Oxxo expands to Texas with 249 stores; FEMSA acquires Delek US retail operation

Oxxo expands to Texas with 249 stores; FEMSA acquires Delek US retail operation

MEXICO CITY (apro).- Grupo Femsa announced the acquisition of the Delek US retail operation, which consists of 249 convenience stores operating under the DK brand, a significant portion of which includes a gas station. The announcement was made on August 1 through the official account of X of the company Fomento Económico Mexicano, SAB de … Read more

Coca-Cola increased the price of its products; this is what they cost from today

Coca-Cola increased the price of its products; this is what they cost from today

MEXICO CITY (apro).– Fomento Económico Mexicano (FEMSA), which produces Coca-Cola products in Mexico, confirmed a price increase for its products starting this Wednesday, June 26. According to the newspaper The universalFEMSA’s corporate communications department confirmed the increase, which it attributed to “increased costs of raw materials.” The newspaper also reported that small stores are already … Read more

Claudia gives certainty, IP will invest 42 billion dollars; meeting of the Business Coordinating Council

Claudia gives certainty, IP will invest 42 billion dollars;  meeting of the Business Coordinating Council

The business sector announced investments of more than 42 billion dollars just for the start of the next government. There are powerful investments to start with and that is a seal of trust in your person, so that Mexico continues on the path of trust and opportunities,” said Francisco Cervantes Díaz, president of the Business … Read more

Free brands steal customers from small stores

Free brands steal customers from small stores

Las Corner stores lose ground to supermarkets and discount stores, whose hook is own brandsits main characteristic being the low price. Small local businesses have been losing ground, going from representing 38% of total grocery sales in Latin America in 2013 to 30% in 2023, displaced by modern food channels, including discount stores, characterized by … Read more