AGP Executive Report
Last update: 10 hours agoRetail Results: Cencosud reported 9.2% third-quarter revenue growth to $4.6 billion. Online sales rose 17.4%, led by a 58.5% jump in Argentina. Falabella’s net income also climbed 18% to $196 million, supported by retail growth. Store Expansion: Starbucks Brazil is targeting 175 locations by 2027 as it resumes expansion. Food and Drink: Brazilian brewers are looking to tax reform for relief as sales remain sluggish, while Carlsberg agreed to sell Britvic’s Brazil business for €80 million. Supply Watch: Disruptions to Mexican avocado supplies could accelerate industry consolidation, and Mexico’s grape exports are forecast to fall 10%.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.