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Mexico Hikes Import Tax on Low-Value Goods to 33.5%: Retail Week
By Mariana Allende - Fri, 08/01/2025 - 08:34
Mexico to hike import tax on low-value packages to 33.5%; EU probes Temu over alleged Digital Services Act violations.
https://mexicobusiness.news/tag/retail-mexico
More E-Commerce & Retail
Ikea’s Operator in Mexico Reports US$1.1 Billion Revenue
By MBN Staff - Mon, 01/06/2025 - 11:11
Ikano Retail, the operator of Ikea stores in Mexico and Southeast Asia, reported US$1.1 billion during its 2023 fiscal year.
COFECE Fines Walmart; Holiday Spending Increases: Retail Week
By Mariana Allende - Thu, 12/19/2024 - 07:43
This week in retail news: Walmart Mexico fined for monopolistic practices, holiday party costs rise 20%, and cocoa market remains in crisis.
Walmex Fined MX$93.4 Million by COFECE for Monopolistic Practices
By Mariana Allende - Wed, 12/18/2024 - 07:39
Walmart Mexico fined MX$93.4 million by COFECE for monopolistic practices, following a 4-year probe into unfair market dominance in consumer goods.
Inditex Misses 3Q24 Goals, Projects Strong Holiday Recovery
By MBN Staff - Wed, 12/11/2024 - 13:19
Inditex missed 3Q24 targets due to natural disasters and currency shifts but anticipates strong holiday sales recovery.
Door-to-Door Sales Propel Shein, Temu Growth: Retail Week
By Mariana Allende - Thu, 11/28/2024 - 10:50
This week, door-to-door sales boosted Shein and Temu in Mexico, while inflation and insecurity hurt small retailers’ sales.
Reebok Boosts Reach with Mexico City's Largest Store
By MBN Staff - Mon, 11/25/2024 - 07:29
Reebok opens its largest Mexico store in Parque Tepeyac, a shopping center in northern Mexico City.
US Sanctions Mexican Businesses Linked to Cartel Activities
By MBN Staff - Thu, 11/21/2024 - 09:12
The US Treasury imposed sanctions on a Mexican ice cream shop and pharmacy for links to the Sinaloa cartel.
Consumer Confidence Hits Record Under Sheinbaum in October
By Mariana Allende - Wed, 11/20/2024 - 13:54
Consumer confidence hit 49.4 points in President Claudia Sheinbaum’s first month, October, marking the highest level since 2001.
Mexico Rises to 7th Place in Global Retail Rankings
By MBN Staff - Mon, 08/26/2024 - 13:43
Mexico’s retail industry ranks seventh globally, solidifying its position as a leader, according to ANTAD.