Latin America News & Analysis

Our global analysts share some of the latest headlines across the globe. Here's what you need to know. Lidl Denmark has opened its first tobacco free store. The retailer has plans to be tobacco free in the country by 2028 Aldi Sud is testing a new ‘Einfach Gut’ (simply good) private label range, with prices even lower than traditional entry level products There is a price war in pasta...

The retailer has recently opened a store in Paraguay, its first ever in the Americas. First store opened in 3rd largest city Opening its doors on May 5th in the city of Luque, part of the Gran Asunción metropolitan area, the 737m 2 store focuses on fresh produce and offers a wide range of products. The retailer has stated that “SPAR Paraguay seeks to provide customers with an even better ...

Overall net sales for Casino Group were down by -1.8% year-on-year (YoY) to €5.4 bn in Q1 2023. Its convenience and Parisian banners in France and operations in Latin America were the only positives. Mixed results at home Net sales in France saw a YoY fall of -4.9% in Q1 2023, which resulted in it generating total sales of €3.6 bn in the country. The largest decline in sales was experien...

Carrefour showed a strong performance in a continued challenging environment, especially as food inflation remained high across most European markets. The sales in Q1 2023 reached €22,071m an increase of 15.4% at constant exchange rates, with like-for-like (LFL) sales growing by 12.3%, compared to Q1 2022. Q1 key figures Source: Carrefour   Alexandre Bompard, Chairman and CEO add...

Overall, the French retailer reported net sales of €33.6 billion, a 5.2% same-store growth, as its LATAM performance supports challenges in its home market. Larger formats struggle as convenience drives growth in France The French market has become a lot more competitive on price, which has become a challenge for the Casino banners. Despite the impact of inflation, volume sales have dropped...

Carrefour reports a strong performance in a challenging year, especially as inflation accelerated across all European markets. The retailer confirms its net sales in 2022 reached €81,385m an increase of 15.5%, with like-for-like (LFL) sales growing by 8.5%, compared to 2021. The group has successfully navigated a challenge environment to protect shoppers purchasing power, while also focusing on i...

At a group level DIA reported an increase in net sales to €7,286m an increase of 9.6% compared to the same period in 2021. DIA revealed the group completed 2022 with a total network of 5,699 stores. DIA’s outstanding sales performance The DIA Group has made significant improvements on previous years, increasing sales across all markets it operates in, which includes Spain, Portugal, Brazil ...

While we consider that we have our finger on the pulse of retail, we can often be surprised by events in our industry. Given the volatility of the last few years, coupled with the challenges we’ve seen this year with inflation, labour and the supply chain, there’s been no shortage of the unexpected. Here are some of the initiatives and performances that surprised us. Discounters Aldi and Lidl...

Walmart has announced new leaders for its businesses in Canada and Chile. The changes are being made following the departure of Haio Barbeito earlier this year from the top seat in Canada to lead US clothing retailer, Old Navy. Gonzalo Gebara to lead Walmart Canada Taking up the president and CEO position in Canada is Gonzalo Gebara, effective January 30, 2023. He currently leads the Walmar...

On 29 th November 2022, we were joined by 194 delegates from across the world as we launched our global channel forecasts to 2027. Today we launch our supporting global channel forecasts 2022-2027 reports and answer questions that we were unable to respond to in the webinar’s Q&A session. Catch up on demand and be inspired For subscribers who missed the webinar session, the recording can...