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

Companies / Chile

D&S Says Peru Entry In 2009 Not Certain

April 2009 | Company News Alert

To read the full article, please choose one of the following options:

Subcribers please log in

The chairman of Chile's largest supermarket operator D&S has said that the firm may not enter Peru this year as originally planned. Chairman Felipe Ibanez told reporters at a business forum: 'This is a very important issue and will be done in due time, with great prospects for the company, but it falls to the board to take decisions and is something that will be determined in the following 12 to 24 months.' This review may have been driven by the global economic downturn or may reflect opposition to this strategy from Wal-Mart, which purchased a majority stake in the