Colombia

Poland’s Biedronka Delays Slovakian Launch

Polish discount supermarket chain Biedronka has delayed its entry into the Slovakian market, missing the pre-Christmas shopping season.

Profits Soar 75% At Chile’s Cencosud In Second Quarter

Chilean retail giant Cencosud announced a significant 75.1% surge in profits to $117 million (€108 million) for the second quarter of 2024.

Jerónimo Martins Invests €93 Million In Bonus Scheme

Jerónimo Martins has announced plans to invest around €93 million in an 'extraordinary bonus' scheme for 90,000 of its employees in Portugal, P...

ShopFully Acquires Ofertia App And Website

European drive-to-store company ShopFully has acquired the Ofertia website and app, a platform offering deals and promotions in Spain, Mexico, and Colombia...

Brazil's GPA Mulls €190m Share Offering To Reduce Debt

Brazilian food retailer GPA has hired banks to evaluate a potential offering of primary shares worth 1 billion reais (€190 million) as part of a broad...

Jerónimo Martins Sees Profit Up 33% In First Nine Months

Portugal’s Jerónimo Martins Group saw its profits soar 33% to €558 million in the first nine months of 2023, driven by strong sales growt...

Jerónimo Martins Announces Expansion Plan For Ara In Colombia

Portuguese retail group Jerónimo Martins is aiming to have 1,300 stores of the Ara supermarket chain in Colombia by the end of 2023, up from 1,093 l...