OXXO, a Mexican convenience store chain (owned by FEMSA), recently announced it will open two new stores every three days until the end of the year. As of September 30, 2022, OXXO operated 20,899 stores across Latin America, and in November last year, it announced its 10-year plan to open 10,000 stores. Following a successful acquisition of Valora Group (more below), we will soon start to see ...

Carrefour reports a strong performance in a challenging environment, especially as inflation accelerated across all European markets. The retailer confirms its sales in Q3 2022 reached €23,504m an increase of 19%, with like-for-like (LFL) sales growing by 11.3%, compared to Q3 2021. Source: Carrefour Alexandre Bompard, Carrefour’s Chairman and CEO addresses Q3’s outcomes ‘In an en...

Through its partnership with quick commerce specialist Cornershop by Uber, Carrefour has added a new 15-minute delivery service in the city of São Paulo. Early stages of roll out The new service, called Carrefour Já, is selectable in the existing Cornershop by Uber app, but only in areas where the service is currently available. It was initially piloted in two stores back in July and expand...