Mexico news & analysis

04 August 2021
With people spending more time at home because of the pandemic, Walmex (Walmart Mexico) responded by reprioritising its digital transformation, shifting its investment in to strengthening its omnichannel proposition. In early 2021 it announced its three strategic priorities for the year ahead, of which one was ‘leading in omnichannel’. Here we explore how this is progressing and how the launch ...
19 July 2021
Having undertaken three major divestments in the last year and digital growth set to outpace sales through physical formats, a very different Walmart will emerge over the next five years. We highlight the five major changes to plan for. Business in transformation Walmart is the world's largest retailer, with activities spanning North America, Latin America, Asia and Africa. It has emerged a...
09 July 2021
Latin America is one of the most advanced regions for quick commerce, which we define as groceries and essential products delivered in under one hour. In the last year we have seen the emergence of new pureplay businesses (e.g. JOKR, Getir, and Gorillas), and the launch of new ultra-fast delivery services from existing plyers (e.g. Rappi Turbo), which can fulfil deliveries in 10 or 15 minutes. ...
07 June 2021
Speaking at the DbAccess Global Consumer Conference, Judith McKenna, President and CEO, Walmart International, outlined how Walmart adopts best practice technologies between various markets to activate its ‘Strong local businesses, powered by Walmart’ strategy. Refining its global footprint Over the last year, Walmart  has continued to refine its international operations, ensuring a st...
07 June 2021
On Tuesday 1 June 2021, GPA (Brazil’s second largest grocery retailer) announced its partnership with Latin American ecommerce giant Mercado Libre. This news comes less than six weeks since Soriana (Mexico’s number two) partnered with the business. Who are Mercado Libre? Argentine ecommerce business Mercado Libre (Free Market) was founded in 1999 and is now the largest online buying and sel...
28 May 2021
Despite facing tough comparables from last year, Costco’s third quarter revenue increased over 20%. We look at what continues to drive an outstanding performance from the leading warehouse club operator. Costco Q3 key numbers Total revenue up 21.5% to $45.3bn Net sales up 21.7% to $44.4bn Comparable sales (ex-fuel and currency impacts) up 15.1% Comparable sales up 15.2% in the U...
19 May 2021
Walmart got off a strong start in the first quarter as it continued to experience the impact of elevated at-home demand. We outline its expectations for the year and the differences across its key markets. Walmart's key numbers Walmart's total revenue in Q1 increased by 2.7% to $138.3bn, representing an additional $3.7bn Sales in its US stores increased by 5.0%, with Sam’s Club up 10....
15 May 2021
Mexico’s Grupo Comercial Chedraui, through its Bodega Latina Corporation subsidiary, has entered into a definitive agreement to acquire US-based operator, Smart & Final, in a $620m deal.  Unique retail model Smart & Final operates a unique concept in the US, bridging wholesale and retail models. It operates more than 250 stores under two banners: Smart & Final and Smart & Final Extra!, in C...
23 April 2021
Retailer OXXO, owned by the FEMSA beverage and retail company, is the largest chain of convenience stores in Latin America. It ended 2020 with 19,566 stores, of which 19,295 are in its domestic market Mexico. Government restrictions on mobility throughout the pandemic has led to challenging trading conditions for the businesses, which relies heavily on sales from on-the-move and transient ...
01 April 2021
Mexico-based Jüsto (Spanish for fair) is a pureplay grocer. It is committed to offering customers fresh, and high-quality produce and meat at fair prices. It achieves this by working directly with suppliers and managing the complete end-to-end supply chain, without using intermediaries. This shortens the supply chain, meaning perishables do not spend lengthy times on shelves, losing freshness....