STABLE ECONOMY PROMPTING EXPANSION

RIO DE JANEIRO, Brazil (FNS) -- Brazilian supermarket chains of all sizes are undergoing a major expansion push triggered by rising consumer demand that followed the government's economic stabilization plan. Major operators, including Carrefour, Pao de Acucar and Sendas, and smaller retailers such as Se and Candia are all taking steps to expand their businesses. The consumer boom started in July when

RIO DE JANEIRO, Brazil (FNS) -- Brazilian supermarket chains of all sizes are undergoing a major expansion push triggered by rising consumer demand that followed the government's economic stabilization plan. Major operators, including Carrefour, Pao de Acucar and Sendas, and smaller retailers such as Se and Candia are all taking steps to expand their businesses. The consumer boom started in July when the government introduced a new dollar-linked currency, the real, which forced inflation down

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TAGS: Walmart