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Brazil backs away from Pao de Acucar deal

Indiaretailing Bureau - July 12, 2011

Brazil's government will withdraw its financial and political support for a controversial tie-up between retailer Pao de Acucar and the local unit of France's Carrefour, a government official said on Monday, dealing the plan a severe blow.The complex deal,...

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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...

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