From the Newsroom*
São Paulo – The Pão de Açúcar Group is the leader amongst the Brazilian supermarket chains. It is at the top of the ranking prepared by the Brazilian Association of Supermarkets (Abras), released yesterday (26) in São Paulo. The group earned US$ 7.83 billion in 2005 and had 15.2% of the national market. Carrefour, in second position, has 11.8% of the market and earned revenues of US$ 5.92 billion last year. The third largest chain present in Brazil is Wal-Mart.
*Translated by Silvia Lindsey
