Wal- Mart purchases Sonae's retail operations in Brazil
15 Dec '05
2 min read
Wal-Mart Brazil recently opened its first Supercenter in the federal district of Brasilia, the nation's capital.
In 2004, Wal-Mart acquired the 118-store Bompreco chain in northeastern Brazil from Dutch retailer Ahold.
Trius said the acquisition represents a growth opportunity for both associates and suppliers.
"They expect to learn a lot from Sonae that will help us improve further their business in Brazil," said Trius.
"They are looking forward to getting to know the habits of the local customers and to strengthen relationships with the regional suppliers.
They are an important part of the company's strategy."
Wal-Mart Stores Inc operates Wal-Mart Stores, Supercenters, Neighborhood Markets and SAM'S CLUB locations in the United States.
The company also operates in Argentina, Brazil, Canada, China, Costa Rica, El Salvador, Germany, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico, South Korea and the United Kingdom.
marketing@alchempro.com
