Carrefour Brazil Acquisition Indicates Continuing Fusion Of Retail And Wholesale
The announcement by Carrefour Brazil that it is to acquire 30 cash and carry stores from Makro, and convert them to the Atacadão format, further underlines the growing fusion of retail and wholesale in the marketplace, a leading analyst has said.
Clive Black of Shore Capital was commencing following the news that Grupo Carrefour Brasil is to purchase the tranche of outlets from Makro Atacadista SA for 1.95 billion reais (around €420 million), and expand its Atacadão across the country, particularly in Rio de Janeiro and the north west of the country.
Atacadão is styled as a 'wholesale hypermarket', blending cash-and-carry characteristics with those of traditional self-serve retail.
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