Content about Mexico

August 1, 2014

Aeropostale, Inc. will roll out its P.S. from Aeropostale brand in Mexico through a licensing partnership with Distribuidora Liverpool, S.A. de C.V.

New York -- Aeropostale, Inc. will roll out its P.S. from Aeropostale brand in Mexico through a licensing partnership with Distribuidora Liverpool, S.A. de C.V.  

P.S. from Aeropostale's expansion plans in Mexico include the opening of branded in-store shops in Liverpool department stores, as well as standalone stores, across Mexico beginning in summer 2014. The first store opened in July at Sante Fe Mall in Mexico City.

July 8, 2014

Having passed the calendar’s mid-point, we thought it would be interesting to take a look at the most viewed stories of the year to date on Chainstoreage.com.

Having passed the calendar’s mid-point, we thought it would be interesting to take a look at the most viewed stories of the year to date on Chainstoreage.com.

June 16, 2014

Chile is the number one destination for emerging market retail expansion, followed by China, where retail sales totaled a whopping $3.7 trillion in 2013, according to the 2014 A.T. Kearney Global Retail Development Index.

Chicago -- Chile is the number one destination for emerging market retail expansion, followed by China, where retail sales totaled a whopping $3.7 trillion in 2013, according to the 2014 A.T. Kearney Global Retail Development Index.

With Uruguay, Brazil, Peru, Panama, Colombia, Costa Rica and Mexico also in the index of top emerging economies ready for retail expansion, Latin America continues to show strength as a regional retail growth market.

May 6, 2014

Destination Maternity Corp. announced the start of its planned expansion into Mexico with the opening of 46 Destination Maternity branded shop-in-shops through a previously announced international franchise agreement with El Puerto de Liverpool, S.A.B. de C.V., the largest department store operator in Mexico.

Philadelphia -- Destination Maternity Corp. announced the start of its planned expansion into Mexico with the opening of 46 Destination Maternity  branded shop-in-shops through a previously announced international franchise agreement with El Puerto de Liverpool, S.A.B. de C.V., the largest department store operator in Mexico.

May 6, 2014

Destination Maternity Corp. announced the start of its planned expansion into Mexico with the opening of 46 Destination Maternity branded shop-in-shops through a previously announced international franchise agreement with El Puerto de Liverpool, S.A.B. de C.V., the largest department store operator in Mexico.

Philadelphia -- Destination Maternity Corp. announced the start of its planned expansion into Mexico with the opening of 46 Destination Maternity  branded shop-in-shops through a previously announced international franchise agreement with El Puerto de Liverpool, S.A.B. de C.V., the largest department store operator in Mexico.

April 4, 2014

Johnny Rockets has opened its second restaurant in Galerias Merida, Mexico.

Aliso Viejo, Calif. – Johnny Rockets has opened its second restaurant in Galerias Merida, Mexico. The 1,798-sq.-ft. location is situated in an upscale two-story shopping mall.

Galerias Merida is the fourth Johnny Rockets location for Johnny Rockets Guadalajara Group, who also operate three franchises in the Mexican state of Jalisco. Two additional Johnny Rockets locations are scheduled to open in Mexico later this year, one in Chihuahua and another in Mexico City.  

March 24, 2014

Tiendas Soriana S.A. de C.V., Mexico’s second largest retail company, and Hanwha Q CELLS, a leading full-service solar power companies, announced a 20-year power purchase agreement for 31 megawatts (MW) of photovoltaic (PV) solar power at 120 retail locations across Mexico that will create significant long-term energy savings for Soriana.

Monterrey, Mexico -- Tiendas Soriana S.A. de C.V., Mexico’s second largest retail company, and Hanwha Q CELLS, a leading full-service solar power companies, announced a 20-year power purchase agreement for 31 megawatts (MW) of photovoltaic (PV) solar power at 120 retail locations across Mexico that will create significant long-term energy savings for Soriana. Soriana operates more than 640 grocery and department stores.

February 24, 2014

Liverpool, Mexico’s largest department-store chain, received top honors in Chain Store Age’s 32nd annual Retail Store of the Year design competition.

