Cencosud Archives - Just Food
Join Our Newsletter - Get important industry news and analysis sent to your inbox – sign up to our e-Newsletter here


CHILE: Mixed H1 results for retailer Cencosud

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.

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…

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%…