Chile: latest retail news, insights and analysis | ESM Magazine

China's Crowded Wine Market Offers No Lifeline For Struggling Global Industry

Australia's wine industry has cheered news that China will drop anti-dumping tariffs, re-opening its market to imports, but the tougher economic...

Nestlé Launches 'Maggi Veg' Vegan Shelf-Stable Products

Food giant Nestlé has launched a new range of vegan shelf-stable cooking solutions under its Maggi Veg brand in Chile.

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...

Nestlé R&D Announces Partnership With UC Chile For Research On Marine Plants And Algae

Food giant Nestlé has entered into an agreement with the Pontificia Universidad Católica de Chile (UC Chile) to explore the potential of mari...

U.S. Food Retailer The Fresh Market Scraps IPO Plans

U.S. food retailer The Fresh Market Holdings Inc has filed to withdraw plans for an initial public offering, months after agreeing to sell a majority stake...

Tate & Lyle Opens New Customer Innovation And Collaboration Centre In Santiago

British-headquartered, supplier of food and beverage ingredients to industrial markets, Tate & Lyle, has announced that it has held a ribbon-cutting ce...

Italian Wine Sales Grow 7% In Value, 5.7% In Volume In 2020

Wine sales in the Italian off-trade channel (large scale retail) grew by 7% in value and 5.7% in 2020 compared to the previous year. Data from the Nomis...

Uber To Buy Chile's Cornershop In Bid To Deliver Groceries

Uber said on Friday it would buy a majority stake in online grocery provider Cornershop as the ride-hailing giant moves to expand its fast-growing delivery...