Santoro Oil

SAO PAULO, Brazil - Brazilian food and general merchandise retailer Grupo Pão de Açúcar plans to deploy an enterprise-wide software solution to consolidate its IT infrastructure and gain increased visibility into business operations.

SAO PAULO, Brazil - A source close to the deal says Wal-Mart Stores Inc., is close to an agreement to purchase Bompreco, Brazil's third-biggest retailer, from Ahold, Reuters reports.

SAO PAULO, Brazil -- The chief executive at Brazil's Bompreco supermarket chain is stepping down after only six months, as the sale of the chain, by struggling Dutch parent company Ahold NV, draws near, according to a company press release.

SAO PAULO, Brazil - Wal-Mart Stores Inc. is interested in buying the Brazilian, Argentine, and Peruvian units of Dutch retailer Ahold, sources close to the process told Reuters on Friday.

SAO PAULO -- Supermarket sales in Brazil might not grow at all this year, after falling a faster-than-feared 1.1 percent in real terms over the past six months, according to Joao Carlos de Oliveira, president of Brazil's Association of Supermarkets (ABRAS).

SAO PAULO, Brazil - Brazil's largest retailer Companhia Brasileira de Distribuicao (CBD), popularly known as Grupo Pao de Acucar, today finalized negotiations to acquire 100 percent of supermarket chain Supermercados ABC, Reuters reported.

America Online Latin America, Inc. today announced a marketing alliance between its AOL Brazil subsidiary and Wal-Mart Brasil, which operates Wal-Mart, Sam's Club locations and a new local format called Wal-Mart Todo Dia.