Chilean retailer Cencosud, which operates grocery stores in Chile, Argentina, Brazil, Colombia and Peru, is expanding its ‘Spid’ store concept across the region. This unique format comes in the form of both dark stores (therefore used for fulfilling online orders) and hybrid stores which act as both a convenience store and a hub for picking online orders.    Expanding across LATAM Cencosud ...

Jerónimo Martins has announced its FY2021 results, revealing a positive performance across all countries where it operates, Colombia, Poland, and Portugal. Positive sale growth Jerónimo Martins saw sales grow 8.3% to €20.9 bn in 2021, with like-for-like (LFL) sales rising 8.0%. The retailer revealed the positive results were supported by the cumulative effect of all banners and their drive ...

Coca-Cola bottler and c-store operator FEMSA plans to expand its OXXO convenience store estate by up to 50% across Latin America over the next decade. As of February 2022, the business operates 20,431 stores in the region, with the vast majority of these in its domestic market, Mexico (20,121 stores). If it can deliver against its long-term expansion strategy, FEMSA could surpass 30,000 sto...