RIO DE JANEIRO, Brazil (FNS) -- The French-owned Carrefour supermarket chain, Brazil's biggest, plans a major expansion in the country -- particularly in Sao Paulo, where Wal-Mart is making inroads. Carrefour, with 13 of its 38 Brazilian hypermarkets in Sao Paulo, said it would open 12 new stores in Sao Paulo during the next three to four years, its biggest one-city expansion in Brazil. Each hypermarket costs roughly $15 million, so the investment would be about $180 million. This year, ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.