Latin America News & Analysis

07 April 2021
At the end of March 2021, Carrefour Brazil opened its first two fully autonomous stores. The stores use scan & go technology, which Carrefour is using in 40 Express stores, however these are its first unstaffed stores. "We already have 40 stores with the scan & go system. Our innovation area is conducting robust work to create an ecosystem that connects all of our businesses in one applicatio...
07 April 2021
DIA said as part of its 2020 FY results its consolidated sales increased by 0.2% to €6,882m, compared to 2019. DIA continues to make improvements DIA’s sales increased 0.2%, despite a decrease in its store network by 6.9%, across Spain, Portugal, Brazil, and Argentina. The group achieved the sales increase despite the headwinds of tourism levels in Spain and Portugal being low due to COVID-...
01 April 2021
Mexico-based Jüsto (Spanish for fair) is a pureplay grocer. It is committed to offering customers fresh, and high-quality produce and meat at fair prices. It achieves this by working directly with suppliers and managing the complete end-to-end supply chain, without using intermediaries. This shortens the supply chain, meaning perishables do not spend lengthy times on shelves, losing freshness....
29 March 2021
Mexican startup Jüsto was founded in 2019 and is one of Mexico’s first vertically integrated, online grocery platforms. Since its inception the business has raised around US$100m in investments. Its founder and CEO Ricardo Weber previously commented that Jüsto would disrupt the grocery industry in Latin America. Seven months on from our coverage of this , we caught up with Manolo Fernandez ...
24 March 2021
In June 2018, private equity firm Advent International acquired an 81% stake in Walmart’s Brazil business for US$4.5 bn, with Walmart retaining a 19% stake. The retailer was renamed Grupo BIG. Carrefour Brazil has now reached an agreement to acquire Grupo BIG from Advent International and Walmart. The proposed acquisition would cement Carrefour’s leadership position in the market. The trans...
17 March 2021
Autonomous stores are a growing trend we are seeing globally. Since the start of the pandemic, customers have preferred to shop in stores closer to their home. The compact size of autonomous stores enables businesses to open units that are closer, making them a convenient and safer option. Here we explore three autonomous store concepts we have seen in the region.  Oxxo Smart, Mexico ...
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...
08 March 2021
Earlier this year, we outlined five global trends that will shape the convenience channel this year and beyond. Below are some case studies to show how sustainability and health are rising up the agenda. Taiwan: increasing healthier options Well-known Taiwanese brand I-Mei is promoting new products at FamilyMart, emphasising local origin, quality and no preservatives added. While Famil...
01 March 2021
France-based Casino saw consolidated net sales rise 8% at constant exchange rates, to €31.9 bn, in its 2020 financial year. However, they fell by 7.9% after considering exchange rate effects and hyperinflation and the falling price of fuel. The retailer’s full year results rose by 9% and by 8% in organic and same-store terms respectively. France: +3.0% in same-store sales Casino reported to...
01 March 2021
Walmart Mexico (Walmex) recently reported total revenue growth of 8% for 2020 and 5.9% for Q4. Same-store-sales increased by 6.7% for the full year (4.9% in Q4). At its annual Walmex Day event, the business outlined three business priorities for the year 2021 and beyond: win in discount lead in omnichannel develop its ecosystems. Ambition to become the omnichannel market leader ...