Amazon, Mercado Libre Invest in US$1.2 Billion Edomex Expansion

This week in retail news: Amazon, Mercado Libre, and Geodis announced a US$1.2 billion investment to expand operations in the State of Mexico, while discount chain Waldo’s plans MX$847 million in new store openings for 2025. Meanwhile, tariff risks, rising holiday costs, and new tequila sector certifications underscore the mix of challenges and opportunities facing industries.

More news below:

Amazon, Mercado Libre, Geodis Announce US$1.2 Billion Investment

Logistics and retail giants Amazon, Mercado Libre, and Geodis will invest more than MX$21 billion (about US$1.2 billion) in the State of Mexico to expand logistics infrastructure, open new centers and create thousands of jobs, state officials announced this week. The projects will include new facilities in Lerma, Tultepec, and Tultitlan, strengthening the state’s role as a logistics hub and boosting competitiveness in e-commerce and supply chain operations.  

Waldo’s to Invest MX$847 Million in 2025 Expansion Across Mexico

In an effort to strengthen its position as a leading low-cost retail chain in Mexico, offering competitive prices and variety across communities nationwide, discount retail chain Waldo plans to invest MX$847 million in 2025 to open 130 new stores across the country. The company has plans to reinforce its presence in central Mexico, the Bajio, southern and northeastern regions as it moves closer to operating 1,000 outlets nationwide.

Coach Owner Warns US Tariffs May Cost US$160 Million in FY2026

Tapestry, the parent company of Coach and Kate Spade, warned that US tariffs could cost the company about US$160 million (MX$2.9 billion) in fiscal 2026, with full offset expected by 2028. Luxury and accessible-luxury retailers face higher import duties on goods produced in Southeast Asia.

Mexico Independence Day 2025 Costs Set to Rise 17%

The cost of celebrating Mexico’s Independence Day in 2025 is expected to rise 17% compared to last year, according to a survey by the National Alliance of Small Merchants (ANPEC). Hosting a dinner for 10 people at home could reach MX$7,000 (US$377), up from MX$6,000 in 2024. Food and beverages account for most of the increase, with pozole at MX$2,000, chicken tinga at MX$1,250, tostadas de pata at MX$1,100, and pambazos at MX$1,350. 

Bacardí’s Patrón, Cazadores Earn “Hecho en México” Label

The Ministry of Economy (SE) has granted the “Hecho en México” certification to Bacardí for two of its tequila brands: Patrón and Cazadores. The certification was presented at a ceremony in Mexico City led by Carlos Candelaria López, head of the Unit of Prospective, Planning and Evaluation, and María Araceli de Haas Matamoros, general director in the SE.