Supermarkets are set to experience modest growth over the forecast period due to low levels of expansion and fierce competition from hypermarkets and convenience stores. Nonetheless, to enhance shopping experiences, investment in technological initiatives is expected.
E-commerce is a key channel for grocery retailers and has been growing at a healthy pace in recent years. Moving forward, it will become an increasingly important channel for supermarkets to stay ahead of the competition.
Investment in omnichannel solutions is becoming an essential part of many consumers’ lives, due to the convenience of being able to purchase items from anywhere and quickly as possible. In line with this trend, Credibanco and Travvis have launched a Smart-Cart solution for supermarket purchases, where it is no longer necessary to go through the cash registers to pay.
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Understand the latest market trends and future growth opportunities for the Supermarkets industry in Colombia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Supermarkets industry in Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Supermarkets are chained or independent retail outlets with a selling space of between 400 and 2,500 square metres and with a primary focus on selling food/beverages/tobacco and other groceries. Supermarkets may also sell a selection of non-groceries, but the product mix is skewed towards grocery items. Example brands include Casino, Kroger, and Tesco. Exception: In some markets, primarily the US, Australia and Hong Kong, there are grocery retailer brands that operate outlets with a selling space of over 2,500 square metres, but offer only a very limited range of non-grocery merchandise or none at all. These brands are included in Supermarkets.
See all of our definitionsThis report originates from Passport, our Supermarkets research and analysis database.
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