Latin America is one of the most advanced regions for quick commerce, which we define as groceries and essential products delivered in under one hour. In the last year we have seen the emergence of new pureplay businesses (e.g. JOKR, Getir, and Gorillas), and the launch of new ultra-fast delivery services from existing plyers (e.g. Rappi Turbo), which can fulfil deliveries in 10 or 15 minutes. ...

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...

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 ...