For Casino and Carrefour, Brazil remains a priority

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2 July 2021 à 15h04

Updated on 5 July 2021 à 10h13

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1 minute

Publication: 2 July 2021 à 15h04, Updated on 5 July 2021 à 10h13

Reading time: 1 minute

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Publication

2 July 2021 à 15h04

Updated on 5 July 2021 à 10h13

Reading time

1 minute

Publication: 2 July 2021 à 15h04, Updated on 5 July 2021 à 10h13

Reading time: 1 minute

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Global retailers are increasingly reviewing their international portfolios, generally with two options: either they reach a dominant position or they close. Casino Guichard Perrachon (sales of €31.9 billion in 2020, +8% like-for-like) said it was considering selling the Colombian business, operating under Almacenes Exito.

However, in late June 2021, it denied rumors of sale concerning a Brazilian subsidiary called GPA. Main rival Carrefour (sales of €78.6 billion in 2020, up 8% like-

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