New York -- Liverpool, Mexico’s largest department-store chain, received top honors in Chain Store Age’s 32nd annual Retail Store of the Year design competition. The company’s stylish and contemporary 301,400-sq.-ft. store in Veracruz was named Store of the Year, and also took top honors in the Department Store category. It was designed by FRCH Design Worldwide, Cincinnati.

January 28, 2014

Chico's FAS will launch its namesake brand in Mexico, through an exclusive franchise with El Puerto de Liverpool, S.A.B. de C. V. ("Liverpool"), starting with a stand-alone boutique at Perisur Mall, Mexico City, in spring 2014.

New York -- Chico's FAS will launch its namesake brand in Mexico, through an exclusive franchise with El Puerto de Liverpool, S.A.B. de C. V. ("Liverpool"), starting with a stand-alone boutique at Perisur Mall, Mexico City, in spring 2014.

Plans for the Chico's expansion in Mexico include the opening of stand-alone stores as well as branded shop-in-shops in Liverpool department stores. The second stand-alone boutique will open in Villahermosa, Tabasco.

October 28, 2013

Petco has opened its first store in Mexico and announced plans for continued expansion in Mexico and Latin America through a joint venture with Grupo Gigante of Mexico.

San Diego — Petco has opened its first store in Mexico and announced plans for continued expansion in Mexico and Latin America through a joint venture with Grupo Gigante of Mexico.

The companies plan to open as many as 50 Petco stores in Mexico and Latin America by 2020.

 

October 25, 2013

Petco has opened its first store in Mexico and announced plans for continued expansion in Mexico and Latin America through a previously announced joint venture with Grupo Gigante of Mexico.

San Diego – Petco has opened its first store in Mexico and announced plans for continued expansion in Mexico and Latin America through a previously announced joint venture with Grupo Gigante of Mexico. Together, the companies plan to open as many as 50 Petco stores in Mexico and Latin America by 2020.

July 2, 2013

Working with franchise partner Taco Holding, S.A. de C.V, Krispy Kreme Doughnut Corporation will open its 100th store in Cancun, Mexico, on July 6.

Winston-Salem, N.C. -- Working with franchise partner Taco Holding, S.A. de C.V, Krispy Kreme Doughnut Corporation will open its 100th store in Cancun, Mexico, on July 6. The store will feature Krispy Kreme's new international café-style store design, including hot doughnuts, barista specialists, a kid's zone and a drive-thru.

July 1, 2013

Teen apparel retailer Aeropostale will enter Mexico through a licensing agreement with Distribuidora Liverpool, S.A. de C.V. ("Liverpool").

New York -- Teen apparel retailer Aeropostale will enter Mexico through a licensing agreement with Distribuidora Liverpool, S.A. de C.V. ("Liverpool").

The agreement includes the opening of branded Aeropostale shop-in-shops in Liverpool department stores across Mexico beginning this summer, in addition to rolling out freestanding stores. The first standalone is scheduled to open this summer, in Mexico City’s Sante Fe Mall.

March 27, 2013

Wal-Mart Stores Inc. revealed in a Tuesday SEC filing that it will most likely incur a loss from bribery probes into its operations in Mexico and other countries.

Bentonville, Ark. -- Wal-Mart Stores Inc. revealed in a Tuesday SEC filing that it will most likely incur a loss from bribery probes into its operations in Mexico and other countries.

According to the filing, Wal-Mart said it expects to incur costs beyond the $157 million it spent on the probes in 2013, but didn’t elaborate on the amount or the size of the potential loss.

January 28, 2013

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.

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.

January 25, 2013

Mexican supermarket and restaurant operator Gigante has entered into a joint venture with Petco Animal Supplies to open at least 50 stores in Mexico and other Latin American countries over seven years, Reuters reported.

New York -- Mexican supermarket and restaurant operator Gigante has entered into a joint venture with Petco Animal Supplies to open at least 50 stores in Mexico and other Latin American countries over seven years, Reuters reported.

The first two Petco stores will open this year in Mexico City and Guadalajara, Gigante said in a release to the stock exchange.

The financial terms of the agreement were not disclosed.

