Carrefour reports its first quarter sales rose 9.0% to €20,239m with like-for-like (LFL) sales up by 3.4%, we look at three key takeaways from the results announcement. 1. Carrefour continues to gain market share in France, Spain and Brazil Carrefour announced it increased its sales across France, Europe and Latin America. We highlight the three countries where the retailer is gaining market ...

Chilean retailer Cencosud, which operates grocery stores in Chile, Argentina, Brazil, Colombia and Peru, is expanding its ‘Spid’ store concept across the region. This unique format comes in the form of both dark stores (therefore used for fulfilling online orders) and hybrid stores which act as both a convenience store and a hub for picking online orders.    Expanding across LATAM Cencosud ...

Circle K, Lawson and AmPm are bringing virtual experiences to its customers. We share the key highlights and our view on some of the benefits. Our view Metaverse provide brands a platform to learn and create moments of engagement, e.g. opportunities for promotions and games within this new space. Content and conversations with consumers will be quite different from social media. Businesses ...