Argentina: latest news, insights and analysis | ESM Magazine

Spain’s Dia Reports ‘Strong’ Performance In FY 2023 With Profitability Growth

Spanish grocery retailer Dia's proximity strategy proved successful in its financial year 2023, with the retailer generating 'strong results' despite a cha...

Spain's Dia Posts 3.1% Sales Growth In FY 2023

Spanish retailer Dia closed its financial year 2023 with like-for-like sales growth of 3.1%, to €7.65 billion, while fourth-quarter sales reached &eur...

Spain's Dia Sees Sales Up 4.5% In First Nine Months Of Year

Spanish retailer Dia Group has reported a 4.5% increase in sales on a like-for-like basis in the first nine months of the year, to €4.64 billion.

Argentine Shoppers Face Daily Race For Deals As Inflation Soars Above 100%

Argentines, up against painful annual inflation at 113% and rising, are running a daily gauntlet to find deals and lower prices as rapid hikes often leave...

Chile's Cencosud Sees Net Income Up 163% In Q2 2023

Chilean multi-format retail holding company Cencosud reported net income of US$ 179 million (€164 million) in the second quarter of 2023, registering...

Argentina Sets Grocery Price Controls For 90 Days To Tame Inflation

Argentina's government has announced a price agreement for supermarkets to limit monthly increases to a maximum of 5% for 90 days as the country tries to t...