Strong Performance in Bodega Format
Bodega has been gaining share for more than 20 weeks and shows a strong business performance. The company is confident in its future growth backed by value propositions like EDLP and availability.
Positive Inventory Management
There was a significant improvement in inventory with a reduction of almost 3.5 days on hand, indicating efficient inventory management.
Private Label Growth
Private label penetration increased by 100 basis points, with significant opportunities for expansion in consumables and fresh categories.
E-commerce and One Hallway Success
The transition to One Hallway has been smooth, with more loyal customers and increased basket sizes. The company is leveraging technology from the U.S. and is optimistic about future growth in e-commerce.