Colombian retailer Grupo Éxito, part of the Casino Group, has posted its strongest sales performance of the last three years. In Q3 its net sales reached COP2.67tn (US$779.9m), a quarterly growth of 5.6% (vs. 3.4% in Q2 and 0.6% in Q3 2018). This is the business’s seventh consecutive quarter of net sales and same-store-sales (SSS) growth. SSS grew by 5.8% in Q3, up from 3.6% in the previous ...

Jerónimo Martins has announced a positive sales performance for Q3 2019.   Positive Q3 results Jerónimo Martins’ consolidated sales increased by 8.7% with like-for-like (LFL) performance of 6.2%, in Q3 2019. Group net profit increased 3.5% to €302m, despite the impact of the additional Sunday closures in Poland. Net profit in Q3 2019 grew 8% compared to Q3 2018. Division performance J...

Colombian discounter D1 has said it believes there is scope for it to operate over 2,000 stores in the country, doubling the number of stores it operates presently. Given its aggressive expansion in recent years, we see this as a realistic target and one that is likely to be achieved sooner rather than later. The business recently opened its 1,000 th store In July 2019 D1 opened its 1000...