Colombia news

02 December 2021
Grupo Éxito (part of the French retail group Casino) is Colombia’s leading grocery retailer. Today (2 December 2021) it has revealed its new 10-minute delivery service, which it is offering via its exclusive partnership with third-party quick commerce operator Rappi. The service will be used to deliver Carulla products (Grupo Éxito’s premium supermarket banner) from dark stores spread across C...
05 November 2021
As part of separate announcements, Casino has reported Q3 sales rose 1.0% in same-store terms, or by 4.1% at a total growth level, while it is set to partner with Gorillas for the quick commerce market in France. Casino Group sees sequential improvement in Q3 results Casino reported same-store growth of +1.0% in Q3, versus a contraction of -4.1% in Q2, and total sales growth of +4.1%, versu...
24 September 2021
Quick commerce is becoming increasingly competitive in Latin America. The sector is currently dominated by local operators, including Rappi, Cornershop (recently acquired by Uber), and iFood. These businesses have profited from their local know-how, such as understanding consumption habits and knowledge of LatAm’s complex road networks, which is fundamental for logistics and delivery.   This y...
07 September 2021
Colombia-based retailer Grupo Éxito (part of the French retail group Casino), operates 84 stores under its premium supermarket banner Carulla. In August 2021, the business appointed Guillermo Matías Destefanis as Carulla’s new executive director. Destefanis previously managed the Devoto supermarket banner in Uruguay, which is also owned by Grupo Éxito. In recent interviews with Colombian ec...
30 July 2021
Since launching in 2009, discount retailer D1 has grown to become the third largest grocer in Colombia and the 10 th largest company overall. Despite stiff competition it has become the first discounter in Colombia to record a profit in a Fiscal year, reflecting the positive direction it is going in. Here we explore the reasons behind its success and how the pandemic has influenced change.   ...
09 July 2021
Latin America is one of the most advanced regions for quick commerce, which we define as groceries and essential products delivered in under one hour. In the last year we have seen the emergence of new pureplay businesses (e.g. JOKR, Getir, and Gorillas), and the launch of new ultra-fast delivery services from existing plyers (e.g. Rappi Turbo), which can fulfil deliveries in 10 or 15 minutes. ...
26 May 2021
Chilean-based retailer Cencosud is rolling out a 35-minute delivery service (Spid35) in all of its operating markets (Argentina, Brazil, Chile, Colombia, and Peru). Rapid deliveries are made possible through the use of its own dark stores and through strategic partnerships with some of the regions’ largest last mile delivery businesses. Having launched the proposition earlier this year (Januar...
07 May 2021
On Tuesday 27 April Grupo Éxito (part of the French retail group Casino) opened its latest Éxito Wow store in Colombia, following an investment of COP10 bn (US$2.6m). The new store is the retailer’s twelfth in the Wow format and is the first to open in 2021. Source: Grupo Éxito Grupo Éxito reported solid annual sales growth of 13.9% for the Wow format in 2020. The majority of the ...
08 March 2021
In 2020, wholesale retailer Makro (owned by Dutch private trading group SHV Holdings), celebrated its twenty fifth year of operating in Colombia. While Makro has recently scaled back its operations in other Latin American markets, Colombia remains a market of strategic importance for the business. Over the last year it has made some significant changes to its store model to better align to cus...
19 February 2021
Chilean retail group Falabella aims to open 11 new supermarkets in 2021. This will consist of four Tottus stores in Chile and seven supermarkets in Peru, across its Tottus and Hiperbodega banners. The business will also invest US$243m in optimising its store network, which spans across supermarkets, shopping centres, and home improvement stores. Heavy investment in 2021 Falabella’s CEO G...