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Grupo Pao de Acucar
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CBD Reports a Jump in Earnings From Its Food Stores on The Back of Higher Sales
Feb 26, 2013CBD, Brazil's number one retailer, has reported a jump in earnings from its food stores on the back of higher sales. The retailer, also known by its trading name of Grupo Pao de Acucar, booked net income of BRL834m from its grocery ...
Tags: CBD, retailer, food stores
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Casino Group Has Recorded an Increase in Fourth-Quarter and Full-Year Sales
Jan 17, 2013French retailer Casino Group has recorded an increase in fourth-quarter and full-year sales, boosted by international revenue growth. Sales in the 12 month period climbed 22.1% to EUR41.97bn (US$55.83bn), while in the fourth quarter sales ...
Tags: Casino FY, Casino Group, sales
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Michelle Russell Takes a Look at The Highs and Lows for International Retailers in 2012
Dec 20, 2012Grocers undoubtedly felt the economic pressures in 2012 with discounters enjoying buoyant growth as a result of an increase in value-seeking consumers. Shoppers' focus on value led to rising online sales and further investment in the ...
Tags: economic pressures, buoyant growth, value-seeking consumers
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Brazilian Retailer CBD Has Booked a 7% Increase in Quarterly Same-Store Sales
Dec 12, 2012Brazilian retailer CBD has booked a 7% increase in quarterly same-store sales thanks to its food and non-food outlets. CBD, Brazil's largest retailer, reported a 7.1% in gross same-store sales for the third quarter of the year. The ...
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Casino Has Booked a 35% Jump in Third-Quarter Sales
Dec 10, 2012French retail giant Casino has booked a 35% jump in third-quarter sales, boosted by a strong international showing and a contribution from acquisitions. In a sales update released yesterday (15 October), Casino said group sales increased ...
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French Retailer Casino Has Taken Control of CBD,Brazil's Largest Retailer
Dec 10, 2012French retailer Casino has taken control of CBD, Brazil's largest retailer. Casino chairman and CEO Jean-Charles Naouri was appointed chairman of Wilkes, the holding company through the French retailer and fellow CBD investor Abilio Diniz ...
Tags: Retailer, Cbd, shareholder