Uruguay news

21 November 2018
Casino-owned, Colombia-based Grupo Éxito has released its Q3 results. The retailer reported an increase in consolidated net revenue of 9.5%, to US$4bn, before adjusting for exchange rate differences. The group recorded growth in each of its four operating countries; Argentina, Brazil, Colombia and Uruguay. At the end of the quarter, Grupo Éxito had a total of 1,536 stores; 29 in Argentina, 870...
24 May 2017
Despite challenging macro-economic conditions Grupo Exito has reported positive results for Q1 2017. Sales rose from COP13.3 bn (USD4.4m) to COP 11.8 (USD4.0m), a 12.9% increase on Q1 2016. Grupo Exito continued to expand in the quarter with five stores new stores opening, bringing the current total to 1,559. Brazil: Assai drives growth Total sales for Brazil were +9.5% on last year and +5....
18 April 2017
France-based Casino has announced first quarter results, which showed, at a Group level, a sequential improvement for total growth, but a slowing rate of increase in organic and same-store terms. The retailer's total sales growth, which rose by 11.6% to €9.3 bn, was boosted by its performance in Latin America, where total growth increased by 30.2%. France: continued progress in majority of ...
17 January 2017
France-based Casino has said total sales rose 9.1% in its fourth quarter to €10.0 bn, with a small contraction in the three months in its home market being offset by growth in Latin America and in its ecommerce division. France: Monoprix and supermarkets lead the way In its home market, Casino said total sales contracted by 0.5% to €4.9 bn, organic growth also shrank, by 0.6%, but same-store...
01 December 2016
Grupo Éxito has reported Q3 sales of COP16,571bn (USD5.2bn), up 12.1%, with food sales ahead by 16%. Meanwhile, the retailer posted a net loss of COP100.3bn (USD31.6m), affected mainly by financial expenses in Colombia and a net loss in Brazil. Colombia: strong growth despite adverse economic scenario Sales in Colombia increased by 10.6%, largely fuelled by the improved performance of Éxito ...
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...