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.
Cencosud
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 Brazilian and Colombian operations.
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 to store openings, although sales increased.
WORLD 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, CBD.
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 in net profit on the back of costs from M&A and forex losses.
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 with a population of around 190m, the potential for…
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 acquisition of Carrefour's Colombian assets. Earnings in the three months…
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. Carrefour will take a 45% stake in the venture, which…
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 between the two companies will be expanded. The French retail…
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 its acquisition of Carrefour's Colombian business. The Latin American retailer…
CHILE: Retailer Cencosud Q3 profits climb
Chilean retail giant Cencosud has booked an increase in earnings for the third quarter of the year. Net profit in the three months to the end of September grew 20%…
