All Mexico articles
-
OpinionOpinion: Build stores not walls in Mexico
It would be wrong should the hostility to Mexico trumpeted by the US President-elect result in the Mexican wave becoming a sign of drowning.
-
OpinionOpinion: Donald Trump's triumph could help UK retailers
Not for the first time in his life, US President-elect Donald Trump has stunned the nation and the world.
-
Retail VoiceOptimising payment strategies to boost cross-border sales
Understanding local payment landscapes when entering any market is vital. Adyen explores these in China, Brazil, Mexico and Southeast Asia.
-
AnalysisAnalysis: Walmart's US momentum can be replicated overseas
Walmart described its fourth quarter performance as “solid”, reflecting its momentum in the US, while overseas provided more of a headache.
-
NewsRappi app lets users shop for groceries by swiping smartphone screens
A start-up in Colombia has launched a smartphone app that allows users to shop for groceries by swiping their fingers across a screen.
-
AnalysisAnalysis: Walmart closures show quest for simplification and efficiency
Walmart has announced a spate of store closures across the globe, a move that will primarily impact its US and Latin American operations.
-
AnalysisTed Baker launches in Mexico and Hawaii on back of North American success
Ted Baker will open stores in Mexico and Hawaii following its success in the US as the fashion retailer widens its reach abroad.
-
AnalysisHow to make the most of global grocery growth opportunities
The top 15 global grocery markets are poised to grow by 34% and be worth $8trn (£5.2trn) by 2020, the latest IGD forecasts show.
-
AnalysisInternational analysis: Amazon makes its move on the Mexican market
Amazon is pushing into Mexico’s small yet blossoming ecommerce industry, which Planet Retail estimates will grow 189% over the next five years.
-
NewsBest Buy to scrap Future Shop fascia in Canada and axe 1,500 jobs
Electricals giant Best Buy will remove its Future Shop fascia from Canadian high streets in a move that will see 131 stores shuttered or converted.
-
NewsKaren Millen signs Game of Thrones star Sophie Turner for autumn campaign
Karen Millen has signed up Game of Thrones actress Sophie Turner as the star of its autumn campaign as it celebrates London’s style and creativity.
-
News
Walmart bribery allegations likely to incur losses
Walmart is likely to incur losses relating to bribery allegations in Mexico. The allegations surfaced last year and centred on company representatives reportedly bribing officials in Mexico in support of new store openings. The disclosure was made in Walmart’s recently filed annual report.The matter cost Walmart $157m (£103.5m) in the ...
-
News
Walmart to continue expansion drive in Mexico and Central America
Walmart plans to continue its expansion drive in Mexico and Central America this year.The retailer will invest between MXN17.3bn (£902.4m) and MXN17.9bn (£933.7m) in the region this year to expand and modernise. That would be at least MXN2.5bn (£130.4m) higher than investments made in 2012.
-
GalleryStore of the week: Fashion retailer Shasa, Cancun, Mexico
Shasa, the Mexican fashion retailer that also has shops across Texas, opened this store in Mexico City in October - a good example of a space where the architecture dominates.
-
News
H&M opens first shop in Latin America
Swedish fashion retailer H&M has opened its first shop in Latin America in Mexico, at Centro Santa Fe mall.The 45,000 sq ft flagship is the first H&M store to have a Quality Lab. The lab will feature extensive product testing, such as washing and safety, which will be carried out ...
-
News
Walmart de México reports total revenue increase
Walmart de México has reported total revenues up 11.3% to pesos99.8bn (£4.49bn) in the third quarter. Net income increased 11.1% to pesos5.3bn (£237m) over the period. EBITDA rose 14.7% to pesos9.4bn (£420m).At present Walmart de México operates 2,868 outlets. There have been 151 store openings to date this year.
-
News
Gap to open first standalone store in Mexico
Gap has revealed it is to open its first standalone store in Mexico as part of a wider expansion in Latin America. The shop, which will be in Interlomas Mall, Mexico City, builds on Gap’s store-in-store concepts in Liverpool Department stores in the region.Gap managing director of strategic alliances Stefan ...
-
News
Walmex to face fresh investigation by US Congress
Walmart’s Mexican subsidiary Walmex is facing fresh investigation by the US Congress, which says it has documents suggesting that the retailer may have engaged in tax evasion and money laundering.This follows probes over allegations that the retailer bribed local Mexican officials to open stores more quickly.Congressmen Elijah Cummings and Henry ...
-
News
Delay for Walmart de Mexico (Walmex) store extension
Walmart’s subsidiary Walmart de Mexico (Walmex) revealed that its plans to extend its store network will be delayed by 60 to 90 days.The retailer said: “The revision is primarily due to additional steps the company is adding to its real estate process that extends the average time required to open ...
-
News
Costco to take full ownership of Mexican subsidiary
Costco is to take full ownership of its Mexican subsidiary after reaching an agreement to purchase Comercial Mexicana’s 50% share for pesos10.65bn (£529m).In addition, Costco Mexico has declared a cash dividend of approximately pesos4.8bn (£238.4m), 50% payable to a subsidiary of Costco and the remaining 50% to Comercial Mexicana. The ...