What: Ripley Corp announces $38.5 billion investment plan for 2025, targeting strategic growth in Peru through physical expansion, technological development, and enhanced operational efficiency.

Why it is important: This strategic initiative shows how retailers are leveraging strong market performance to fund transformative investments, particularly in markets where socioeconomic shifts create new growth opportunities.

Ripley Corp has unveiled its strategic vision for 2025 during its Investor Day, demonstrating a strong commitment to growth in the Peruvian market. The company's $38.5 billion investment plan focuses on balancing physical expansion through stores and shopping centers with technological and logistical development. Led by CEO Lázaro Calderón, the presentation highlighted the company's impressive performance, including a +63% valuation growth in Chile's IPSA index. The strategy projects non-bank EBITDA for 2025 to range between $80 billion and $95 billion, representing growth of 16-38% compared to the previous year. In Peru, the company aims to boost its department store segment by improving operational efficiency, attracting new customers, and monetising data, with a particular focus on expanding into the C socioeconomic segment. The company's real estate development potential, including an additional 40,000 m² from industrial land assets, has been identified as a key defensive lever for maintaining group resilience.

IADS Notes: Ripley's June 2025 announcement of its strategic investment plan builds upon a series of successful transformations in the Latin American retail sector. The projected non-bank EBITDA growth of 16-38% for 2025 follows the company's remarkable turnaround in Q1 2025, when it achieved a net profit of 15.376 billion Chilean pesos through improved margin management and inventory control. This financial strengthening has enabled Ripley to pursue innovative retail concepts, as demonstrated by its December 2024 introduction of experiential elements such as cafes and beauty salons in key Peruvian locations. The company's optimistic outlook aligns with broader regional trends, as Latin American department stores collectively achieved 6.3% growth in Q1 2025. The $38.5 billion investment plan, focusing on both physical expansion and technological development, represents Ripley's strategic response to evolving retail dynamics, particularly in Peru where the company aims to expand its presence in the C socioeconomic segment.

Ripley projects growth in Peru and announces key investments for 2025