Chile-based retailer Cencosud saw profits fall in 2013, although its earnings jumped in the fourth quarter.
Chilean retailer Cencosud has announced it will be investing less in expansion this year as it focuses on consolidating its Brazilian and Colombian operations.
Chile-based retailer Cencosud has reported a fall in third-quarter earnings on the back of costs linked to recent acquisitions and to store openings, although sales increased.
The remains "a lot of potential" in Brazil if retailers are willing to invest, according to the country's largest retailer, CBD.
Chile-based retailer Cencosud has booked higher half-year sales but posted lower operating income from its supermarket stores and a fall in net profit on the back of costs from M&A and forex losses.
Cencosud saw its profits tumble in the first quarter as the Chilean retail giant incurred loan costs related to the acquisition of Carrefour's Colombian assets.
French retail giant Carrefour has formed a joint venture with global distributor CFAO to develop stores across eight African countries.
Carrefour has sold its stake in its venture with Dubai-based group Majid Al Futtaim - but said the franchise deal between the two companies will be expanded.
Chilean retail giant Cencosud has reported a decline in full-year earnings on the back of higher financial costs related to its acquisition of Carrefour's Colombian business.
Carrefour has sold its stake in its venture in Indonesia, the latest move to refocus its attention on a smaller number of markets worldwide.
Chilean retail giant Cencosud has booked an increase in earnings for the third quarter of the year.
French retail giant Carrefour has sold its Malaysian operations to Japanese giant Aeon.
French retail giant Carrefour has declined to comment on reports it is in talks to sell its Malaysian operations to Japanese giant Aeon.
The Chilean government has thrown its weight behind a fresh drive to increase food exports from the country, with the introduction of a "from Chile" mark.
French retailer Carrefour has struck a deal to sell its Colombian business to Chilean group Cencosud in an agreement valued at EUR2bn (US$3.2bn).
Chilean retail giant Cencosud has agreed to buy the Colombian assets of French retailer Carrefour.
Half-year profits at Latin American retailer Cencosud have fallen 29% as higher costs and weaker second-quarter earnings from its supermarkets offset higher sales.
Chilean retailer Cencosud has set the price at which shares in the company will begin trading in New York.
Chilean retailer Cencosud plans to raise up to US$718m in an initial public offering of American depository shares in New York.
Chilean retailer Cencosud saw sales and profits increase from its supermarkets division in 2011.
Chilean retailer Cencosud predicted an increase in revenues this year as it announced plans to invest US$1.28bn in new store openings.
The offices of global retailer Wal-Mart Stores' Chilean operation, as well as other local retailers, have been raided by the country's competition agency.
Chilean retailer Cencosud has acquired Brazilian supermarket chain Prezunic for BRL685.7m (US$385.5m).
Cencosud and Carrefour have remained silent on reports that Chilean retailer wants to acquire Carrefour's assets in Brazil.
Investment bank UBS has taken a stake in Jumbo, the Argentine arm of Chilean retailer Cencosud.
Chile-based retailer Cencosud has reported a 23.8% rise in 2010 net income on the back of higher sales across its different store formats.
Chilean retailer Cencosud posted an 18.9% increase in net income during the third quarter to reach CLP45.3bn (US$93.5m).
Chile's largest grocery retailer Cencosud has agreed to acquire Brazilian operator Supermercados Bretas, in a deal worth BRL1.35bn (US$808m).
Chile-based multi-format retailer Cencosud booked a drop in full-year profit yesterday (11 February), hurt by the global financial crisis.
- Danone's Q1: four things to learn
- Who will buy Danone's Stonyfield business?
- Nestle Q1 update: four things to learn
- Column: Why snacking is the new meal
- Interview: KP Snacks on growth strategy
- Tyson shops Sara Lee bakery, Kettle and Van's
- Nestle to cut UK confectionery jobs
- PepsiCo affirms full-year target as Q1 hits mark
- Tyson to buy burger-to-entree firm AdvancePierre
- TreeHouse Foods sells soup, baby food units