As a new Colombian middle class emerges, retail is beginning to modernise to meet the needs of a wealthier consumer base. Big Latin American retailers, sometimes called multilatinas, are introducing their brands to the country, and malls have been opening frequently, at a rate of one every 23 days in 2013, according to the National Retail Federation (Federación Nacional...
Retail
Displaying 799 - 804 of 1027
Articles & Analysis | Increased purchasing power and consumer confidence are supporting a shift in shopping habits from The Report: Colombia 2014
Interviews & Viewpoints | OBG talks to José Alberto Vélez Cadavid, President, Grupo Argos from The Report: Colombia 2014
Articles & Analysis | Construction materials are set to benefit from infrastructure and housing projects from The Report: Colombia 2014
With road and residential construction thriving, Colombia’s construction materials industries appeared poised for steady growth in the medium term. Materials produced domestically include cement, steel, PVC, brick and several raw resources including gravel, sand and metallurgical coal. All of these sectors stand to benefit from large-scale...
Articles & Analysis | Manufacturing turns to foreign trade and new markets to adapt to a changing environment from The Report: Colombia 2014
It has been a goal of successive Colombian governments to diversify the economy by developing the manufacturing sector. To a certain extent, this endeavour has been successful. Colombia has a stable industrial base with a presence in a range of industries from processed foods to petrochemicals. Some of these sectors have sustained robust...
Chapter | Industry & Retail from The Report: Colombia 2014
As the significantly divergent performances of its various sub-sectors suggest, Colombian industry is at a crossroads. Some sub-sectors have sustained robust growth during the past decade and have developed export channels targeting regional markets. However, other industries have not been able to overcome the number of challenges that nearly all Colombian manufacturers must contend with, in...
Despite instability associated with the global mining and hydrocarbons sectors, Colombia displays stable economic growth amidst a regional slowdown, in large part a result of economic liberalisation, free trade agreements and entry to a variety of trade blocs. After recording 6.6% growth in 2011 and 4% in 2012, Colombia saw a slowdown in the first half of 2013, but the economy regained momentum by the end of the year.