Brazil news and analysis

05 February 2021
In 2020, the Covid-19 pandemic impacted the food and consumer goods industry in a way that no one could have foreseen at the start of the year. Shopping habits changed at rapid pace and the retailers had to adapt to meet their changing needs. Although it is unclear exactly what the next 12 months will bring, the actions of the region’s leading retailers in 2020 help to us to understand the d...
22 January 2021
Turkish on-demand rapid delivery company Getir announced it has secured $128m for international expansion in a funding round. Valued at $850m The funding round, led by venture capitalist Michael Moritz’s Crankstart Investments and Brazilian Base Partners, valued Getir at around $850m. With this investment, Getir aims to expand internationally to offer its services initially in London, Sao P...
22 January 2021
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...
19 January 2021
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...
15 December 2020
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...
16 November 2020
Spain-based DIA announced group net sales increased by 2.5% to €1.7 bn, with like-for-like (LFL) sales up 6.3%. The retailer continues to improve its performance by focusing on the five pillars of its roadmap, which includes optimisation of its assortment, its private label ranges, online sales and express delivery, franchisees, and operations. Sales performance DIA Spain’s sales increased ...
10 November 2020
Amazon announced it has opened three new distribution centres in Brazil to decrease delivery times in different regions of the country. Largest logistical expansion in the country The three new distribution centres are located in Minas Gerais, Distrito Federal, and Rio Grande do Sul, and mark the largest logistical expansion for Amazon in the country so far. Amazon now operates eight distri...
10 November 2020
Until recently, Brazilian consumers have had a negative perception of private label, with many considering the products as being of low quality. Suppliers have invested in their brands building strong connections with shoppers, which has created a challenge for retailers looking to encourage them to try something new and different. It is, therefore, key for private label products to co-exist al...
28 October 2020
Carrefour reported total sales rose 5.5%, at constant exchange rates, to €19.7 bn, with like-for-likes rising 8.4% in its third quarter. The retailer said its growth was its ‘ best performance in at least 20 years ’. The positive results were broad based, with most markets and channels seeing growth, and came despite ‘ an unfavourable petrol effect ’ and ‘ an unfavorable exchange rate effect ’...
27 October 2020
In February 2019, LetterOne Retail (the majority owner of DIA Group) announced its Make DIA a Champion five-year rescue plan to secure the retailer’s future. Prior to this DIA had been facing serious financial difficulties. The Make a DIA a Champion plan is now well underway and is showing impressive results . In Q3, DIA Brazil’s net sales increased by 20% (in local currency), with a ...