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Peruvian consumers are feeling increasingly time poor, from working longer hours in busy, heavily congested cities. As such, they are seeking convenience and speed of purchase, which is driving buying decisions. This has created a space for retailers to develop proximity formats.

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Peruvian grocery retailer Supermercados Peruanos S.A (SP) began to expand its Mass discount banner in 2015. In the few years prior to this it had very few discount stores and up to 2015 the business was primarily focused on growing its Plaza Vea supermarket banner. However, SP now operates over 400 Mass stores and has opened over 100 stores annually in the last three consecutive years, makin...
On Friday 3 April Peru’s government announced its decision to close all markets, supermarkets, pharmacies and banks on upcoming Sundays, with immediate effect. Peru’s Interior Minister Carlos Morán warned the public no one should leave their home on Sundays and there are no excuses as no services will be open. This restrictive measure has been put in place to reduce the spread of coronaviru...
Mexican business FEMSA, which owns the OXXO convenience store chain, has reported sales of MXN184.8 bn (US$8.4 bn) for 2019 for its proximity division (it also owns health stores and gas stations). This figure, which includes all its proximity stores in Mexico, Colombia, Chile and Peru, represents a 10.4% year-on-year (YoY) increase. Same-store-sales (SSS) rose by an average of 5%, which was d...

Presentations

05/06/2020
In Latin America grocery retailers and FMCG businesses are starting to consider the future of retail in a post-Covid-19 world. This report builds on our 10 global hypotheses, which we published in April, focusing on the six that have been the most prevalent in the region. We look at the how these hypotheses have played out, giving examples of how businesses have responded during the pandemic. We give our view of how we expect these changes to continue to evolve in the medium term and provide implications and considerations for manufacturers.
03/03/2020
This report provides insight on the evolution of last mile, rapid delivery services in Latin America. This includes both global businesses that have entered the region (e.g. Uber Eats and Glovo) and the extremely successful local players (such as Cornershop, iFood and Rappi).
06/01/2020
We review the five key trends set to shape the Latin American grocery market over the next 12 months and beyond.
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Key presentation

We review the five key trends set to shape the Latin American grocery market over the next 12 months and beyond.

Access key indicators for over 400 retailers and grocery market sizes for over 180 countries.

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