BUSINESSJun 24 · 16:11 UTCTHE RIO TIMESFlorencia Belén Ruiz

Chile’s Cencosud Buys a São Paulo Grocer to Court Rich Shoppers

Chile's largest retailer, Cencosud, is acquiring a premium São Paulo supermarket chain to shift its focus from affordable to upscale stores, targeting Brazil's wealthiest shoppers.

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CencosudorganizationChileplaceSão PauloplaceBrazilplaceSão Paulo supermarket chainorganizationrich shopperstopic

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