Guatemala profile

Guatemala news

02 July 2019
Canada’s leading dollar store chain, Dollarama, has acquired a 50.1% interest in Latin American value retailer, Dollarcity. This builds on the existing cooperation agreement between the two chains. Commercial agreement since 2013 Dollarama and Dollarcity entered into a commercial agreement in 2013. This focused on sharing business expertise and in Dollarama providing sourcing services to Do...
16 March 2017
We assess four initiatives announced in the past seven days to drive new growth across Brazil, Mexico, Central America and Colombia. Walmart in Brazil: full speed ahead with large format reinvention Following the success of initial trials, Walmart will invest BR$1bn (US$320m) in upgrading its large store estate over the next three years. It's a move that's needed, given the recent investmen...
11 January 2017
We explore how Walmex plans to consolidate its market leading position across Mexico and Central America. 1. Refocusing on food retail Over the last three years, Walmex has steadily disposed of operations that fell outside its core food retail business. In 2014 the retailer sold its restaurant chain Vips and the following year disposed of Banco Walmart. In August 2016 Walmex sold its Suburb...
25 October 2016
In this update, we look at what happened at retailers across the region in the third quarter of 2016, including who's winning, the hotspots for expansion, and who's being most innovative in-store. Retailer results: who's winning Internationally, net sales declined for Walmart in Q2 of fiscal 2017. Walmex reported strong momentum across all formats, divisions and countries, while co...
22 September 2016
Latest UN population forecasts show Latin America urbanising at a faster rate than anywhere else on earth, with 89% of the population set to live in urban areas by 2050. This is accelerating the focus on its cities, posing infrastructural challenges alongside expanded opportunities. What's a megacity and why is it important? Megacities, and others that are just below the megacity thresho...
31 August 2016
MercadoLibre's chief financial officer, Pedro Arnt, said the second quarter of 2016 was one of its strongest ever. We look at three reasons why the online marketplace is one to watch in Latin America.   1. Consistently strong results Often referred to as the Latin American eBay (eBay is actually a major shareholder) MercadoLibre posted a 29% increase in net revenues, year-on-year, for t...