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.