Cencosud

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Brazil briefing: Global retailers battle it out

As the fifth-largest country in the world, Brazil is simply too big a market for food retailers to ignore. And with a population of around 1...

Questions remain for Carrefour, Premier CEOs

The work the chief executives of Carrefour and Premier Foods - two companies with a lot on their plates - has been welcomed by industry watc...


Michelle Russell | 30 Aug 2013

As the fifth-largest country in the world, Brazil is simply too big a market for food retailers to ignore. And with a population of around 190m, the potential for growth and expansion in a market of this size is tremendous. However, for international retailers in the country, it has proved a tough nut to crack.

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Dean Best | 31 Mar 2014

Chile-based retailer Cencosud saw profits fall in 2013, although its earnings jumped in the fourth quarter.


Hannah Abdulla | 10 Jan 2014

Chilean retailer Cencosud has announced it will be investing less in expansion this year as it focuses on consolidating its Brazilian and Colombian operations.


Dean Best | 19 Nov 2013

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.


Michelle Russell | 8 Oct 2013

The remains "a lot of potential" in Brazil if retailers are willing to invest, according to the country's largest retailer, CBD.


Harjit Abbi | 2 Sep 2013

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.


Michelle Russell | 31 May 2013

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.


Michelle Russell | 30 May 2013

French retail giant Carrefour has formed a joint venture with global distributor CFAO to develop stores across eight African countries.


Dean Best | 23 May 2013

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.


Michelle Russell | 4 Mar 2013

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.


Dean Best | 20 Nov 2012

Carrefour has sold its stake in its venture in Indonesia, the latest move to refocus its attention on a smaller number of markets worldwide.


Michelle Russell | 20 Nov 2012

Chilean retail giant Cencosud has booked an increase in earnings for the third quarter of the year.


Michelle Russell | 31 Oct 2012

French retail giant Carrefour has sold its Malaysian operations to Japanese giant Aeon.


Michelle Russell | 26 Oct 2012

French retail giant Carrefour has declined to comment on reports it is in talks to sell its Malaysian operations to Japanese giant Aeon.


Katy Askew | 25 Oct 2012

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.


Katy Askew | 22 Oct 2012

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).


Michelle Russell | 19 Oct 2012

Chilean retail giant Cencosud has agreed to buy the Colombian assets of French retailer Carrefour.


Dean Best | 3 Sep 2012

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.


Dean Best | 22 Jun 2012

Chilean retailer Cencosud has set the price at which shares in the company will begin trading in New York.


Michelle Russell | 28 May 2012

Chilean retailer Cencosud plans to raise up to US$718m in an initial public offering of American depository shares in New York.


Dean Best | 26 Mar 2012

Chilean retailer Cencosud saw sales and profits increase from its supermarkets division in 2011.


Katy Askew | 13 Feb 2012

Chilean retailer Cencosud predicted an increase in revenues this year as it announced plans to invest US$1.28bn in new store openings.


Sam Webb | 16 Dec 2011

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.


Dean Best | 18 Nov 2011

Chilean retailer Cencosud has acquired Brazilian supermarket chain Prezunic for BRL685.7m (US$385.5m).


Katy Askew | 10 Jun 2011

Cencosud and Carrefour have remained silent on reports that Chilean retailer wants to acquire Carrefour's assets in Brazil.


just-food.com | 31 Mar 2011

Investment bank UBS has taken a stake in Jumbo, the Argentine arm of Chilean retailer Cencosud.


just-food.com | 17 Mar 2011

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.


just-food.com | 15 Nov 2010

Chilean retailer Cencosud posted an 18.9% increase in net income during the third quarter to reach CLP45.3bn (US$93.5m).

Company research

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