C

CADE: Administrative Council for Economic Defense, Brazil’s antitrust authority.

 

CO-BRANDED CARDS: The result of a partnership between GPA’s formats and credit card companies, they are designed to build client loyalty. The more customers use their cards, the more advantages they receive.

 

CBLC: Brazilian Depository and Clearing Corporation.

 

CDI: Interbank Deposit Certificate.

 

CETIP: Brazil’s OTC clearing house.

 

CHECKOUT: Store points of sale where products are verified and paid for.

 

CMN: National Monetary Council.

 

COMPREBEM: GPA supermarkets.

 

CVM: Brazilian Securities and Exchange Commission.

 

CUSTOMER FLOW: Movement of consumers in the Group’s stores.