El Salvador-based discount retail chain Dollarcity plans to enter the Mexican market this year backed by its Canadian partner Dollarama, according to a report in Retailers Magazine. The new Dollarcity stores are expected to offer product lines including housewares, office supplies and personal care products as well as pet supplies, toys, hardware and stationery. Read more in the article here. (in Spanish)
E-commerce in Mexico registered approximately US$39.5 billion in sales in 2024, representing 20% growth with respect to the previous year, according to data from the Mexican On-Line Sales Association (AMVO). Product categories showing the strongest sales growth on line include home and garden, DIY and small appliances. Read more here via Mexico Business News.
U.S.-based DIY and hardware retailer The Home Depot plans to invest US$1.3 billion in Mexico operations through 2028, the Mexican government announced. The ambitious program includes the opening of 25 new sales locations and two new materials warehouses, supported by advanced technology for logistics platforms and last-mile delivery systems, among others. Read more here.
Japanese-owned convenience store chain 7-Eleven announced it will open a new distribution center in the southeastern state of Quintana Roo. The reported US$153 million investment program for Mexico includes the establishment of 224 new 7-Eleven stores in the state through 2030. Read more here.
Mexico's National Retailers Association (ANTAD) announced its members plan to undertake record investment of approximately US$3 billion in 2025. Key areas earmarked for upgrades include store expansion and remodeling, new sales locations, technology and digital platforms, logistics and distribution centers. Read the original report in Spanish at Retailers.mx.