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...

In January 2021, Cencosud announced significant new investment plans, with a projected spend of US$1.8 bn between 2021–2023. The bulk of this was to be invested in refreshing its existing estate and expanding its store network. Then in Q4 2021, Cencosud registered a request for an IPO with the Securities and Exchange Commission (CVM), for the primary distribution of shares. Funds raised would ...

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 ...