Latin America News & Analysis

06 January 2021
Peruvian business InRetail has acquired Makro’s cash and carry stores in Peru for US$360m. Makro’s South American operations are owned by SHV Holdings, a Dutch business and one of the world’s largest private trading groups. InRetail has agreed to acquire 100% of its operations in Peru (16 stores), which will help it to bolster its multi-format strategy. "This incorporation strengthens our vis...
15 December 2020
Femsa Comercio operates over 19,000 OXXO convenience stores across Mexico, Chile, Colombia, and Peru, making it the largest grocery store chain in Latin America. On December 1, Grupo Nós,  a joint venture between Raízen and Femsa Comercio, opened the first OXXO convenience store in Brazil. Source: Raízen OXXO stores are 100sq. m (on average). Femsa’s strategy for the banner was to ope...
09 December 2020
Grupo Éxito recently opened the 14 th store in its Carulla FreshMarket banner. This forward-thinking format has been certified by the Colombian Institute of Technical Standards and Certifications (ICONTEC) as the first carbon neutral food retailer in Colombia. The business invested COP6.5bn (US$1.9m) in renovating its Carulla 140 store, which opened at the end of November 2020 and is locate...
07 December 2020
Although the COVID-19 pandemic curtailed most of our travel plans in 2020, there has been no shortage of new store concepts to see. In our new report, we highlight 50 new food retail and drugstore concepts that are set to inspire store developments in 2021 and beyond. Since the start of the pandemic we have seen a stronger focus on the use of technologies to support a contactless experience and t...
24 November 2020
On November 5 Walmart Mexico (Walmex) opened the first store under its Walmart Express banner. Following our in-depth look at the strategy and expansion plans for the new banner, we now take a closer look at the pilot store and its new features. Source: Walmex Refreshed design and layout The store’s design has been modernised. New signage, with large lettering and colourful imag...
17 November 2020
Walmex has launched an innovative new supermarket banner in Mexico. Its first Walmart Express store opened November 5 in Lomas del Valle, in the city of Puebla. With an initial investment of MXN1.3 bn (US64m), the business plans to convert existing Superama supermarkets to the new format, as well as opening new stores. Source: Walmex Stores will be a mix of conversions and new stores ...
16 November 2020
Spain-based DIA announced group net sales increased by 2.5% to €1.7 bn, with like-for-like (LFL) sales up 6.3%. The retailer continues to improve its performance by focusing on the five pillars of its roadmap, which includes optimisation of its assortment, its private label ranges, online sales and express delivery, franchisees, and operations. Sales performance DIA Spain’s sales increased ...
10 November 2020
Amazon announced it has opened three new distribution centres in Brazil to decrease delivery times in different regions of the country. Largest logistical expansion in the country The three new distribution centres are located in Minas Gerais, Distrito Federal, and Rio Grande do Sul, and mark the largest logistical expansion for Amazon in the country so far. Amazon now operates eight distri...
10 November 2020
Until recently, Brazilian consumers have had a negative perception of private label, with many considering the products as being of low quality. Suppliers have invested in their brands building strong connections with shoppers, which has created a challenge for retailers looking to encourage them to try something new and different. It is, therefore, key for private label products to co-exist al...
06 November 2020
Walmart Inc. has agreed to sell its retail operations in Argentina to South American retail group Grupo de Narváez. Tough trading conditions for international businesses Walmart entered Argentina in 1995 and ran a multiformat operation, with 92 stores across 21 provinces. In recent times, Argentina has been battling with a currency crisis. A hyperinflationary economy and high levels of unem...