Cencosud
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.…
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 consumer goods distributor CFAO to develop stores across eight African countries.…
FRANCE: Carrefour sells stake in Majid Al Futtaim JV
Carrefour has sold its stake in its venture with Dubai-based group Majid Al Futtaim - but said the franchise deal…
CHILE: Higher costs hit profits at retailer Cencosud
Chilean retail giant Cencosud has reported a decline in full-year earnings on the back of higher financial costs related to…