Colombia’s Grupo Nutresa posted an 8.9% increase in third-quarter consolidated sales, totaling COP 7.2 trillion (US$ 2.2 billion) with a profit margin of 13.8%.
By encouraging unhealthy food purchases, supermarkets are worsening Latin America’s childhood obesity crisis – but certain strategies can help both public health and retailer profits, according to a recent UNICEF report.
Vegan, high in omega-3 or even home delivered: South America’s biggest egg producer, Mantiqueira, talks about how it adds value to a basic good. "We don't treat eggs like commodities," it explains.
The path forward for the sale of CBD consumer products in Latin America may be constrained by high price points and the region's patchwork of regulations, but a few countries are setting the stage for a CBD retail market, according to Brightfield...
On-demand grocery delivery app Cornershop has expanded its services to Lima, Peru and Toronto, Canada, after Mexican regulatory authority COFECE blocked its potential sale to Walmart in June this year.
Brazil’s ready meal market is small and options are uninspiring – think frozen lasagna. But regional dishes, fresh ingredients and cook-it-yourself meal kits could change this, says Mintel.
Peruvian supermarket chain Tottus is selling compostable, non-plastic shopping bags made from corn starch to help fight plastic waste as Peru ramps up its nationwide plastic bag tax.
Nestlé Brazil has launched an own-brand supermarket, Empório, at its new headquarters to give consumers a brand experience with tastings, new products and home delivery options.
Mexican food design agency Foodlosofia has worked with industry giants such as PepsiCo and Heineken to develop new products, retail concepts and eating experiences. We caught up with its CEO and creative designer to find out more.
Latin American millennials have grown up and are now juggling young families, jobs, and financial pressures. It's time to stop marketing to this demographic - worth an estimated US$30bn - as care-free, self-centered youths, says market research firm...
Rappi, an on-demand food delivery service, has received an investment of "up to $1bn" from SoftBank and its 'Vision Fund', marking the largest technology investment made for a Latin America-based company to date.
