Honduras news

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...
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...
18 August 2016
We review Walmart’s second quarter results and the factors behind its improved performance.  Walmart’s total revenue increased by 0.5% to $120.9bn in the second quarter, with net sales at its US stores and Sam’s Club (ex-fuel) increasing by 3.1% and 0.4% respectively. International sales were down 6.6%, impacted by foreign currency (up 2.2% on a constant currency basis). Consolidated net incom...
18 August 2016
Walmart has reported a 0.5% increase in total revenue for Q2 of fiscal 2017, with what it called "overall...another solid performance" from its international business. We look at how it fared in key Latin American markets. International performance positive across most markets Internationally, net sales declined by 6.6% to $28.6bn, reflecting the impact of currency, with sales up 2.2%...
28 July 2016
In this update, we look at what happened at retailers across the region in the second quarter of 2016, including results, format development, and new market entries. Mixed bag of results to date In Brazil, there seems to be no stopping Assaí as the atacarejo format reported 37.6% sales growth year-on-year for Q2. Proximity growth was also double digit for GPA Casino's e-commerce...
27 July 2016
Walmex has reported an 11.5% increase in net sales for the second quarter of 2016. First half revenue grew by 12.3%. Same store sales growth driving improvement Same store sales growth drove the improvement in total Walmex sales for the second quarter, however the retailer is seeking to develop a stronger contribution from new stores and e-commerce. For Mexico, Q2 total sales were up 9....
20 May 2016
In the second of our two part series, we look at how leading retailers are targeting convenience and proximity growth in Latin America.  Following our focus last week on leading supermarket retailers, this week we focus on the evolution and expansion of value-focused proximity formats. Value and proximity - the best of both worlds? Tougher economic times have made shoppers across Latin Am...
19 May 2016
Walmart International has reported net sales of USD28,083m today for Q1 FY2017, up 4.3% at constant currency rates. The division delivered an improved performance in the quarter, with ten of its 11 markets positing positive comp sales. We take a look at how Walmart fared in its key Latin American markets. Brazil: pleased with comp sales High inflation contributed to a difficult eco...