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☆ Brazil Retail Billionaire Abilio Diniz Dies at 87
▼ + stars: | 2024-02-18 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

BRASILIA (Reuters) - Brazilian billionaire Abilio Diniz, who built an empire in the supermarket retail sector, died on Sunday in Sao Paulo, according to his press office. The 87-year-old had been hospitalized at the Albert Einstein Hospital and suffered respiratory failure due to pneumonitis, his press office said in a statement. Diniz played a pivotal role in the history of Brazilian retail, serving most recently as vice-chairman of Carrefour Brasil and as a board member of the French group Carrefour. Diniz remained with the company he founded until 2013, when he took over as chairman of Brazilian food processor BRF, where he served for five years. Photos You Should See View All 33 ImagesIn 2014, Diniz acquired a stake in Carrefour Brasil through his private investment company Peninsula.

Persons: Abilio Diniz, Diniz, Pao de, Marcela Ayres, Chris Reese Organizations: Reuters, Albert Einstein Hospital, Carrefour Brasil, Carrefour, Forbes Locations: BRASILIA, Sao Paulo, French, Carrefour Brasil

☆ French retailer Casino agrees initial deal to sell stake in Exito Group
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +1 min

A logo of French retailerÊCasinoÊis pictured outside aÊCasinoÊsupermarket in Nantes, France, July 27, 2023. REUTERS/Stephane Mahe/File Photo Acquire Licensing RightsPARIS, Oct 16 (Reuters) - Indebted French supermarket chain Casino (CASP.PA) said on Monday it had agreed an initial deal to sell its stake in Latin American retailer Almacenes Exito (IMI.CN) to Grupo Calleja. Casino's board on Friday approved a pre-agreement to sell its entire stake in Almacenes Exito to Grupo Calleja, a leading grocery retailer in El Salvador, it said. Casino is in the midst of a restructuring after years of debt-fuelled acquisitions had brought it to the verge of default. The price per share may be reduced by extraordinary dividend distributions, asset transfers or similar transactions made by Exito, Casino added in a statement.

Persons: Stephane Mahe, Almacenes, Exito, Sudip Kar, Olivier Sorgho, Jacqueline Wong, Lincoln Organizations: REUTERS, Rights, Grupo Calleja, Casino, Thomson Locations: aÊCasinoÊsupermarket, Nantes, France, El Salvador, Almacenes

☆ Carrefour Brasil bets on know-how to expand small stores operation
▼ + stars: | 2023-06-29 | by ( Carolina Pulice | ) www.reuters.com time to read: +2 min

MEXICO CITY (Reuters) - Grupo Carrefour Brasil launched a franchise model of convenience stores in the Brazilian market on Wednesday, aiming to tap into its know-how from years of experience in Europe, a top executive said. FILE PHOTO: A general view of a Carrefour supermarket in Sao Paulo, Brazil July 18, 2017. REUTERS/Paulo WhitakerCarrefour Brasil’s convenience executive director Joao Edson Gravata said that the franchise format would put Carrefour in a stronger position to take on competitors. Those stores would supplement its 152 existing Brazilian company-owned Carrefour Express format stores. About a year ago Grupo Nos, a venture between Brazilian energy firm Raizen and Mexican retailer Femsa, launched its first Oxxo-branded convenience stores.

Persons: Paulo Whitaker, Joao Edson Gravata, Gravata, “, ”, Pedro Melo, Alberto Serrentino, Melo, Pao Organizations: MEXICO CITY, Grupo Carrefour Brasil, Carrefour, REUTERS, Paulo Whitaker Carrefour, Carrefour Express, Pontifical Catholic University, Sao Paulo, PUC, Grupo Ultra’s, Grupo, Dia, Hirota Locations: MEXICO, Europe, Sao Paulo, Brazil, Brazil’s

☆ French retailer Casino selling down stake in Brazil's Assai
▼ + stars: | 2023-03-14 | by ( ) www.reuters.com time to read: +1 min

Casino said it would be selling 12.9% of Assai's share capital, representing 174 million shares. The French company said the sale formed part of its previously announced plans to sell assets. Casino said the sale amount could be increased by up to 80 million common shares, representing an extra 5.9% of Assai's share capital. Casino owns a 30.5% stake in Assai, according to the Brazilian firm's website. Casino is also in exclusive talks to combine its French retail business with smaller food retailer Teract (TRACT.PA).

