Four Trends Expected To Drive Mexico's Retail Market In 2017, Study Reveals

In 2017, four significant trends are forecast to affect the retail market in Mexico, according to Euromonitor International. Data from the market research firm revealed the strengthening of the U.S. Dollar will have a major impact on the local retail industry, while the expansion by retailers and banks of financing with interest-free months could encourage consumer spending. Mexico's leadership in mobile internet retailing in Latin America is expected to help drive retail sales. Also, expansion moves of local retailers, including Soriana's acquisition of Comercial Mexicana stores and Femsa's purchase of convenience stores and pharmacies to expand its retail network, are forecast to influence future market directions.