2025 Development
Retail in Colombia in 2025 witnessed strong momentum in 2025, achieving growth of 6% to reach COP377,706 billion in current value terms, outpacing both the regional and the broader Latin American retail market. Stronger consumer sentiment underpinned retail sales, although the market remained fiercely competitive amid the rapid expansion of discounter formats, persistent informality, and the disruptive entry of ultra-low-cost online players. Successful retailers blend value and convenience with differentiated in-store experiences, pursue digital transformation, and invest in private label innovation, as Colombian shoppers increasingly favour price-driven, flexible shopping habits and demand seamless omnichannel engagement.
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Overview:
Understand the latest market trends and future growth opportunities for the Retail 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.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
- Convenience Stores
- Discounters
- Hypermarkets
- Supermarkets
- Traditional Grocery Retailers
- Apparel and Footwear Specialist Retailers
- Electronics and Appliance Specialist Retailers
- Health and Beauty Specialist Retailers
- Home and Garden Specialist Retailers
- Department Stores
- Variety Stores
- Warehouse Clubs
- Direct Selling
- Homeshopping
- Vending
If you're in the Retail 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.
The Retail in Colombia report includes:
- Analysis of key retail trends
- Detailed segmentation of offline and online retail sales
- Historic channel sizes (retail value sales, outlet counts, and selling space)
- Company and brand market shares (retail value sales and outlet counts)
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Retail in Colombia?
- Which are the leading retailers in Retail in Colombia?
- How are products distributed in Retail in Colombia?
- How is the rise of e-commerce and the expansion of modern grocery retail impacting traditional retail?
- How significant are discounters and private label in Colombia?
- To what extent are sales shifting towards digital channels?
- What is the long-term outlook for bricks-and-mortar?
- How is macroeconomic and political uncertainty affecting the retail industry?
- What types of retailers are seeing the fastest growth in digital sales?
- What is the future of retail?
Retail in Colombia
2025 Development
Key Data Insights
Colombia's Retail Market Delivers Robust Growth as Consumers Make Smaller, More Frequent Shops
Easy and Koaj Drive Shopper Engagement with Immersive Store Design
Ultra-Low-Cost Retailers Accelerates E-Commerce Growth
Ara Intensifies Expansion to Outpace Traditional Rivals with New Store Formats
Mercado Libre Leverages Live Shopping to Drive Online Engagement and Sales
Major Retailers Accelerate Private Label Expansion to Capture Margin and Loyalty
D1 and Ara Extend Lead as Discounters Reshape Value Dynamics
Cheaf and Olímpica Drive Innovation in Food Waste and Delivery
Informal Retail
Opening Hours for Physical Retail
Seasonality
Hot Sale
Back to School
Severance Savings
Valentine’s Day
Women’s Day
Holy Week
Mother’s Day
Father’s Day
Holiday
Primas Payment (extra-legal salary)
Love and Friendship Day
Halloween
Black Friday
Cyber Monday
Christmas and New Year
Convenience Retailers in Colombia
Key Data Insights
Convenience Retailers Summary
Oxxo’S Foodvenience Strategy Fuels Sustained Sales Gains and Traffic
Oxxo Partners with Public Agencies to Address Social Challenges
Robust Performance as Players Accelerate Digital and Value-Driven Growth
Oxxo Leverages Digital Engagement to Transform Customer Loyalty
Oxxo's Rapid Expansion Drives Retail Consolidation
Supermarkets in Colombia
Key Data Insights
Supermarkets Summary
Changing Shopper Behaviour Puts Supermarkets under Pressure
Olímpica and Almacenes Euro Enhance the In-Store Experience to Increase Footfall and Engagement
Éxito Leverages Private Label to Capture Key Food Trends
Expansion of New Formats to Inject Growth into Supermarket Channel
Cencosud Colombia Partners with Cheaf to Monetise Food Waste Amid Sustainability Focus
Retailers Adopt Seamless Checkout and Experiential Design to Deepen Loyalty
Supertiendas Y Droguerías Olímpica Accelerates Outlet Expansion and Tech Investment
Hypermarkets in Colombia
Key Data Insights
Hypermarkets Summary
Aggressive Pricing Strategies Support Recovery in the Hypermarket Channel
Retailers Elevate the In-Store Experience to Rebuild Loyalty and Differentiate From Discounters
Hypermarkets to Witness a Steady Pace of Growth as Private Label Retains Value-Driven Shoppers
Cencosud’S Personalised Price and Promotional Incentives Drive Loyalty and Larger Baskets
Almacenes Éxito Sa and Alkosto Intensify Innovation to Defend Share
Discounters in Colombia
Key Data Insights
Discounters Summary
Discounters Deliver Strong Growth Amid Expansion and High Price Sensitivity
Isimo Expands Reach by Integrating E-Commerce and Extending Digital Touchpoints
