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Colombian Regional Supermarket Chains Expand Market Share, Study Finds

Regional supermarket chains in Colombia have experienced significant growth and increased their market share in 2024, according to a recent Kantar Worldpan...

Cencosud Expands In Argentina With Makro And Basualdo Acquisition

Chile-based retailer Cencosud is expanding its Argentinian presence by acquiring Makro and Basualdo supermarkets for $122.5 million (€119.3 million).

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...