Markets/Mexico/News

Mexico news & analysis

14 November 2023
Creating a truly inclusive shopping experience is paramount for retailers to offer the best service to their shoppers. In this article we examine initiatives from around the world, including sensory-friendly environments, redesigns to cater to physical disabilities, and offering child- and pet-friendly solutions. Creating an environment that is sensory-friendly - Michela Kerbaker, Insight Anal...
06 September 2023
As retailers prime the region for expansion, here is a download of some key players in the market and what we can expect from them in the next couple of years. Cencosud leveraging its successful consolidation of The Fresh Market This year, Cencosud completed its acquisition of The Fresh Market from Apollo Global Management, and it now holds a 67% stake in the company. Cencosud reported c...
21 August 2023
Walmart reported ‘better-than-expected’ results in sales, operating income and adjusted EPS in the second quarter. Off the back of this, it has increased its full-year guidance. Here we delve into those numbers and explore the latest updates to its strategy.   Key numbers Q4 total revenue increased by 5.7% to $161.6 bn Sales in US stores grew by 5.4% (net), with Sam’s Club up 5.3% (...
15 August 2023
Juliana Bonamin, Vice President of Sales at Mondelez Brasil, has outlined what the company is doing with regards to ESG in Brazil, while SMU has launched a new version of a campaign that it has run previously in 2020 and 2022 to support non-profit social organisations. Mondelez Brasil is prioritising ESG principles Juliana Bonamin states that the “ sustainable development mentality runs thr...
31 July 2023
Q2 2023 results have been posted for Walmart, Casino Group, Carrefour and Chedraui. A sales rise in June boosted Walmart Mexico’s Q2 net profit Walmart in Mexico and Central America reported a net profit of $668mn in Q2 2023, +5% year-on-year (YoY), boosted by slightly higher sales in June. Despite growth, earnings were slightly behind those forecasted. Same-store sales increased 8.5% in Me...
29 March 2023
Walmart International's President and CEO, Judith McKenna took a deep dive into global retail at the Shoptalk event in Las Vegas. We look at the shifts it’s seeing in consumer priorities and how it’s responding. Shifting priorities Walmart International, with a presence in six major markets serving nearly 40% of the world's population, holds a distinctive perspective on global retail. The c...
21 February 2023
As Walmart’s revenue crosses $600 bn for the first time in its history, we look at what’s driving its performance and consider its priorities for the year ahead. Walmart's key numbers Walmart's total revenue in Q4 increased by 7.3% to $164 bn Sales in its US stores grew by 8%, with Sam’s Club up 11.3% US ecommerce sales increased 17%, up 18% on a two-year stacked basis US comp s...
15 November 2022
Walmart delivered a strong Q3 sales performance, setting it up for the holiday trading period. We look at the factors driving its results and expectations going forward. Walmart's Q3 key numbers Walmart's total revenue in Q3 increased by 8.7% to $152.8 bn, representing an additional $12.3 bn year-on-year Sales in its US stores increased by 8.5%, with Sam’s Club up 12.8% US ecommerc...
25 August 2022
Grupo Nós, a joint venture between the Brazilian company Raízen and the Mexican business FEMSA Comercio, is rapidly expanding the OXXO convenience store chain in Brazil. The first store opened in the city of Campinas (São Paulo state) and as of July 2022, it had 124 units in operation. The OXXO convenience chain was launched in Mexico by FEMSA in 1978 and it has since accumulated 20,196 st...
16 August 2022
Last month, Walmart announced it had lowered its projected sales for Q2 and the rest of 2022 . Net sales were expected to be up by around 7.5% for the quarter, with US comp store sales expected to be up around 6%, but itsQ2 results surpassed its expectations. However, its gross profit continues to face pressure from higher-than-usual levels of mark down activity, which it has employed to cl...