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 El Buen Fin Brings MX$43.68 Billion to Mexico City
By Mariana Allende - Mon, 11/27/2023 - 15:00
This year’s edition of El Buen Fin brought a MX$43.68 billion economic spill to Mexico City, according to the Chamber of Commerce.
https://mexicobusiness.news/tag/mbs-23
More E-Commerce & Retail
Target’s Job Listings in Mexico Spark Market Entry Speculation
By Mariana Allende - Fri, 11/24/2023 - 12:00
Target has opened job listings in Mexico City, hinting at an international expansion.
El Buen Fin Revenues to Hit MX$141 billion: The Week in Retail
By Mariana Allende - Thu, 11/23/2023 - 10:00
Mexican businesses aim for MX$141 billion on El Buen Fin while Generative AI drives personalization and automation. This is the Week in Retail
El Moro Goes Global: Opens First Store in Los Angeles
By Mariana Allende - Wed, 11/22/2023 - 08:06
Mexican churro chain El Moro opened its first international store in Los Angeles, California.
Over 50% of Mexican Businesses Embrace Generative AI
By Mariana Allende - Tue, 11/21/2023 - 14:10
More than 50% of businesses in Mexico have adopted Generative AI for automation or data analysis, according to Neubox.
51% of Mexicans Plan Christmas Shopping Amid Online Fraud Surge
By Mariana Allende - Fri, 11/17/2023 - 11:43
More than half of Mexicans are set to shop during El Buen Fin despite a surge in online fraud.
Temu Beats Shein, E-commerce Grows: The Week in Retail
By Mariana Allende - Thu, 11/16/2023 - 10:00
Mexican convenience stores trouble; Nike sues New Balance and Skechers, and Temu and Shein thrive in e-commerce. This is the week in retail!
LEGO Invests US$205M in Nuevo Leon Factory
By Mariana Allende - Thu, 11/16/2023 - 08:00
LEGO is set to invest US$205 million in its Cienega de Flores plant to reduce production costs and lower its environmental impact.
The Home Depot 3Q23 Earnings Dropped 12% After COVID-19
By Mariana Allende - Wed, 11/15/2023 - 08:11
The Home Depot reported a 12% decrease in earnings in 3Q23, driven by post-COVID-19 normalization of trends and inflation-driven fluctuations.
Mexican Fashion E-Commerce Set to Hit US$6.66 Billion By 2027
By Mariana Allende - Tue, 11/14/2023 - 13:01
The e-commerce fashion market is set to grow about 20% by 2027, totaling US$6.66 billion.