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Cencosud has reported supermarket revenue of CLP1,670.3 tr (US$2.1 bn) in Q3. In local currency this represents a 0.6% increase. The slight growth was driven by revenues in Argentina, Chile and Colombia, but partially offset by Brazil and Peru. In constant currency, revenues increased by 6.9%. This reflects the depreciation of the Argentine peso and Colombian peso against the Chilean peso.

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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...

Presentations

02/12/2019
We’re wrapping up 2019 by looking at some of the most insightful discount stores we visited this year. This report will give you a view on how the discount channel is evolving globally. Discounters use a more shopper centric strategy, they invest in technology in their stores and evolve their assortments to align with latest trends.
06/11/2019
We explore the key growth markets for the convenience channel in Latin America. This outlines the conditions shaping its growth in these markets. We also deep-dive into five key themes that will influence future development in the channel.
04/06/2019
This figures-based deck summarises the forecast for the Latin American grocery market to 2023 and comes complete with a dataset.
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Key presentation

This in-depth guide to Colombia explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.

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