Brazil

Amazon's French Delivery Deal Has Ripples All the Way To Brazil

Amazon.com Inc.’s delivery deal with Casino Guichard Perrachon SA advances the online retailer’s interests in Europe, but may also provide a fo...

Carrefour Brasil Sees Sales Up Following Store Refurbishments

A major store refurbishment programme, coupled with strong performances in its cash-and-carry operations, has helped to lift sales at Carrefour's operation...

Heineken Sees Brazilian Profit Drag In Showdown With AB InBev

Heineken NV, the world’s second-largest brewer, wants to challenge leader Anheuser-Busch InBev NV in one of its key markets, and that’s going t...

Cash & Carry Business Boosts GPA Sales Growth In Q4

Brazil’s largest retailer, Grupo Pão de Açúcar (GPA), has reported a 6.8% growth in net sales in its food business in fourth qua...

Beer's Back In Style In Brazil And Ambev Is Set To Gain, UBS Says

Brewer margins should bounce as Brazilians finally get back to drinking beer. Beer has reached an inflection point after volumes declined between 2015 a...

Brazil’s Pão de Açúcar Introduces New Store Model

Brazilian supermarket chain Pão de Açúcar has launched a new store concept, which it has introduced in five of its outlets. Changes...

Giant Sugar Glut Erases Two Years Of Shortages On Asian Monsoon

Forget the sugar shortages of the past two years. This season’s glut is now forecast to be big enough to completely erase that. Aided by favourabl...

China's Citic Sees Brazil As Growth Driver After Dow Corn Deal

Citic Agri Fund, an investment vehicle created by China’s largest conglomerate, has chosen Brazil as the platform for its global strategy in agricult...