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…
Cencosud
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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…
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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…
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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,…
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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…
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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.…
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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…
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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.…
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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…
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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…