Latin America News & Analysis

01 March 2021
France-based Casino saw consolidated net sales rise 8% at constant exchange rates, to €31.9 bn, in its 2020 financial year. However, they fell by 7.9% after considering exchange rate effects and hyperinflation and the falling price of fuel. The retailer’s full year results rose by 9% and by 8% in organic and same-store terms respectively. France: +3.0% in same-store sales Casino reported to...
01 March 2021
Walmart Mexico (Walmex) recently reported total revenue growth of 8% for 2020 and 5.9% for Q4. Same-store-sales increased by 6.7% for the full year (4.9% in Q4). At its annual Walmex Day event, the business outlined three business priorities for the year 2021 and beyond: win in discount lead in omnichannel develop its ecosystems. Ambition to become the omnichannel market leader ...
26 February 2021
Earlier this year, we outlined five global trends that will shape the convenience channel this year and beyond. Below are some case studies to show how convenience retail and technology are connecting further. Edeka opens automated store in Germany Edeka has opened a 24/7 automated convenience store at Renningens train station. ‘E 24/7 Karow & Sommer’ stocks 300 SKUs items and will gra...
22 February 2021
Historically, across Latin America food-to-go has not been a particular hot spot for product innovation and the category is often uninspiring. This is possibly due to the vibrant street food culture in the region, which is readily available, fast to produce, delicious and affordable. However, in the last year we have started to see early signs of innovation in the category. Despite these dev...
19 February 2021
Chilean retail group Falabella aims to open 11 new supermarkets in 2021. This will consist of four Tottus stores in Chile and seven supermarkets in Peru, across its Tottus and Hiperbodega banners. The business will also invest US$243m in optimising its store network, which spans across supermarkets, shopping centres, and home improvement stores. Heavy investment in 2021 Falabella’s CEO G...
16 February 2021
Shoppers’ needs have evolved in recent years and they increasingly want stores and online delivery services that can adapt to their busy lifestyles. This has been accelerated by the conditions of the pandemic, which have impacted mobility, creating a greater need for delivery. In response, retailers are investing in ecommerce and re-prioritising their omnichannel strategies. Walmart Mexico (...
05 February 2021
In 2020, the Covid-19 pandemic impacted the food and consumer goods industry in a way that no one could have foreseen at the start of the year. Shopping habits changed at rapid pace and the retailers had to adapt to meet their changing needs. Although it is unclear exactly what the next 12 months will bring, the actions of the region’s leading retailers in 2020 help to us to understand the d...
04 February 2021
The COVID-19 pandemic proved to be a challenge, but also an opportunity to accelerate development for discounters. In several markets with high penetration of online, such as the UK, the lack of ecommerce proved to be a weakness for the discount channel. However, the value proposition of the channel resonated well with increasingly savvier shoppers, ensuring footfall and sales remained strong. ...
02 February 2021
With a strong fourth quarter rounding off a great year, Colgate-Palmolive’s chairman, president and CEO, Noel Wallace, has outlined how investing in innovation, productivity and capabilities will enable it to build on the momentum of 2020 in the year ahead and beyond. Forecasting organic sales growth of 3-5% in 2021 For 2021, the company is planning for organic sales growth of 3-5%, with co...
26 January 2021
Walmart Chile has been rebuilding after a challenging 2020, where it was impacted by political turmoil and riots. These issues were exacerbated by the arrival of the COVID-19 pandemic. Following a surge in online demand at the start of the pandemic, the business announced it was investing US$50m into ecommerce initiatives in 2020 and 2021. Here we explore how the business is bolstering its o...