☆ 50 of the world’s best breads
▼ + stars: | 2019-10-15 | by ( Jen Rose Smith | ) edition.cnn.com time to read: +33 min

In alphabetical order by location, here are 50 of the world’s most wonderful breads. Roti gambang, IndonesiaShutterstockPalm sugar and cinnamon lend a light, aromatic sweetness to roti gambang, a tender wheat bread that’s an old-fashioned favorite at Jakarta bakeries. This is where locals bring rounds of tender wheat dough ready to bake into khobz kesra, one of the country’s homiest breads. Gyeran-ppang, South KoreaShutterstockThere’s buried treasure within every loaf of gyeran-ppang, individually sized wheat breads with a whole egg baked inside. To make malawach, bakers roll wheat dough into a delicate sheet and fold it over a slick of melted butter.

Persons: William Rubel, ”, Afghanistan Johannes Eisele, lavash, it’s, de, whirl, Egypt Jen Rose Smith, El Salvador Lane Turner, you’ll, Joya de Cerén, injera, France Enrico Spanu, You’re, munch, Jim Chevallier, Emmanuel Macron, Pai bao, confections, snacking, Dökkt, rúgbrauð, India Stuart Freedman, Roti, Iran Behrouz Mehri, sangak –, crumb, Italy Bruce Bisping, Arnaldo Cavallari, Kare, ” Karepanman, Jordan Shutterstock, canai, sourdough, “, Mexico Lisa Cherkasky, Morocco Bartosz, Luke E, Rēwena parāoa, haven’t, Broa, South Korea Shutterstock, kisra, Balep, Lama, United States Dixie, Lily, White Lily, –, Uzbekistan Shutterstock Flatbreads, they’re, Areperos Organizations: CNN, Getty, UNESCO Intangible Heritage, Montreal bagels, Fairmount, Boston Globe, pats, UNESCO, le, swabbing, National Agency for Cultural Heritage Preservation, Jerusalem, Star Tribune, The Washington Post, Amsterdam’s, Vikings, Sri, Brewers, Turkey VW, Biscuits, United, Washington Post, Uzbekistan Shutterstock Locations: Germany’s Westphalia, Afghanistan, AFP, Lavash, Armenia, Australia, Luchi, Bangladesh, Dhaka, de queijo, Brazil, Montreal, Canada, Marraqueta, Chile, Chilean, el brazo, ” Shaobing, China, Sichuan, Cubano, Cuba, Cuban, Havana, Miami, Florida, Libba, Egypt, El Salvador, San Salvador, Joya, Injera, Ethiopia, Eritrea, Somalia, injera, Baguette, France, Paris, Khachapuri, Georgia, Pumpernickel, Germany, Soest that’s, Hong Kong, Dökkt rúgbrauð, Iceland, Laugarvatn, Paratha, India, Roti gambang, Indonesia, Jakarta, Indonesian, Gouda, Edam, Iran, Ireland, Israel, Tel Aviv, you’ll, United States, Ciabatta, Italy, Jamaica, South America, Caribbean, Japan, panko, Amman, canai, Malaysia, Malta, Maltese, Mexico, kesra, Morocco, Moroccan medina, ferran, Navajo, Arizona, New Mexican, powwows, Netherlands, San Francisco, New Zealand, Lefse, Norway, Europe, Norwegian, Podplomyk, Poland, milho, Portugal, Americas, Karavai, Russia, Sardinia, of Piedmont, there’s, Proja, Serbia, Serbian, South Korea, Seoul, Sri Lanka, Colombo, Kisra, Sudan, South Sudan, Sweden, Sweden’s, Balep korkun, Tibet, Simit, Turkey, Istanbul, United Kingdom, British, Uzbekistan, Arepa, Venezuela, Venezuelan, Malawach, Yemen

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