Shoppers Anticipate Major Sales Events Amid Tariff Pressures

This week in retail news, shoppers are preparing for El Buen Fin, Black Friday, and Día de Muertos with early planning and hybrid purchasing behaviors. Economic headwinds from tariffs are starting to temper consumer growth, even as major players like Grupo Coppel and Time Ceramics advance sustainability and local production.

More news below:

Early Planning Key as Mexicans Gear Up for Buen Fin, Black Friday

The discount season, including El Buen Fin, Black Friday, and Cyber Monday, should be seen as an extended sales period, with each event attracting a distinct consumer profile, according to a survey of 1,000 respondents by Google and Ipsos, with 94% of respondents planning to make purchases. Nearly six in 10 begin planning before the events start.

Mexico’s Consumer Growth Cools as Tariffs Weigh on Key Sectors

The Mexican economy is showing signs of deceleration in key indicators amid the current tariff environment, signaling greater caution among households and businesses. BBVA Research reported a 0.3% month-over-month drop in private consumption in September, attributing it to a "weakening of consumer confidence." Monex noted that official data from INEGI showed private consumption fell 0.3% in July, following a 0.9% increase in June, reflecting growing caution in domestic spending.

Halloween, Día de Muertos Boost Mexico Sales, NIQ Reports

Sales of seasonal products in Mexico spike in October and November as consumers celebrate Halloween and Día de Muertos (Day of the Dead), revealing distinct shopping behaviors across retail channels, according to NIQ Mexico. Consumers are increasingly combining physical and digital purchases to prepare for celebrations and altars. The wholesale channel outperformed, with sales 4% above the period’s average, while traditional stores declined 3% and self-service stores fell 12% below the mean.

Grupo Coppel 2024 Report Highlights Green, Social Impact

Grupo Coppel has released its 2024 Sustainability Report, showcasing significant advances in financial inclusion, renewable energy, education, and corporate governance. Over the past year, more than 690,000 people accessed a financial product or service for the first time. On the environmental front, 710 properties—representing 40% of Coppel’s stores—are now equipped with solar panels, a 16% increase from the previous year. 

Time Ceramics Earns “Hecho en México” Certification from SE

Time Ceramics has been authorized by Mexico’s Ministry of Economy (SE) to use the “Hecho en México” and “Made in Mexico” certification marks after meeting strict standards for manufacturing, sustainability, and national sourcing.  The authorization confirms that Time Ceramics uses 100% Mexican raw materials and labor while integrating sustainable development practices into its production processes.