Industry Developments
Argentina
Retail giant Wal-Mart has announced plans to open between 12 and 15 new stores in Argentina by the end of 2009. The firm has revealed that the expansion will require an investment...
2008-08-22Chile
The largest supermarket operator in Chile, Distribución y Servicio (D&S), has announced an increase in sales and profits for the first half of 2008. D&S reports that total...
2008-08-21Argentina
Argentine brewer and soft drink producer Quilmes Industrial (Quinsa) has reported strong results for the first half of 2008. For the six months ending June 30 2008, Quinsa, which...
2008-08-20Colombia
Bavaria, the Colombian subsidiary of international brewing giant SABMiller, has announced that it is to sell its Agua Brisa bottled water business for US$92mn. The unit will be jointly...
2008-08-19Brazil
International retail giant Wal-Mart has announced that in 2009 it will make its biggest ever annual investment in Brazil. During a meeting with the President of Brazil, the CEO of...
2008-08-15United States
The CEO of consumer foods company Heinz has issued an upbeat trading forecast at the firm's Annual General Meeting. CEO William Johnson said that the firm was targeting a 6% increase...
2008-08-14Venezuela
The threat of appropriation has risen for Venezuela's food producers after the country's President Hugo Chávez enacted a range of presidential decrees that consolidate state control...
2008-08-12Canada
Canadian retailers Metro and Loblaw have reported weak sales but rising profits in their most recent financial periods. Montreal-based Metro reported a 3.7% increase in profits in...
2008-08-11
