Earlier this year, Brazilian retailer GPA (part of the French retail group, Casino) successfully spun off its cash and carry format, creating two separate retail businesses (GPA and Assaí). On October 15, 2021, GPA entered into a binding agreement and strategic transaction with Assaí to sell the majority of its hypermarkets, which will be converted to Assaí. 71 stores to be converted to Assaí...

Mexican business Jüsto was established in 2019, as the countries’ first pureplay (100% online) grocery delivery business. It launched with an ambitious aim to disrupt the grocery industry in Latin America and within its first two years raised an impressive US$100m venture capital investment. On Tuesday 5 October, Jüsto announced it had formed an alliance with Rappi, Latin America’s lar...

Quick commerce is becoming increasingly competitive in Latin America. The sector is currently dominated by local operators, including Rappi, Cornershop (recently acquired by Uber), and iFood. These businesses have profited from their local know-how, such as understanding consumption habits and knowledge of LatAm’s complex road networks, which is fundamental for logistics and delivery.   This y...