Grocers jostle for position in Brazil
BRAZIL: CBD books 48% rise in Q4 earnings
Grupo Pao de Acucar (CBD) booked a 48% jump in quarterly profits today (2 March) as sales growth accelerated and…
Carrefour, Wal-Mart battle for supremacy in Brazil
Brazil is shaping up to be a key battleground for Wal-Mart and Carrefour, the world's two largest retailers. Both have…
BRAZIL: Carrefour sets out Brazil warchest
Carrefour is set to spend BRL2.5bn (US$1.37bn) to expand its presence in Brazil, particularly in the north and north-east of…
BRAZIL: Wal-Mart plans Brazilian investments
Wal-Mart is planning to invest between BRL2bn (US$1.12bn) and BRL2.2bn to fuel growth in Brazil in the coming year. “The…
