Latin America News & Analysis

07 June 2021
Speaking at the DbAccess Global Consumer Conference, Judith McKenna, President and CEO, Walmart International, outlined how Walmart adopts best practice technologies between various markets to activate its ‘Strong local businesses, powered by Walmart’ strategy. Refining its global footprint Over the last year, Walmart  has continued to refine its international operations, ensuring a st...
07 June 2021
On Tuesday 1 June 2021, GPA (Brazil’s second largest grocery retailer) announced its partnership with Latin American ecommerce giant Mercado Libre. This news comes less than six weeks since Soriana (Mexico’s number two) partnered with the business. Who are Mercado Libre? Argentine ecommerce business Mercado Libre (Free Market) was founded in 1999 and is now the largest online buying and sel...
26 May 2021
Chilean-based retailer Cencosud is rolling out a 35-minute delivery service (Spid35) in all of its operating markets (Argentina, Brazil, Chile, Colombia, and Peru). Rapid deliveries are made possible through the use of its own dark stores and through strategic partnerships with some of the regions’ largest last mile delivery businesses. Having launched the proposition earlier this year (Januar...
15 May 2021
Mexico’s Grupo Comercial Chedraui, through its Bodega Latina Corporation subsidiary, has entered into a definitive agreement to acquire US-based operator, Smart & Final, in a $620m deal.  Unique retail model Smart & Final operates a unique concept in the US, bridging wholesale and retail models. It operates more than 250 stores under two banners: Smart & Final and Smart & Final Extra!, in C...
10 May 2021
Casino said net sales fell by €1.1 bn to €7.1 bn in Q1 2021 versus the year before. Net sales fell by €467m in France, where strong growth at Cdiscount offset challenges elsewhere, while they decreased, in euro terms, by €680m in Latin America. However, the retailer noted the sharp improvement in its profitability during the quarter, with its EBITDA rising by €22m to €429m, driven by its on-going...
07 May 2021
On Tuesday 27 April Grupo Éxito (part of the French retail group Casino) opened its latest Éxito Wow store in Colombia, following an investment of COP10 bn (US$2.6m). The new store is the retailer’s twelfth in the Wow format and is the first to open in 2021. Source: Grupo Éxito Grupo Éxito reported solid annual sales growth of 13.9% for the Wow format in 2020. The majority of the ...
23 April 2021
Retailer OXXO, owned by the FEMSA beverage and retail company, is the largest chain of convenience stores in Latin America. It ended 2020 with 19,566 stores, of which 19,295 are in its domestic market Mexico. Government restrictions on mobility throughout the pandemic has led to challenging trading conditions for the businesses, which relies heavily on sales from on-the-move and transient ...
20 April 2021
The convenience channel remains a great opportunity for growth. We have published a series of new reports for our IGD Retail Analysis subscribers: The convenience channel’s global outlook Global growth opportunities Multiformat retailers trading convenience stores Below are some of the key highlights to help you plan for the future... Use IGD’s view to drive change...
07 April 2021
At the end of March 2021, Carrefour Brazil opened its first two fully autonomous stores. The stores use scan & go technology, which Carrefour is using in 40 Express stores, however these are its first unstaffed stores. "We already have 40 stores with the scan & go system. Our innovation area is conducting robust work to create an ecosystem that connects all of our businesses in one applicatio...
07 April 2021
DIA said as part of its 2020 FY results its consolidated sales increased by 0.2% to €6,882m, compared to 2019. DIA continues to make improvements DIA’s sales increased 0.2%, despite a decrease in its store network by 6.9%, across Spain, Portugal, Brazil, and Argentina. The group achieved the sales increase despite the headwinds of tourism levels in Spain and Portugal being low due to COVID-...