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Chile

Cencosud To Sell 54 Bretas Supermarkets To Supermercados BH

Cencosud To Sell 54 Bretas Supermarkets To Supermercados BH

Cencosud To Sell 54 Bretas Supermarkets To Supermercados BH

Chile-based retail company Cencosud has agreed to sell its Bretas supermarket chain in the Brazilian state of Minas Gerais to local player Supermercados BH...

Cencosud Expands In Argentina With Makro And Basualdo Acquisition

Chile-based retailer Cencosud is expanding its Argentinian presence by acquiring Makro and Basualdo supermarkets for $122.5 million (€119.3 million).

Cencosud Expands In Argentina With Makro And Basualdo Acquisition

Chile's Cencosud Reports Growth In Net Income In Third Quarter

Chile's Cencosud saw reported net income rise by 95.2% in the third quarter of 2024, reaching CLP 88.4 billion (€85 million).

Brazilian Brewer Ambev Profit Slides 11% On Higher Tax Provisions

Brazilian brewer Ambev reported an 11% drop in third-quarter net profit on Thursday, hurt by higher tax provisions in its home market, pushing its shares d...

Profits Soar 75% At Chile’s Cencosud In Second Quarter

Chilean retail giant Cencosud announced a significant 75.1% surge in profits to $117 million (€108 million) for the second quarter of 2024.

Italy Increases Share of Global Wine Exports To 22%

Over the past 20 years, Italy's share of the global wine export market has grown from 17% (in 2003) to 22% (in 2023), new data has shown.

China's Crowded Wine Market Offers No Lifeline For Struggling Global Industry

China's Crowded Wine Market Offers No Lifeline For Struggling Global Industry

Australia's wine industry has cheered news that China will drop anti-dumping tariffs, re-opening its market to imports, but the tougher economic...

Nestlé Launches 'Maggi Veg' Vegan Shelf-Stable Products

Food giant Nestlé has launched a new range of vegan shelf-stable cooking solutions under its Maggi Veg brand in Chile.

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Chile's Cencosud Sees Net Income Up 163% In Q2 2023

Chile's Cencosud Sees Net Income Up 163% In Q2 2023

Nestlé R&D Announces Partnership With UC Chile For Research On Marine Plants And Algae

Nestlé R&D Announces Partnership With UC Chile For Research On Marine Plants And Algae

U.S. Food Retailer The Fresh Market Scraps IPO Plans

U.S. Food Retailer The Fresh Market Scraps IPO Plans

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Tate & Lyle Opens New Customer Innovation And Collaboration Centre In Santiago

Tate & Lyle Opens New Customer Innovation And Collaboration Centre In Santiago

Italian Wine Sales Grow 7% In Value, 5.7% In Volume In 2020

Italian Wine Sales Grow 7% In Value, 5.7% In Volume In 2020

Uber To Buy Chile's Cornershop In Bid To Deliver Groceries

Uber To Buy Chile's Cornershop In Bid To Deliver Groceries

Jerónimo Martins Eyes Romania, Possible Latin America Expansion

Jerónimo Martins Eyes Romania, Possible Latin America Expansion

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