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Getir raises $128m for expansion into UK, France, Brazil and Mexico

Turkish on-demand rapid delivery company Getir announced it has secured $128m for international expansion in a funding round.

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Cencosud to invest US$1.8 bn over the next three years
Cencosud S.A. is a Chilean-based multi-format retailer with operations in Argentina, Brazil, Chile, Colombia, and Peru. The business has announced plans to invest US$1.8 bn between 2021–2023. This will be mostly invested in renovating and constructing stores, as well as developing technology and launching a new proximity supermarket banner. Heavy investment in renovating and constructing new s...
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DIA’s positive Q4 2020 results
Spain-based discounter DIA has revealed its Q4 2020 results, which showed total group sales of €1.7 bn and an increase in like-for-like (LFL) sales of 6.9%. The results were particularly positive given DIA’s store numbers fell by 457, with the retailer ending Q4 2020 with a total of 6,169.  Division sales performance DIA Spain’s sales increased by 9%, to €1.14 bn, while LFL sales grew by 10...
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First OXXO store opens in Brazil
Femsa Comercio operates over 19,000 OXXO convenience stores across Mexico, Chile, Colombia, and Peru, making it the largest grocery store chain in Latin America. On December 1, Grupo Nós,  a joint venture between Raízen and Femsa Comercio, opened the first OXXO convenience store in Brazil. Source: Raízen OXXO stores are 100sq. m (on average). Femsa’s strategy for the banner was to ope...
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Presentations

Latin America retail outlook 2021
21/01/2021
We highlight five trends set to shape the food and consumer goods retail market across Latin America in 2021.
Strategic outlook for Carrefour
16/12/2020
Understand how Carrefour's global strategy has been impacted and accelerated by COVID-19 and how it is looking to evolve and embed its model and organisation as part of its aim ‘to be the world leader [for] food transition for all’.
The discount channel’s evolution in Latin America
07/12/2020
The discount channel is evolving at pace in Latin America and this has sped up since the start of the Covid-19 pandemic. In this report we look at each of the major discounters and highlight their latest developments. We explore five themes for how the channel is evolving and provide some hypotheses for how the channel could evolve further in the next five to 10 years. We also consider the opportunities and challenges for suppliers and manufacturers.
View all presentations

Key presentation

Brazil country presentation

This guide to Brazil explores the key trends in grocery retail, the outlook for the market over the five year forecast period and the growth strategies of country’s leading retailers.

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We've grouped all the latest Latin American retail news, store visits, retailer profiles and downloadable presentations together in one place.

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