Colombia: Retail Foods
Retail sales in Colombia of food and beverages are expected to grow 4.5 percent in 2015. The traditional channel, which includes a large number of small independent grocers, remains the preferred distribution channel for Colombians, with a 60 percent share of the total grocery retail sales. The modern channel, led by top players Grupo Exito, Cencosud and Olimpica, as well as convenience and discount stores, continue to experience rapidly growing sales in the retail food sector in Colombia.