D1 and Ara Face New Threats as Supermarkets Embrace Discount Tactics
D1 Sustains Nationwide Expansion to Deepen Reach and Value
Ara and D1 Expand Private Label and Digital Convenience
Isimo Leverages Local Expansion and Targeted Innovation to Compete
D1 Accelerates Store Openings and Assortment to Defend Leadership
Small Local Grocers in Colombia
Key Data Insights
Small Local Grocers Summary
Hard-Discount Chains Draw Value-Seeking Shoppers Away From Traditional Stores
Low-Income Consumers Drive Traffic as Traditional Outlets Lose Relevance
Small Local Grocers Face Challenges and Pressure to Embrace Digitalisation
General Merchandise Stores in Colombia
Key Data Insights
General Merchandise Stores Summary
Variety Stores Attract Price-Sensitive Shoppers with Affordability and Novelty
Akitoki Disrupts with Ultra-Low Prices and a Broad Product Selection
Dollarcity and Miniso Accelerate Store Expansion Strategy to Drive Value-Led Growth
Temu’S Digital Push Challenges Variety Stores as E-Commerce Disrupts Impulse Shopping
Falabella and La Casa De La Belleza Elevate Experience to Reinforce Loyalty
Dollarcity Drives Consolidation with Rapid Expansion and Value Focus
Apparel and Footwear Specialists in Colombia
Key Data Insights
Apparel and Footwear Specialists Summary
Retailers Leverage Private Label Collaborations to Attract Value-Conscious Shoppers
Offcorss Engages Families with Targeted Discount Activations and Bundled Offers
Retailers Embrace Digital-First and Live Shopping to Drive Engagement
Experiential Retail Is Key Point of Differentiation
Cueros Velez Sa Leverages Circular Fashion to Widen Its Lead
Appliances and Electronics Specialists in Colombia
Key Data Insights
Appliances and Electronics Specialists Summary
Digital-First Promotions Are Leveraged to Unlock Growth
Discounters Accelerate Adoption of Entry-Level Appliances as Energy Costs Rise
Samsung Builds Trust with Risk-Free Trials to Drive Conversion
Haceb Enhances Post-Sales Satisfaction with Ai-Powered Support
D1, Agaval and Homecenter Intensify Price Competition and Expand Reach
K-Tronix Expands Partnerships, and Ishop Accelerates with Premium Launches
Home Products Specialists in Colombia
Key Data Insights
Home Products Specialists Summary
Sodimac Homecenter Boosts Recovery through Discounts and Omnichannel Upgrades
Home Improvement Chains Capture Renewed Demand with Practical Solutions
Sodimac Homecenter Upgrades Digital App as Part of Omnichannel Strategy
Home Product Specialists Redefine Store Experiences with Sustainability and Design-Led Innovation
Easy Transforms Retail Operations to Capture Diy and Outdoor Living Demand
Pet Shops Tap into Changing Family Dynamics to Drive Fastest Growth
Sodimac Colombia Asserts Its Lead in Home Products Specialists
Health and Beauty Specialists in Colombia
Key Data Insights
Health and Beauty Specialists Summary
Pharmacies Drive Experiential Beauty Retail and Boost Value Share
Aruma Elevates Beauty Shopping with Discovery-Driven Store Formats
Cruz Verde Captures Share with Trend-Led Private Label Launches
Pharmacies Extend Their Reach by Blending Wellness and Experience
Beauty Specialists Leverage Digitalisation to Boost Shopper Engagement
Temu Intensifies Competition and Reshapes the Retail Landscape
Cruz Verde and Farmatodo Extend Lead as Rival Brands Reposition
Vending in Colombia
Key Data Insights
Vending Summary
Vending Channel Delivers Consistent Growth through Convenience and Partnerships
Impulse-Driven Food Purchases Fuel Vending’S Largest Sales
Fashion Vending Captures Attention with Double-Digit Value Growth
Novaventa Responds to Enforcement with Improved Standards and Innovation
Foods Vending Secures Lead as Fashion Vending Accelerates
Eco-Friendly Packaging Preference Drives Vending Innovation and Reach
Novaventa and Autosnack Reinforce Leadership as Shares Diverge
D’Luchi’S Automated Beauty Machines Reshape Access and Expectations
Direct Selling in Colombia
Key Data Insights
Direct Selling Summary
Players Leverage Hybrid Models to Maintain Consumer Relevance
Health and Beauty Direct Selling Leads with the Support of Digital Transformation
Natura Partners with Mercado Libre to Accelerate Omnichannel Growth
Livestreaming and New Entrants Fuel Broader Product Engagement
Health and Beauty Lead Growth as Digital Adoption Accelerates
Novaventa Drives Consultant-Led Digital Expansion to Secure Share Gains
Retail E-Commerce in Colombia
Key Data Insights
Retail E-Commerce Summary
Mercado Libre Invests in Logistics and Technology to Accelerate Online Growth
Marketplace Model Expansion Broadens Choice and Strengthens Competitiveness
Hot Sale and Black Friday Promotional Events Drive Surge in Digital Participation
Bright Outlook as Amazon Partners with Rappi to Raise Online Delivery Expectations
Bre-B Launches Seamless Payments and Expands Digital Reach
Shein and Temu Disrupt with Low Prices and Cross-Border Logistics
Shein and Temu Disrupt Leaders as Éxito Leverages Omnichannel Strength
Country Reports Disclaimer
The following categories and subcategories are included:
