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Jan 72 min read
Colombia: Insights from Hard Discount 2024
The Discount Retail Chain phenomenon keeps brands, traditional supermarkets and local shopkeepers (tiendas) awake at night in Colombia....
Dec 8, 20243 min read
Colombia: Discounters will exceed 4,200 stores soon
Discount Retail Chain D1 initially appeared in 2009, and little by little two more competitors joined that, together, have changed the...
Nov 25, 20242 min read
Colombia: Tiendas Ara receives US$120 million loan from IFC for logistics expansion
Discount Retail Chain Tiendas ARA, got a sustainability-linked loan of up to US$120million from the International Finance Corporation...
Aug 4, 20244 min read
Colombia: How Tiendas Ara revolutionized the Colombian market
Discount Retail Chain Tiendas Ara revolutionized the Colombian market in just 11 years. In a decade, Tiendas Ara has managed to position...
Jul 30, 20231 min read
Colombia: Portuguese owned bulk discounter Bodega del Canasto opens 49th store in Colombia
Discounter Bodega del Canasto (owned by the Portugese Jeronimo Martins group) opened 6 stores in 2023. Source: Bodega del Canasto...
Jun 9, 20233 min read
Poland: Colombian products reaching the Polish market by Biedronka
Colombian products reach the largest retail chain in Poland. Biedronka will have a week dedicated to Colombian products such as hammocks,...
Jun 6, 20231 min read
Colombia: discount keeps on growing rapidly
The evolution of discount stores in Colombia is growing swiftly. In the meanwhile, also the 3rd discount player, Isimo, is aiming for 600...
May 11, 20236 min read
Colombia: In less than 15 years, hard discount stores revolutionized the supermarket business.
Discount Retail Chains D1, ARA, Olympic or Jumbo, increase their competition in Colombia to serve consumers looking for the lowest...
May 4, 20233 min read
Portugal: Jerónimo Martins' profits grow 59% between January and March
Jerónimo Martins, owner of discount retail chains ARA in Colombia and Biedronka in Poland, saw net income rise across the group to 140...
Mar 24, 20231 min read
Colombia: Ara discounter results over 2022
Discount Retail Chain Ara (owned by Jeronimo Martins), which is in Colombia and has just celebrated 10 years of operations. Ara said that...
Mar 23, 20232 min read
Portugal: Jerónimo Martins sees inflation boost profits
Portugal's second-largest retailer, Jerónimo Martins (owner of discount retail chains Biedronka in Poland and Ara in Colombia), has...
Mar 16, 20232 min read
Colombia: a new 1-billion-euro investment-boost for discounter ARA will create 3,000 jobs
More investment in Colombia! The group behind Tiendas Ara reported that over the next five years they expect to open 3,000 new jobs and...
Feb 5, 20231 min read
Colombia: Bulk discounter Bodega del Canasto opens 44th store
Bodega del Canasto (owned by the Portugese Jeronimo Martins group) started the new year by opening the 44th store (in city of Orito) and...
Nov 27, 20223 min read
Colombia: Discounters D1 and Ara making their position stronger amid top 35 Colombian companies
The hard discount stores D1 and Ara are strongly positioned among the largest companies in Colombia – despite the decline of discounter...
Nov 27, 20222 min read
Colombia: Discounter Ara opens its 1000th store in Cartagena, Colombia
After almost 10 years of presence in Colombia, through its brand Ara, the Portuguese company Jerónimo Martins opened this week its...
Jun 5, 20201 min read
Panama: The Mathematician behind Discount Retail Chains D1 and Justo y Bueno success
Panama: The Mathematician behind Discount Retail Chains D1 and Justo y Bueno success
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