Carrefour has announced Q2 and H1 results showing continued strength in several markets, especially France. At a group level, Q2 showed a sequential slowdown on Q1’s performance but was against a high comparable base in 2020. In H1 the retailer said like-for-like sales rose 3.9% to €38.3 bn. H1 highlights In the first half of its 2021 financial year, Carrefour noted several positive develop...

COVID-19 has had a significant impact on grocery shopping habits in Brazil. Social distancing has led to people spending more time at home than ever before, creating a desire for hyperlocal convenience stores. This has led to a rise in autonomous store formats, which, over the last 18 months, have been opening close to homes and inside workplaces all over Brazil. Some were around pre-COVID, ho...

Latin America is one of the most advanced regions for quick commerce, which we define as groceries and essential products delivered in under one hour. In the last year we have seen the emergence of new pureplay businesses (e.g. JOKR, Getir, and Gorillas), and the launch of new ultra-fast delivery services from existing plyers (e.g. Rappi Turbo), which can fulfil deliveries in 10 or 15 minutes. ...