flawed" plan to merge Brazilian retailer CBD with Carrefour's local operations.
Editor's choice: the highlights on just-food this week
8 July 2011
The tussle over Brazil's largest retailer rumbled on this week, while Nestle's interest in Chinese confectioner Hsu Fu Chi gave industry watchers something to chew over. Meanwhile, away from the emerging markets, a key EU vote brought new food labelling laws a step closer.
Quote, unquote: just-food's week in words
8 July 2011
This week, it was revealed that Nestle is in talks with Chinese confectioner Hsu Fu Chi, while on the retail front, South Africa's Pick n Pay revealed plans to make more than 3,000 people redundant. The fight over control of Brazilian retailer CBD continued with Casino, Carrefour and the Diniz Group all trading barbs. Here's the best of what was said this week:
UPDATE: FRANCE: Casino hits back at Carrefour's CBD claims
5 July 2011
Casino has taken a swipe at Carrefour in the ongoing dispute over the future of Brazilian retailer CBD and insisted its French rival had acted in a "hostile" manner.
FRANCE: We are not hostile, Carrefour tells Casino
5 July 2011
Carrefour today (5 July) insisted it had "no hostile intentions" towards its French rival Casino, which is battling the world's second-largest grocer for control of Brazil's largest retailer.
UPDATE: FRANCE: You need our support, Casino warns Carrefour
4 July 2011
Casino today (4 July) insisted that a plan to merge Brazil's largest retailer CBD with Carrefour's local operations needed its support to go through.
FRANCE: Carrefour board approves CBD merger offer
4 July 2011
Carrefour's board of directors has backed a plan to merge its operations in Brazil with the country's largest retailer CBD.
Best bits: Casino and Carrefour do battle over Brazil
4 July 2011
In a story that has had more twists and turns than the samba, the battle for Brazil's largest retailer CBD has pit two of Europe's largest grocers against each other.
BRAZIL: Diniz asks Casino to study Carrefour merger plan
1 July 2011
Brazilian businessman Abilio Diniz has asked Casino, his co-shareholder in the country's largest retailer CBD, to examine the proposal to merge the business with the local operations of Carrefour.
Editor's choice: the highlights on just-food this week
1 July 2011
The battle for control of Brazil's largest retailer CBD has dominated our retail coverage this week. However, Premier Foods plc's dispute over price with one of the UK's largest grocers, believed to be Tesco, also grabbed our UK headlines - which also featured chocolate maker and retailer Thorntons and its decision to close half its stores.
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Companhia Brasileira De Distribuicao (CBD) is a food retailer in Brazil. The company operates 1,080 stores in 20 Brazilian states and the Federal District and a logistics infrastructure comprised by 28 warehouses located in seven states. Its business is based on a multiformat structure, with a balance between supermarkets, hypermarkets, stores of eletronic products/ household appliances, convenience stores, cash-and-carry segment and e-commerce operations.
Companhia Brasileira de Distribuicao (CBD) - Financial and Strategic SWOT Analysis Review
This comprehensive SWOT profile of Companhia Brasileira de Distribuicao provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.
Brazil Food & Drink Report Q1 2012
Business Monitor International's Brazil Food and Drink Report provides industry professionals and strategists, corporate analysts, food and drink associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Brazil's food and drink industry.
