OXXO, a Mexican convenience store chain (owned by FEMSA), recently announced it will open two new stores every three days until the end of the year. As of September 30, 2022, OXXO operated 20,899 stores across Latin America, and in November last year, it announced its 10-year plan to open 10,000 stores. Following a successful acquisition of Valora Group (more below), we will soon start to see ...

Jerónimo Martins has announced its Q3 2022 results, revealing a strong sales performance across all countries where it operates, Colombia, Poland, and Portugal. The groups consolidated sales for nine months (9M) increased by 21% to €18,392m compared to the same period in 2021. Overall sales performance Jerónimo Martins’ Q3 consolidated sales increased by 22.7% to €6.5 bn compared to Q3 2021...

GPA, Brazil’s second biggest retailer, and Grupo Éxito, Colombia’s leading grocer, which are both part of the French retailer Casino Group, have made it easier for customers to make healthier choices through the development of the Taeq private label range. Democratising healthier options The pandemic has been a catalyst for customers to put their health first. This has led to them conscious...