President of the GPA denies be negotiating sale Via retail for Amazon

(Reuters)-the Chief Executive Officer of Grupo Pão de Açúcar, Peter Estermann told French newspaper Les Echos that the GPA is not negotiating with Amazon to sell your trade unit of furniture and appliances Via retail. Asked if there was any logic to conversations with the Amazon, he said: "maybe in the future, but not now". A source familiar with the situation told Reuters in March that Amazon and the French Casino network, parent company of the GPA, were negotiating an agreement in Brazil of partnership or sale Via retail, owner of Casas Bahia and Pontofrio marks. Estermann said the GPA is still looking for a buyer for the Retail Route, and that the sale will allow the GPA to focus on food retailing. "We are focused on this sale, that's going to happen. No food is the core of our activities, "he said.