 

January 10, 2013

According to multiple reports on Thursday, congressmen Henry Waxman (D-Rep., Calif.) and Elijah Cummings (D-Rep. Md.) have said that Wal-Mart Stores CEO Mike Duke and other senior-level officials at the retailer were informed about allegations of bribery in the retailer’s operations in Mexico in 2005.

New York -- According to multiple reports on Thursday, congressmen Henry Waxman (D-Rep., Calif.) and Elijah Cummings (D-Rep. Md.) have said that Wal-Mart Stores CEO Mike Duke and other senior-level officials at the retailer were informed about allegations of bribery in the retailer’s operations in Mexico in 2005.

The two congressmen cited documentation obtained by their staffs, which discussed allegations of corruption regarding a store in Teotihuacan.

December 27, 2012

Some are merchants, with long careers in brick-and-mortar stores. Others are tech trailblazers, using new media to match merchandise and buyers. Others are influencing retail in less direct, but no less significant, ways. All share an ability to create new opportunities and, in their own way, are looking to reinvent the shopping experience. And all wield a great deal of influence in today’s complex retail landscape.

December 18, 2012

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.

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.

December 7, 2012

Tops Friendly Markets, a full-service grocery retailer in upstate New York, northern Pennsylvania and western Vermont, announced that the company has entered into an agreement with the Farrugia family to acquire three Big M supermarkets located in Elbridge, N.Y., Mexico, N.Y., and Jordan, N.Y.

Williamsville, N.Y. -- Tops Friendly Markets, a full-service grocery retailer in upstate New York, northern Pennsylvania and western Vermont, today announced that the company has entered into an agreement with the Farrugia family to acquire three Big M supermarkets located in Elbridge, N.Y., Mexico, N.Y., and Jordan, N.Y.

This marks the third acquisition deal this year for Tops and will expand Tops' footprint further into areas of northern and central New York State.

 

October 17, 2012

Alsea, Latin America's biggest restaurant operator, will invest $110 million over the next three years in 220 new Starbucks cafes in Mexico and Argentina, Reuters reported.

New York – Alsea, Latin America's biggest restaurant operator, will invest $110 million over the next three years in 220 new Starbucks cafes in Mexico and Argentina, Reuters reported.

Around $75 million of the investment would be put into some 170 new stores in Mexico, which is Starbucks' fastest-growing Latin American market, with the balance going to its number two regional market Argentina, according to the report.

Currently, Argentina and Brazil have about 50 Starbucks stores each.

 

September 7, 2012

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

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.

August 23, 2012

Saks’ top shareholder Carlos Slim sold 1.5 million of his shares in Saks Inc., remaining the retailer’s No. 1 shareholder but reducing his holdings to 25 million shares.

New York -- On Thursday, Saks’ top shareholder Carlos Slim sold 1.5 million of his shares in Saks Inc., remaining the retailer’s No. 1 shareholder but reducing his holdings to 25 million shares.

The Mexican billionaire, through Inmobiliaria Carso SA De CV, sold the 1.5 million shares on Monday and Tuesday.
 

July 16, 2012

A judge in Delaware denied requests from the California State Teachers Retirement System and a group of New York City pension funds to seek appointments of lead plaintiff and lead counsel in a consolidated shareholder lawsuit over allegations of bribery involving Wal-Mart Stores’ operations in Mexico, the Associated Press reported.

New York -- A judge in Delaware on Monday denied requests from the California State Teachers Retirement System and a group of New York City pension funds to seek appointments of lead plaintiff and lead counsel in a consolidated shareholder lawsuit over allegations of bribery involving Wal-Mart Stores’ operations in Mexico, the Associated Press reported.

July 10, 2012

Walmex, Mexico’s largest retailer, reported that same-store sales for the month of June rose 5.3%.

Mexico City – Walmex, Mexico’s largest retailer, reported Monday that same-store sales for the month of June rose 5.3%. Total sales in June jumped 15%.

The retailer opened 26 stores and restaurants in June, after announcing it was reducing planned store openings to between 325 and 335 this year from a previously announced 410 to 436 stores.