BRAZIL: Carrefour to open new Brazilian stores in October - report
French retail giant Carrefour is to open in October the first two of twelve new Brazilian stores the company has planned for this year. The two stores, which are both hypermarkets situated in central Brazil, will require an investment of R60m (US$20.3m), representing around 10% of Carrefour Brazil's capital spending budget for 2003, reported Dow Jones News, citing daily paper Gazeta Mercantil.
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