Cencosud

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. The company, which has…

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…

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,…

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.…

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…