To compete with Casino and Carrefour, Brazil’s department-store operator Lojas Americanas plans to open up to 3,000 convenient stores more focused on groceries (selling fresh frozen food, sandwiches, beers, etc.). Investment and timeline have not been revealed. First pilots will open in Rio de Janeiro with 10 units expected by December 2017. Eager to grow its retail footprint, Lojas Americanas expressed interest in acquiring a stake in BR Distribuidora in 2016, the Petrobras retail
…Lojas Americanas to expand into convenient stores.
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