Jerónimo Martins posted a resilient performance during the third quarter as it announced its results. The retailer said its third quarter saw some return to a new normality, which it underpinned with strict cost control. Biedronka continued to perform well in Poland, showing its flexibility since the beginning of COVID-19.  Sales performance Jerónimo Martins’s consolidated sales, in Q3 2020...

Colombian business Koba Colombia SAS (Koba) opened its first D1 discount store in Medellín, Colombia, in 2009. D1 became the first discount chain to enter the market. A decade later, Koba celebrated the huge milestone of opening its 1,000 th store and announced ambitious plans to double this number. In recent years, the business increased the pace of store openings and on Wednesday 7 Oc...

In October 2019, Uber announced it had reached an agreement to acquire a majority stake in Chilean grocery delivery start-up Cornershop, subject to regulatory approval ( covered here ). The move would enable Uber to extend its on-demand offer across the Americas to include grocery delivery. Source: Cornershop In July 2020 Uber Technologies unveiled that users in select Latin Americ...