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Learn moreJan 2019
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Although convenience stores saw its development slow in 2018, its performance was much better than that for hypermarkets and supermarkets. Consumers continue to find this channel a good option because they make smaller and more frequent purchases, taking advantage of the different discounts that this channel offers.
Forecourt retailing has seen enormous changes in the last two years. In 2017, Pampa Energía bought the Petrobás chain, but this acquisition lasted for just one year as in 2018 the chain was sold to Trafigura, owner of the Puma brand that had begun expansion in the country.
One of the characteristics of this channel is that most players, although they belong to large chains, do not employ the same promotions as hypermarkets and supermarkets. The main chains in the modern channel offer good discounts when purchasing two equal products, usually at the weekend, but in this channel these discounts do not apply.
Carrefour is the chain that developed the convenience stores channel since 2012 with a large number of openings every year, revolutionising the modern trade channel. Carrefour continues to enjoy absolute leadership of the channel, although as a result of the current economic crisis has had to close some branches.
With the promise of offering the same prices as in its warehouse club stores, Diarco launched a convenience store chain called “Diarco Barrio”, opening 10 branches, in 2018. All the branches are located in the City of Buenos Aires and with its commitment to offer the same prices as in its large stores, it makes such stores very tempting for the general public seeking low prices.
A channel that competes directly with convenience stores and is enjoying very positive evolution is discounters. This channel has grown strongly in recent years based on expanding the number of outlets and has become a very convenient option for consumers seeking a good price/quality ratio, strongly tempting those buyers who used to visit convenience stores.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Convenience Stores industry in Argentina with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Convenience Stores industry in Argentina, our research will save you time and money while empowering you to make informed, profitable decisions.
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This industry report originates from Passport, our Retailing market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.