This is the latest installment in our ongoing series about retail ecommerce in Latin America. In this report, we provide updates for 12 companies in the region, as well as a summary of key trends and what they mean for the future of Latin America’s retail industry.
Key Question: How did Latin America’s most prominent retail players fare in H1 2023, and what trends should retailers look out for in 2024?
KEY STAT: Half of the 12 companies we track posted double-digit retail ecommerce sales gains in H1 2023. Others—like Cencosud and Grupo Casas Bahia (formerly Via)—reported losses, but these declines were less severe compared with H1 2022.
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