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Casino Guichard Perrachon <CASP.PA> on Thursday unveiled a plan to simplify the complex shareholding structure for its Latin American operations, sending shares in its Brazilian and Colombian units soaring.

French retailing group Casino's Brazilian unit will sell its controlling stake in a Brazilian appliance retailer for at least 2.23 billion reais ($578 million), accepting a discount on the unit's listed price as it refocuses on its supermarket business.

French supermarket chain Casino Guichard Perrachon SA, which has been selling assets to cut debt and reassure investors, said on Thursday it was reviewing strategic options in Latin America.

French supermarket retailer Casino , which has been selling assets to cut debts and reassure investors, said on Thursday it was reviewing its strategic options in Latin America.

Brazilian supermarket chain Grupo Pão de Açúcar SA reported on Wednesday a double-digit drop in its first-quarter net consolidated income, undershooting market expectations, even as wholesale unit Assaí drove revenue growth.

Brazilian supermarket chain Grupo Pão de Açúcar SA on Wednesday posted first-quarter sales up 12 percent from a year ago, closing the gap on Carrefour Brasil, the market leader in Latin America's largest economy.

Grupo Pão de Açúcar SA , one of Brazil's largest food retailers, owned by France's Casino Guichard Perrachon SA, on Wednesday posted first-quarter gross revenue of 13.8 billion reais ($3.46 billion), up 12.4% from the year-ago period, helped by major gains in its wholesale...

GPA, one of Brazil's largest food retailers, is teaming up with the country's largest private bank, Itaú Unibanco Holding SA , to begin selling credit card reader machines, a top Assaí executive said on Monday.

** Peter Estermann, the head of French retailer Casino's Brazilian supermarkets unit GPA SA, told French daily Les Echos that GPA is not in talks with Amazon about selling its Via Varejo appliance and electronics unit. Asked whether there was any logic to talks with Amazon...

GPA, one of Brazil's largest food retailers, will open 13 stores under its recently re-launched Compre Bem brand by the end of August and speed up an expansion of its wholesale-style Assai banner in the second half of 2018, executives said on Wednesday.

The migration of electronics retailer Via Varejo SA <VVAR3.SA> to the Novo Mercado segment of Brazil's main stock exchange will help food retailer GPA <PCAR4.SA>, the firm's parent, sell the unit, an executive said on Wednesday.

GPA, one of Brazil's largest food retailers, reported quarterly results that soared past profit estimates on Tuesday due to significant tax re-calculations.

GPA, one of Brazil's largest food retailers, reported quarterly results that soared past profit estimates on Tuesday, due in significant part to the recognition of massive tax credits.

Via Varejo, the appliance retailing arm of Brazilian retailer GPA SA, will convert all its shares into a single class of common stock, the company said in a securities filing on Monday.

The co-vice chairman of Brazilian retailer GPA SA, Ronaldo Iabrudi, said the conversion of all shares of its subsidiary Via Varejo SA into a single class of stock will give additional rights to minority shareholders.

The chairman of Brazilian retailer GPA SA, Ronaldo Iabrudi, said the conversion of all shares of its subsidiary Via Varejo SA into a single class of stock will give additional rights to minority shareholders.

Brazil's GPA reported strong quarterly revenue growth on Friday, as robust sales in its wholesale stores offset the negative impact of a major truckers' strike, sending shares up almost 5 percent in midday trading.

GPA SA, one of Brazil's leading retailers, will continue to focus exclusively on its food business and is still looking for buyers for its appliance and electronics unit Via Varejo SA, the company's chief executive said on Tuesday.

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.