Brazil news and analysis

21 April 2022
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 ...
23 March 2022
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 ...
21 March 2022
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 ...
16 March 2022
The convenience channel is becoming increasingly competitive in Brazil , particularly in São Paulo. Throughout the pandemic, Brazilians have spent more time at home than ever before, which has led to a rise in new autonomous store formats.  Carrefour is the first major retailer to enter this space and accelerating the expansion of its autonomous stores underpins its convenience strategy thi...
02 March 2022
Coca-Cola bottler and c-store operator FEMSA plans to expand its OXXO convenience store estate by up to 50% across Latin America over the next decade. As of February 2022, the business operates 20,431 stores in the region, with the vast majority of these in its domestic market, Mexico (20,121 stores). If it can deliver against its long-term expansion strategy, FEMSA could surpass 30,000 sto...
01 March 2022
The effects of the pandemic led to an accelerated growth in ultra-fast delivery services in Latin America. Throughout 2021, we saw some of the regions most well-established quick commerce businesses launch dark store models, which would enable them to offer quicker deliveries. Examples include Rappi Turbo, Merqueo Ultra and PedidosYa Market. Also in 2021, US business JOKR became the first f...
25 February 2022
France’s Casino reported group net sales fell 0.8% in 2021, at constant exchange rates, dragged down by its performance in its home market. On a two-year basis Casino said sales were up 6.9%, although even here sales in France were down, with its operations in Latin America offsetting the challenges it is seeing in its home market. France: all banners suffered fall in sales in 2021… Reporti...
17 February 2022
Carrefour achieved like-for-like sales growth of 2.3% in 2021, following on from a 7.8% improvement in 2020, taking its sales including VAT to €81.2 bn. The retailer said the results underlined ‘ the continuous improvement in the Group’s model and reflects solid momentum of market share gains in all key countries ’. In terms of market share gains, Carrefour called out France, Spain, and Brazil. ...
15 February 2022
As Carrefour Group engages with suppliers globally on carbon emissions reduction, its operations in France and Belgium roll out quick commerce solutions and it trials a vegan butcher in France, we round up news from the retailer. Carrefour and Everli launch service in 10 cities in France… Carrefour and Everli have officially launched their partnership in 10 cities in France: Lille, Lyon, Ni...
14 February 2022
In October 2021, GPA (part of the French retail group Casino) announced the divestment of its hypermarket format . In recent years, Brazilian hypermarkets have struggled to compete against the rising popularity and rapid expansion of the atacarejo (cash and carry) format, which continues to gain share. Jorge Faisal, GPA’s CEO, said its hypermarket banner (Extra Hiper) “represented 25% of i...