Content about Mexico City

Pittsburgh -- American Eagle Outfitters announced plans to open a series of vertically owned and operated-stores in Mexico, with the first location set to open on February 20, 2013, in Mexico City.
   
The store will be located in the Perisur’s shopping center, a mall located in the south part of Mexico City. Each AEO store will include an Aerie presence either in shop-in-shop or side-by-side form.

New York -- Wal-Mart Stores’ ongoing investigation into bribery allegations was thrust into the spotlight again on Monday after the New York Times ran a lengthy piece detailing how an elaborate series of payments accelerated construction of a controversial store in Mexico City.

San Francisco -- Gap Inc. announced Friday that it will open its first standalone store in Mexico, part of the retailer’s previously announced global expansion strategy.

The new store, to be located at Interlomas Mall outside Mexico City, expands on Gap’s store-in-store concepts in Liverpool Department stores in the region.

New York -- Hennes & Mauritz AB (H&M) will enter Latin America this fall, opening a flagship in Centro Santa Fé, Mexico City.

“We look very much forward to opening the first H&M flagship store in Mexico. It will be the perfect first step for H&M into this fashion conscious region,” said Karl-Johan Persson, CEO, H&M.
 

New York City -- The latest jewel in the portfolio of Mexican department store operator Liverpool took top honors in Chain Store Age’s 30th annual Retail Store of the Year design competition. The company’s 319,000-sq.-ft. store in the Mexico City suburb of Interlomas was named Store of the Year and was also the winning entry in the Department Store category.

Here is a complete list of the winning projects, all of which will be featured in the March issue of Chain Store Age and reviewed at its annual SPECS Conference:

Mexico City, Mexico -- DemandTec said Thursday that Latin America’s largest drugstore retailer Farmacias Ahumada S.A. (FASA) has extended its agreement to use DemandTec’s advanced pricing analytics to drive profit and customer loyalty.

Mexico City -- Wal-Mart de Mexico SA reported Tuesday that profit for the fourth quarter increased 14%, citing newly acquired stores in Central America for the improved performance.

The Mexican unit of Wal-Mart Stores said that net income rose to $539 million in the fourth quarter, up from $474 million in the year-ago period.

Revenue rose 25% to $8.3 billion. 

Walmex recently acquired stores in Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica.

Richardson, Texas -- Wingstop announced it will add another 20 stores in Mexico over the next three years thanks to an extended development agreement with current international franchisee WIS de Mexico S.A. de C.V.

Wingstop has more than 475 restaurants open across the United States and Mexico.

“We are thrilled with our success in Mexico over this past year,” said David Vernon, VP franchise sales for Wingstop.