Latin America News & Analysis

01 March 2022
The effects of the pandemic led to an accelerated growth in ultra-fast delivery services in Latin America. Throughout 2021, we saw some of the regions most well-established quick commerce businesses launch dark store models, which would enable them to offer quicker deliveries. Examples include Rappi Turbo, Merqueo Ultra and PedidosYa Market. Also in 2021, US business JOKR became the first f...
25 February 2022
France’s Casino reported group net sales fell 0.8% in 2021, at constant exchange rates, dragged down by its performance in its home market. On a two-year basis Casino said sales were up 6.9%, although even here sales in France were down, with its operations in Latin America offsetting the challenges it is seeing in its home market. France: all banners suffered fall in sales in 2021… Reporti...
17 February 2022
As Walmart’s revenue approaches $570bn, we look at what’s driving its continued strong performance and consider what’s next for the business as it starts to gain traction with its flywheel model. Walmart's key numbers Walmart's total revenue in Q4 increased by 0.5% to $152.9bn, negatively impacted by divestments of $10.2bn Sales in its US stores increased by 5.7%, with Sam’s Club up 1...
14 February 2022
In October 2021, GPA (part of the French retail group Casino) announced the divestment of its hypermarket format . In recent years, Brazilian hypermarkets have struggled to compete against the rising popularity and rapid expansion of the atacarejo (cash and carry) format, which continues to gain share. Jorge Faisal, GPA’s CEO, said its hypermarket banner (Extra Hiper) “represented 25% of i...
02 February 2022
COVID-19 has impacted the food and consumer goods landscape in Latin America, altering shopping habits, forcing retailers to rethink their strategies and accelerating trends. There is ongoing uncertainty over what the future holds and new variants continue to cause disruption and operational challenges.  With an eye on the next 12 months, we have identified five trends that we believe will sha...
27 January 2022
In March 2020, Carrefour Brazil announced the acquisition of its competitor Grupo BIG for approximately BRL7.5bn (US$1.36 bn). The move would see the biggest retailer in the market, accumulate the third biggest. The General Superintendency of the Administrative Council for Economic Defence (CADE) of the Government of Brazil has partially approved Carrefour’s acquisition of Grupo BIG. CA...
25 January 2022
Walmart de México y Centroamérica, also known as Walmex, operates 864 stores (Q3 2021) across five markets in Central America; Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua.   The retailer is assessing “strategic alternatives” for its operations in Honduras, El Salvador and Nicaragua, which could lead to forthcoming sales or joint ventures. “We believe there may be attractive ...
20 January 2022
We highlight five trends that will shape the convenience channel this year and beyond. RA subscribers can access the full report here . 1) Return of regional divergence COVID-19 removed a lot of the nuances between convenience stores in different markets and regions globally. Many retailers incorporated a wider selection of pantry and essential items. While some categories w...
19 January 2022
Unless Brazilians live in the city of São Paulo (where grocery convenience stores concentrated), most consider convenience retail to be the stores located at petrol forecourts. ampm (operated by the Brazilian fuel company Ipiranga) is the largest forecourt convenience operator in Brazil. With over 2,000 points of sale, it is also the biggest convenience retailer in the country. In December ...
13 January 2022
Roughly 60% of Brazil’s convenience stores are franchises of major fuel brands. The big three retailers are ampm (operated by Ipiranga), BR Mania (Petrobras) and Shell Select. Source: Brasil Postos The channel has grown exponentially over the last decade, however only 20% of Brazil’s total fuel stations (around 8,100 out of 40,000) have convenience stores. The penetration of stores is ...