Brazil retail tycoon Diniz says local supermarkets were fast to adjust to COVID-19

FILE PHOTO: Abilio Diniz, the third largest Carrefour shareholder, gestures during a meeting of the Council for Economic and Social Development (CDES) at the Planalto Palace in Brasilia, Brazil

Brazilian retail veteran and board member of Carrefour SA (CARR.PA), Abílio Diniz, said on Thursday that Brazil has been faster than some European countries to adopt new protocols to cope with the coronavirus pandemic.

“Take Italy, France, Belgium and Spain, for instance, we did better with the protocols and Carrefour Brasil has registered very few cases of coronavirus,” Diniz said in a live stream with Brazilian supermarkets association Abras on Thursday night.

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