All South America articles – Page 3

  • Argentinian retailer La Martina has 32 stores in South America
    Opinion

    Comment: UK retailers can find success trading overseas

    2013-05-16T07:00:00Z

    For the past four weeks I’ve travelled around the world: Hong Kong, Australia and the Americas, South and North.

  • News

    Jerónimo Martins opens first stores in Colombia

    2013-03-22T07:00:00Z

    Portuguese retail conglomerate Jerónimo Martins has opened its first five stores in Colombia, in the cities of Pereira, Santa Rosa de Cabal and Armenia.The outlets operate under the new Ara banner and are neighbourhood discount stores located in residential areas. Their average sales area ranges from 3,230 sq ft to ...

  • News

    Discount retailer Dia plans further expansion in Brazi

    2013-03-08T07:00:00Z

    Spanish neighbourhood discount retailer Dia is to expand further in Brazil.The retailer, which became independent from French Carrefour in mid-2011, aims to accelerate expansion to 100 new openings, compared with 81 last year.

  • News

    CVS purchases pharmacy chain Drogaria Onofre

    2013-02-15T07:00:00Z

    US retailer CVS has purchased 44-store pharmacy chain Drogaria Onofre.CVS chief executive Larry Merlo said: “We view Brazil as an attractive market given that healthcare and pharmacy are expected to grow double digits for the next decade. It’s still a highly fragmented market, so we see nice opportunity to grow ...

  • News

    Sephora plans South American store openings

    2012-12-21T07:00:00Z

    LVMH-owned beauty chain Sephora plans to open 50 stores in South America in the next four years.The retailer, which entered Brazil in 2010 with the acquisition of beauty etailer Sack’s, opened two stores in São Paulo this summer.

  • The retailer will now focus on growth in its other operations in Brazil
    Analysis

    International analysis: Carrefour ends Brazilian ecommerce operations

    2012-12-14T07:00:00Z

    For most people, the words ‘Brazil’ and ‘online’ are often synonymous with growth.

  • News

    Amazon ventures into Brazil with Amazon.com.br

    2012-12-14T07:00:00Z

    Amazon has made its first foray into Brazil with the launch of ebook site Amazon.com.br. The site offers more than 1.4 million Kindle books priced in Brazilian Reals, including more than 13,000 Portuguese-language titles. Amazon says its Kindle ereader will be available within weeks priced at BRL299 (£89). Meanwhile, Brazilian ...

  • News

    Grupo Pão de Açúcar posts sales growth

    2012-10-19T07:00:00Z

    Casino’s Brazilian operation Grupo Pão de Açúcar posted sales growth of 8.7%, or 7.1% in like-for-like terms, to BRL13.7bn (£4.17bn) for the third quarter of 2012.According to the retailer, it was mainly because of the strong performance of the Assai, Minimercado Extra and Ponto Frio banners.

  • News

    Construction begins on The Mall of San Juan

    2012-09-28T07:00:00Z

    Construction has begun on a new luxury mall that will bring Nordstrom and Saks Fifth Avenue to the US territory for the first time.The Mall of San Juan is being built near the main international airport and represents a $405m (£250m) private investment.

  • News

    UK and Germany named 'easy' markets for expanding retailers

    2012-09-10T16:07:00Z

    The availability of prime locations, the maturity of the retail property and an open business environment make the UK the second easiest market for retailers seeking to expand, according to a new report.

  • The country’s famous flip-flop brand Havaianas
    Analysis

    Analysis: Why have so few retailers entered Brazil?

    2012-08-30T07:00:00Z

    As the countdown to the Rio Olympics begins, Rebecca Thomson looks at the country’s retail industry and asks why few UK retailers have ventured into one of the world’s largest economies.

  • News

    Amazon plans to launch Kindle technology in Brazil

    2012-07-06T07:00:00Z

    Amazon plans to launch its Kindle e-reader and an online Kindle bookstore in Brazil during the fourth quarter to benefit from a growing ecommerce market.It is thought that a launch may be limited to Kindle ebooks initially in order to minimise the risks associated with rolling out a full Amazon ...

  • Carrefour
    Analysis

    Challenges await the new Carrefour chief executive

    2012-04-20T07:00:00Z

    In Lars Olofsson’s last full quarter as chief executive, French grocery giant Carrefour reported a 0.9% rise in first quarter sales excluding fuel, at constant exchange rates, to E22.5bn (£19bn).

  • News

    Walmart to focus on expanding existing operations

    2012-04-18T16:31:00Z

    Walmart is to concentrate on expanding its operations in existing markets rather than entering new locations this year. However, the retailer is still looking at possibilities to enter new countries and acquire technology and other capabilities.Walmart highlighted it has no plans at present to enter Russia but said it would ...

  • News

    Casino to take full control of Brazilian supermarket chain

    2012-03-30T07:00:00Z

    French retailer Casino has started the process to take full control of Brazilian supermarket chain Companhia Brasileira de Distribuição SA (CBD). Casino said it had informed Abilio Diniz, head of the Diniz Group, which currently controls CBD, of its decision to exercise its right to appoint the chairman of the ...

  • Topshop
    Analysis

    How can IT drive international expansion?

    2012-03-13T07:00:00Z

    How can retailers expanding into new international territories ensure sales aren’t hampered by IT headaches? Alison Clements reports on how EPoS systems can be rolled out globally.

  • News

    Gap opens its first store in Panama

    2012-03-09T07:00:00Z

    Fashion retailer Gap has opened its first stores in Panama and plans to expand into Colombia, Uruguay and Peru as it increases its presence in Latin America over the next two years.The retailer opened one Gap store and a Banana Republic shop in Panama City, marking its first locations in ...

  • Casino is having a tough time at home but Brazil and Colombia are doing well
    Analysis

    Emerging markets drive profits growth at Casino

    2012-03-09T07:00:00Z

    French grocery group Casino reported strong results for 2011 last week, boosted by overseas operations.

  • News

    Inditex opens first Zara store in Peru

    2012-02-03T07:00:00Z

    Inditex has opened its first Zara store in Peru in the capital, Lima. The shop is in the Jockey Plaza shopping centre, has a sales area of 19,375 sq ft and stocks collections produced for the southern hemisphere.

  • News

    Grupo Pão de Açúcar reports net sales increase

    2012-01-20T07:00:00Z

    Casino-owned Grupo Pão de Açúcar has reported a 21.2% increase in net sales to BRL13.4bn (£4.9bn) for the fourth quarter.Total sales for 2011 jumped 45.2% to BRL46.6bn (£17.1bn). Despite weaker demand amid the economic slowdown, like-for-like gross sales at the grocery retailer’s food division rose 8.7%, the highest quarterly growth ...