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Justo & Bueno was launched in Bogotá, Colombia in February 2016 and in December 2019 celebrated opening its 1,000th store in the market. The business is set to enter Chile in 2020, which will be its third market in Latin America. It also operates around 100 stores in Panama, where it continues to expand its presence.

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Over the last decade the discount channel has seen exponential growth in Colombia. The channel is dominated by three retailers; D1, Ara (owned by Portugal-based Jerónimo Martins) and Justo & Bueno. Together the three retailers operate over 2,800 stores. In recent years the channel has become increasingly competitive as Ara and Justo & Bueno have quickened the pace of their openings. Combined...
Following our visits to over 1,000 food retail stores in over 45 different countries, we’ve picked some of the best to be on your must-see list in 2020. Global sweep Our pick of stores includes locations in Europe, Asia and North America, along with Africa and Latin America. Both global and national retailers are featured, in addition to smaller, local operators. Among the leading retailers...
In June 2019, private equity business Advent International acquired an 80% stake in Walmart’s Brazil operations. Walmart maintains a 20% stake in the business, which has been renamed Grupo BIG. In early 2019 it announced its plans to invest BRL1.2bn (US$287m) into modernising and expanding stores over its first 18 months. For more information on the acquisition see our article . Rebrand...

Presentations

06/01/2020
We review the five key trends set to shape the Latin American grocery market over the next 12 months and beyond.
12/12/2019
In this presentation we look at the regional and country forecasts for grocery retailing to 2024. With the global grocery retail landscape changing fast, providing both opportunities and challenges for your business we look at the changes to our outlook to help you better understand how we see them growing and evolving to 2024.
02/12/2019
We’re wrapping up 2019 by looking at some of the most insightful discount stores we visited this year. This report will give you a view on how the discount channel is evolving globally. Discounters use a more shopper centric strategy, they invest in technology in their stores and evolve their assortments to align with latest trends.
20/11/2019
We visited Walmart’s flagship Lomas Toreo store in Mexico City. It features many of the retailer’s latest omnichannel initiatives, which enhance the shopping experience. It is the first store in Mexico to feature an online Pick-up tower and the first to showcase its modern Café Marketside concept.
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Key presentations

We take a look at the five key themes that are set to shape the Latin American retail sector in 2019 and beyond.

This figures-based deck summarises the forecast for the Latin American grocery market to 2023 and comes complete with a dataset.

Access key indicators for over 400 retailers and grocery market sizes for over 180 countries.

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If you have a specific business challenge or training requirement we can put together something just for you.