Latin America News & Analysis

13 January 2022
Despite the uncertainty and complexity created by the COVID-19 pandemic over the last 18 months, retailers across Europe have continued to focus on and invest in store innovation to meet the changing demands of the shopper. From hydroponic herb greenhouses and walkout payment technology, to restaurant meals and refill stations, the market is developing exciting new concepts and opportunities t...
04 January 2022
In December 2021, Walmex (Walmart Mexico) opened its first gas station stores in Mexico. These small units are built adjacent to its Walmart and Bodega Aurrera (Walmex’s discount banner) gas stations.    The launch of Bodega Aurrera Gas Walmex’s first Bodega Aurrera Gas store is located in Celaya, central Mexico. The 60 sq. m store is built adjacent to a Bodega gas station. Source: ...
08 December 2021
In October 2020, FEMSA Comercio, which operates the OXXO chain of stores in Latin America, announced it had reached an agreement to acquire OK Market from SMU (Chile’s third largest retailer). The deal, which was reported to be worth close to US$55m, was subject to regulatory approval and has now been given the green light. This acquisition, coupled with OXXO’s expansion plans in Brazi...
06 December 2021
Over the last 10 years, Dollar General has opened more than 8,000 stores, recently surpassing the 18,000 store mark. But even by its standards, the plan to undertake over 3,000 store projects next year is a bold ambition. Dollar General’s store development plans breaks down into four key buckets: New core stores Remodels New Popshelf stores Testing international expansion in Mex...
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...