Retail
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- Convenience Stores
- Forecourt Retailers
- Supermarkets
- Hypermarkets
- Discounters
- Warehouse Clubs
- Food/Drink/Tobacco Specialists
- Small Local Grocers
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- Department Stores
- Variety Stores
- Apparel and Footwear Specialists
- Appliances and Electronics Specialists
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- Home Improvement and Gardening Stores
- Homewares and Home Furnishing Stores
- Pet Shops and Superstores
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- Beauty Specialists
- Pharmacies
- Optical Goods Stores
- Health and Personal Care Stores
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- Bags and Luggage Specialists
- Jewellery and Watch Specialists
- Sports Goods Stores
- Traditional Toys and Games Stores
- Other Non-Grocery Retailers
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- Fashion Vending
- Health and Beauty Vending
- Appliances and Electronics Vending
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- Alcoholic Drinks Vending
- Hot Drinks Vending
- Soft Drinks Vending
- Tobacco Products Vending
- Foods Vending
- Home Products Vending
- Other Products Vending
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- Apparel and Footwear Direct Selling
- Personal Accessories Direct Selling
- Eyewear Direct Selling
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- Beauty and Personal Care Direct Selling
- Consumer Health Direct Selling
- Tissue and Hygiene Direct Selling
- Appliances and Electronics Direct Selling
- Drinks and Tobacco Direct Selling
- Foods Direct Selling
- Home Products Direct Selling
- Other Products Direct Selling
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- Apparel and Footwear E-Commerce
- Personal Accessories E-Commerce
- Eyewear E-Commerce
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- Beauty and Personal Care E-Commerce
- Consumer Health E-Commerce
- Tissue and Hygiene E-Commerce
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- Consumer Appliances E-Commerce
- Consumer Electronics E-Commerce
- Toys and Games E-Commerce
- Drinks and Tobacco E-Commerce
- Foods E-Commerce
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- Home Care E-Commerce
- Home and Garden E-Commerce
- Pet Care E-Commerce
- Other Products E-Commerce
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- First-Party (1P) Marketplace E-Commerce
- Third-Party (3P) Marketplace E-Commerce
- Grocery E-Commerce
- General Merchandiser E-Commerce
- Apparel and Footwear Specialist E-Commerce
- Appliances and Electronics Specialist E-Commerce
- Home Products Specialist E-Commerce
- Health and Beauty Specialist E-Commerce
- Leisure and Personal Goods Specialist E-Commerce
- Other E-Commerce Retailers
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Retail
Retail is the sale of new and used goods to consumers from a business for personal or household consumption from retail outlets, kiosks, market stalls, vending, direct selling and e-commerce. Retail is the aggregation of Retail Offline and Retail E-Commerce. Excludes specialist retailers of motor vehicles, motorcycles, vehicle parts. Also excludes fuel sales, foodservice sales, rental transactions, wholesale sales (e.g. Cash and Carry), and sales through cannabis dispensaries in markets where cannabis is sold legally. Sales value excluding or including VAT/Sales Tax. Retail also excludes the informal retail sector. Informal retailing is retail trade which is not declared to the tax authorities. Informal retailing encompasses (a) sales generated by unregistered and unlicensed retailers, i.e. retailers operating illegally, and (b) any proportion of sales generated by a registered and licensed retailer that is not declared to the tax authorities. Unregistered and unlicensed retailers operate predominantly (although not exclusively) as street hawkers or operate open market stalls, as these channels are harder for the authorities to monitor than permanent outlets. Activities in the illegal market, which is usually understood to refer to trade in illegal, counterfeit or stolen merchandise, are included within our definition of informal retailing. Activities in the “grey market”, which is usually understood to refer to trade in legal merchandise that is sold through unauthorized channels – for example cigarettes bought legally in another country, legally imported, but sold at lower prices than in authorized channels – will be included as informal retailing if no tax is paid on sale by the retailer. However if the retailer pays tax – for example on cigarettes bought legally in another country but sold at a lower price than standard – the sale is included within formal retail.
See all of our definitionsWhy buy this report?
- 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
This report originates from Passport, our Retail research and analysis database.
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