Latin America News & Analysis

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...
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 ...
22 February 2021
Historically, across Latin America food-to-go has not been a particular hot spot for product innovation and the category is often uninspiring. This is possibly due to the vibrant street food culture in the region, which is readily available, fast to produce, delicious and affordable. However, in the last year we have started to see early signs of innovation in the category. Despite these dev...
19 February 2021
Chilean retail group Falabella aims to open 11 new supermarkets in 2021. This will consist of four Tottus stores in Chile and seven supermarkets in Peru, across its Tottus and Hiperbodega banners. The business will also invest US$243m in optimising its store network, which spans across supermarkets, shopping centres, and home improvement stores. Heavy investment in 2021 Falabella’s CEO G...
16 February 2021
Shoppers’ needs have evolved in recent years and they increasingly want stores and online delivery services that can adapt to their busy lifestyles. This has been accelerated by the conditions of the pandemic, which have impacted mobility, creating a greater need for delivery. In response, retailers are investing in ecommerce and re-prioritising their omnichannel strategies. Walmart Mexico (...
05 February 2021
In 2020, the Covid-19 pandemic impacted the food and consumer goods industry in a way that no one could have foreseen at the start of the year. Shopping habits changed at rapid pace and the retailers had to adapt to meet their changing needs. Although it is unclear exactly what the next 12 months will bring, the actions of the region’s leading retailers in 2020 help to us to understand the d...
04 February 2021
The COVID-19 pandemic proved to be a challenge, but also an opportunity to accelerate development for discounters. In several markets with high penetration of online, such as the UK, the lack of ecommerce proved to be a weakness for the discount channel. However, the value proposition of the channel resonated well with increasingly savvier shoppers, ensuring footfall and sales remained strong. ...
02 February 2021
With a strong fourth quarter rounding off a great year, Colgate-Palmolive’s chairman, president and CEO, Noel Wallace, has outlined how investing in innovation, productivity and capabilities will enable it to build on the momentum of 2020 in the year ahead and beyond. Forecasting organic sales growth of 3-5% in 2021 For 2021, the company is planning for organic sales growth of 3-5%, with co...