Latin America News & Analysis

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...
24 November 2021
In recent years, expansion of the proximity (convenience) channel has been fairly stagnant in Brazil. As of Q3 2021, the countries’ two largest retailers (Carrefour and GPA) operated just 371 stores between them. For a country of Brazil’s magnitude this feels like a missed opportunity, particularly as the channel has been a success in the city of São Paulo, where most stores are currently based. ...
19 November 2021
Early in 2021, Brazilian retailer GPA (part of the French retail Group, Casino) span off its successful cash and carry format, creating two separate retail businesses (GPA and Assaí). On October 14 (2021), it announced it was divesting its Extra hypermarket business, selling off 71 stores to Assaí, converting 28 to its supermarket banners (Pão de Açúcar and Mercado Extra) and closing the r...
10 November 2021
Following on from its Digital Day announcement , we look at several developments, including its partnership with Meta, from Carrefour globally. Carrefour and Meta sign strategic partnership… Carrefour has signed a strategic partnership with Meta. The partnership will cover all its integrated countries and, therefore, will benefit operations in France, Argentina, Belgium, Brazil, Italy, P...
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...
01 November 2021
Brazilian retailer GPA (part of the French retail group Casino) has launched a new neighbourhood supermarket format called Pão de Açúcar Fresh. The banner, which is GPA’s third under its Pão de Açúcar brand, will specialise in selling fresh products and perishables. This news comes just two weeks after the retailer announced the sale of its hypermarket format to Assaí . “As we move ou...
25 October 2021
Walmart Mexico (Walmex) has reported another strong set of quarterly results for Q3 2021. Its total revenue grew by 7.7%, totaling MX$145.6 bn (US$7.2 bn), with same-store-sales growth of 6%. In March 2021, we covered Walmex’s strategic priorities for 2021 , which were announced during its annual Walmex Day event. Here we explore the solid progress it has made against two pillars: leading i...
18 October 2021
Earlier this year, Brazilian retailer GPA (part of the French retail group, Casino) successfully spun off its cash and carry format, creating two separate retail businesses (GPA and Assaí). On October 15, 2021, GPA entered into a binding agreement and strategic transaction with Assaí to sell the majority of its hypermarkets, which will be converted to Assaí. 71 stores to be converted to Assaí...
13 October 2021
Chilean multichannel grocer SMU is the third largest grocer in Chile (in revenue terms) but operates the largest number of stores. At its annual SMU Day, held on September 30, 2021, it provided an update to its strategy, which has a strong focus on developing its omnichannel capabilities.  Its strategy is centred on four pillars: customer experience, omnichannel growth, efficiency and producti...
08 October 2021
Mexican business Jüsto was established in 2019, as the countries’ first pureplay (100% online) grocery delivery business. It launched with an ambitious aim to disrupt the grocery industry in Latin America and within its first two years raised an impressive US$100m venture capital investment. On Tuesday 5 October, Jüsto announced it had formed an alliance with Rappi, Latin America’s lar...