Although Jeronimo Martins offers attractive medium-term growth prospects, the short-term position is less encouraging as decelerating inflation and weak consumer demand in various markets impact sales. Decelerating inflation impacting sales in Poland Food inflation in Poland decelerated sequentially by 6% points to an average +13% in Q3 from +19% in Q2 of this year. It is estimated tha...

As retailers prime the region for expansion, here is a download of some key players in the market and what we can expect from them in the next couple of years. Cencosud leveraging its successful consolidation of The Fresh Market This year, Cencosud completed its acquisition of The Fresh Market from Apollo Global Management, and it now holds a 67% stake in the company. Cencosud reported c...

Net sales for Casino Group were down -6.6% year-on-year (YoY), and -1.2% in like-for-like sales (LFL) resulting in €5.5bn in Q2 2023. Similarly to Q1, the only positives were its Parisian and convenience banners, and operations in Latin America due to successes of GPA and Grupo Éxito. Small steps in the right direction for Casino supermarkets in France Overall net sales in France retail fel...