text: We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
  ACCEPT Reject
  Email:
  Password:
  Remember Me | Forgot Your Password?
  Brazil's Retailers Cope With Effects Of Economic Slowdown
  September 3, 2015: 12:00 AM EST
  Cencosud, Walmart, and other retailers in Brazil are struggling as the country’s economic slowdown continues. With revenue and supermarket same-store sales decreasing, Cencosud announced it has reduced the value of its assets in the country. Walmart reported comparable store and net sales dropped in the second quarter. Rival Carrefour, however, reported like-for-like sales grew 7.1 percent during the period. GPA also reported gains in sales despite consumers’ more cautious attitude.
  "How retailers in Brazil are facing economic challenges", Retail Analysis, September 03, 2015, © The Institute of Grocery Distribution
  Domains
  RETAIL BUSINESS
  Market News
  Operations
  Strategy
  Geographies
  Worldwide
  Latin America
  Brazil
  Categories
  Companies, Organizations
  Market News
  See also:
  Home | Privacy Policy | Terms and Conditions | Contact Us Copyright © 2000-2021 Business360 Inc. All Rights Reserved