Market intelligence, trend analysis and forecasts for the Food and Drink industries across the regions

Companies / Brazil

CBD Takes Positives From Downturn

January 2009 | Company News Alert

Brazil's largest grocery retailer, Companhia Brasileira de Distribuição (CBD), has suggested that the current economic downturn and global financial crisis could result in takeover opportunities as smaller chains find it hard to continue operating independently. The firm also suggests that the current conditions give it better leverage when negotiating with international and domestic suppliers who do not want large overhangs of stock at a time when demand is

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