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Revenues up 20 percent over previous year as companies ride consumer boom.

Latin America’s economic growth is currently driven by strong domestic demand and consumer spending: good news for the 50 largest retailers who make up our list. From 2011 to 2012, these companies saw revenues rise 20 percent, or by almost $50 billion year-over-year for a total of $294.5 billion in sales. As many of the companies continue to cater to the strong domestic demand, and expand aggressively throughout the region, 2013 should be an ever stronger year from growth. The year was dominated by the rapid expansion of Chilean chains, as well as large transformations in the Brazilian market, which are discussed below.

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