CHILE: Cencosud ends year of lower profits with Q4 rise
Chile-based retailer Cencosud saw profits fall in 2013, although its earnings jumped in the fourth quarter.
ByCencosud
CHILE: Cencosud shifts 2014 focus to consolidation
Chilean retailer Cencosud has announced it will be investing less in expansion this year as it focuses on consolidating its…
CHILE: Sales up but profits down at LatAm retailer Cencosud
Chile-based retailer Cencosud has reported a fall in third-quarter earnings on the back of costs linked to recent acquisitions and…
ByWORLD RETAIL CONGRESS 2013: Retail giant CBD confident in Brazil’s potential
The remains "a lot of potential" in Brazil if retailers are willing to invest, according to the country's largest retailer,…
CHILE: Mixed H1 results for retailer Cencosud
Chile-based retailer Cencosud has booked higher half-year sales but posted lower operating income from its supermarket stores and a fall…
Navigating Brazil’s slowdown: International retailers battle it out in Brazil
As the fifth-largest country in the world, Brazil is simply too big a market for food retailers to ignore. And…
CHILE: Cencosud Q1 profits tumble
Cencosud saw its profits tumble in the first quarter as the Chilean retail giant incurred loan costs related to the…
AFRICA: Carrefour signs JV to develop store formats
French retail giant Carrefour has formed a joint venture with global distributor CFAO to develop stores across eight African countries.