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Colombia Retail Report Q2 2016

Colombia Retail Report Q2 2016

BMI View: Economic headwinds facing Colombia will extend into 2016 as low commodity prices,struggling emerging markets and weak peso are hurting households and retailers in the country. Highinflation will likely force some consumers to delay large purchases until at least 2017, as non-essentialsretail will slow down this year. However, the economic growth will persist and macroeconomicenvironment for retailers will likely improve after 2016.

Key Views And Developments

Ripley, a Chilean retailer, and one of the two largest department store chains in Colombia, has announcedthat it would be leaving the country after accumulating USD27mn in losses in 2014 alone due tounexpected macroeconomic shifts. The firm operated six stores in Colombia.

Grupo Uribe, one of the major franchise operators in Colombia, closed all of its 12 Mango stores in thecountry quoting allegedly unfair competition as the reason for exit.


BMI Industry View
SWOT
Retail SWOT
Industry Forecast
Headline Retail Forecast
Table: Total Household Spending (Colombia 2013-2020)
Table: Retail Sector Spending, % Of Total (Colombia 2013-2020)
Table: Retail Sector Spending, % of GDP (Colombia 2013-2020)
Table: Headline Retail Sector Spending (Colombia 2013-2020)
Retail Sector Forecast
Food & Drink
Table: Food, Drink & Tobacco Spending (Colombia 2013-2020)
Clothing & Footwear
Table: Clothing & Footwear Spending (Colombia 2013-2020)
Household Goods
Table: Household Goods Spending (Colombia 2013-2020)
Personal Care & Effects
Table: Personal Care Spending (Colombia 2013-2020)
Household Income and Numbers Forecast
Table: Household Income Data (Colombia 2013-2020)
Table: Labour Market Data (Colombia 2013-2020)
Demographic Forecast
Table: Total Population (Colombia 2013-2020)
Table: Population: Babies (Colombia 2013-2020)
Table: Population: Young Children (Colombia 2013-2020)
Table: Population: Children (Colombia 2013-2020)
Table: Population: Young Teens and Older Children (Colombia 2013-2020)
Table: Population: Young People (Colombia 2013-2020)
Table: Population: Older Teenagers (Colombia 2013-2020)
Table: Population: 21yrs + (Colombia 2013-2020)
Table: Population: Young Adults (Colombia 2013-2020)
Table: Population: Middle Aged (Colombia 2013-2020)
Table: Population: Urban (Colombia 2013-2020)
Industry Risk Reward Index
Latin America Risk/Reward Index
Table: Latin America Retail Risk/Reward Index, Q216
Colombia Risk/Reward Index
Rewards
Risks
Market Overview
Competitive Landscape
Clothing & Footwear
Table: Largest Clothing & Footwear Retailers
Household Goods
Table: Largest Household Goods Retailers
Electronics
Table: Largest Electronics Retailers
Department Stores
Table: Largest Department Store Chains
E-commerce
Table: Largest E-commerce Retailers
Pharmacies
Table: Largest Pharmacy Chains
Glossary
Methodology
Industry Forecast Methodology
Sources
Risk/Reward Index Methodology
Table: Retail Risk/Reward Index Indicators
Table: Weighting Of Indicators

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