Latin America Retail Ecommerce Players Q2 2022 Review and 2023 Outlook

How 12 Companies Are Navigating a Rapidly Changing Landscape

Executive Summary

The latest installment in this series offers retail and ecommerce updates for 12 companies in Latin America, a summary of key trends, and their implications for the region’s retail industry.


  1. How did retail ecommerce sales fare among Latin America’s most prominent players in Q2 2022, and which countries are affecting their growth?
  2. To what extent has in-store shopping impacted these retailers’ bottom lines?
  3. What do these trends mean for retail professionals heading into 2023?

WHAT’S IN THIS REPORT? Our analysis of retail ecommerce sales figures for 12 companies in Latin America during Q2 2022. Plus, key trends and developments impacting ecommerce growth amid a rapidly changing landscape.

KEY STAT: In Q2 2022, five companies saw their retail ecommerce sales decline year over year due to rising inflation, decreases in real wage growth, and a high basis of comparison in the prior year.

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Matteo Ceurvels


Paola Flores-Marquez
Researcher, Latin America & Spain
Debra Aho Williamson
Principal Analyst