Discount Retail Chain D1's 2,700 stores in Colombia offers BBVA customers to withdraw savings. The fifth largest company in the country in terms of sales is now fully involved in the correspondent banking business. The hard discount chain of the Santo Domingo family's Valorem holding company announced an alliance with the Spanish bank BBVA to bring some financial services to its more than 2,700 stores. Customers of the financial institution will be able to make withdrawals of

Discount Retail Chain Biedronka whose main market is Poland booked a net profit of €214 million (US $250 million) in the quarter. Net sales rose nearly 8% to €9.14 billion and earnings before interest, taxes, depreciation and amortisation (EBITDA) increased about 12% to €664 million. 'We confirm the outlook disclosed on 1 August 2025. In an uncertain environment, our banners remain committed to ensuring price competitiveness, sustaining consumer preference, and reinforcing o

Discount Retail Chain will advance rapidly in South America. According to the Deloitte study "The advance of the hard discount. Evolution...

Discount Variety Retail Chain Akitoki, a Chinese 'Action' format, opened its first store, located in the north of the Capital Bogota. It...

The discount retail model has a promising future in Latin America, especially in a context where consumers are looking to optimize their...

Despite possessing all the hallmarks of a prime market for the Cash & Carry model, Brazil remains an underutilized opportunity for the...

The Discount Retail Chain phenomenon keeps brands, traditional supermarkets and local shopkeepers (tiendas) awake at night in Colombia....

Discount Retail Chain D1 initially appeared in 2009, and little by little two more competitors joined that, together, have changed the...

Discount Retail Chain Tiendas ARA, got a sustainability-linked loan of up to US$120million from the International Finance Corporation...

The evolution of discount stores in Colombia is growing swiftly. In the meanwhile, also the 3rd discount player, Isimo, is aiming for 600...

Discount Retail Chains D1, ARA, Olympic or Jumbo, increase their competition in Colombia to serve consumers looking for the lowest...

Jerónimo Martins, owner of discount retail chains ARA in Colombia and Biedronka in Poland, saw net income rise across the group to 140...

Discount Retail Chain Ara (owned by Jeronimo Martins), which is in Colombia and has just celebrated 10 years of operations. Ara said that...

Portugal's second-largest retailer, Jerónimo Martins (owner of discount retail chains Biedronka in Poland and Ara in Colombia), has...

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...

The hard discount stores D1 and Ara are strongly positioned among the largest companies in Colombia – despite the decline of discounter...