U.S.-based grocery and general merchandise retailer H-E-B initiated construction of its largest store in 20 years in the northeastern Mexican state of Nuevo León, the company reported. The new US$44 million sales location will become the largest H-E-B in the state when it opens in 2026. Read the full article in Retailers Magazine (Spanish)
Big-box giant Costco is planning to open what will become its largest store in Latin America in the northeastern state of Nuevo León, Mexico. The US$100 million megastore will feature over 160,000 square feet of sales floor and a 30-pump gas station. Read more here.
The International Housewares Association (IHA) has launched the 2025 IHA State of the Industry report, a new total market resource for the home and housewares industry. The first of the report’s three installments, which provides data and analysis on U.S. market size by category and retail channel, is now available on IHA’s independent news and information platform, HomePageNews.com.
Mexican retail chain Suburbia inaugurated a new department store in the Pacific coast resort city of Acapulco. Suburbia, owned and operated by the Puerto de Liverpool retail company, reportedly is actively seeking locations for new stores in cities around Mexico. Read the full article (in Spanish) in Retailers Magazine.
El Salvador-based discount retail chain Dollarcity plans to enter the Mexican market this year backed by its Canadian partner Dollarama, according to a report in Retailers Magazine. The new Dollarcity stores are expected to offer product lines including housewares, office supplies and personal care products as well as pet supplies, toys, hardware and stationery. Read more in the article here. (in Spanish)