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SAO PAULO Nestle SA will launch its first organic food line in Brazil in the coming weeks, an executive told Reuters, as the world's biggest food company makes a global push to capture growing interest in healthy and organic products.
SAO PAULO, Feb 20 Nestle SA will launch its first organic food line in Brazil in the coming weeks, an executive told Reuters, as the world's biggest food company makes a global push to capture growing interest in healthy and organic products.
SAO PAULO, Feb 19 Brazilian food retailer GPA hit quarterly profit estimates on Monday, as sales at its wholesale formats drove growth, though the company's fairly ordinary results were overshadowed by a leadership shake-up announced almost simultaneously.
SAO PAULO, Feb 19 GPA SA, one of Brazil's largest food retailers, announced on Monday evening a shake-up of its management team, replacing its CEO and the head of a subsidiary just moments before releasing full-year results.
* ANNOUNCES ISSUANCE OF A 200 MILLION EURO BOND, WHICH WILL BE ADDED TO EXISTING BOND DUE JUNE 2022.
SAO PAULO, Jan 15 Shares in Brazilian food retailer GPA SA rose well over 1 percent on Monday morning after the company posted gains in fourth quarter revenue, as a nascent recovery in consumption boosted sales.
(The following statement was released by the rating agency) PARIS, December 11 (Fitch) Fitch Ratings plans to withdraw Casino Guichard-Perrachon SA's and Casino Finance SA's (together Casino) on or about 11 January 2018; this is approximately 30 days from the date of this Non-Rating Action Commentary, for commercial reasons. Fitch currently rates Casino as follows: Casino Guichard-Perrachon SA: --Long-Term IDR 'BB+'/ Stable Outlook --Short-Term IDR 'B' --Long-term senior unsecured 'BB+' --Short-
LONDON French supermarket Groupe Casino has agreed to use British online retailer Ocado's e-commerce platform to expand its business, driving Ocado shares as much as 25 percent higher.
* French supermarket group will use Ocado's e-commerce platform
* CFO SAYS WILL INTRODUCE SEGMENTAL REPORTING TO MAKE CLEAR SPLIT BETWEEN UK RETAIL AND INTL SOLUTIONS UNITS