蘑菇AV

Trump鈥檚 tariffs could disrupt US brands鈥� nearshoring efforts, particularly in Mexico, which has become an attractive manufacturing hub for retailers seeking a closer, cost-effective alternative to China. Higher import duties on goods produced in Mexico could erode those cost-saving advantages.

The retailer will open stores in Mexico this year via a joint venture with distributor Axo. Expansion to the Middle East is also forthcoming, with stores in Dubai and Abu Dhabi set to open in the coming months. Will it work?

Consumers were from 18 countries, namely Australia, Brazil, Chile, Colombia, France, Germany, Hong Kong, India, Indonesia, Italy, Japan, Mexico, Philippines, Singapore, Spain, Thailand, the UK, and the US.

Fresh tomatoes may be next in line, as the expiration of a decades-long trade agreement with Mexico could trigger a 17% duty on imports, forcing companies like NatureSweet to raise prices nearly 10%, CEO Rodolfo Spielmann told Bloomberg.

Ad revenues per gross merchandise volume (GMV) rose across all countries, with Argentina narrowing the gap with Brazil and Mexico. Advertising鈥檚 share of GMV was 2.6% in Q2, up from 2.4% in Q1, based on our estimates. Mercado Libre expects that share to accelerate in Q3, and we project its retail media arm will capture 6.9% of digital ad spending in Latin America this year, up from 5.1% in 2024.

More advertisers, including programmatic buyers in the US, UK, India, France, and Mexico, will now have access to premium podcast inventory in Spotify Ad Exchange through industry partners like Google Display & Video 360 and The Trade Desk. Spotify also made its partnership with Magnite live, with more DSPs to come in the future.

Chipotle will make its Mexico debut early next year as a possible precursor to further expansion in the region, which could offset slowing US growth. Our take: Chipotle鈥檚 Q2 struggles clearly show that consumers are becoming much pickier about where they choose to spend their money.

鈥淭he definition of retail media 3.0 is about how you can measure [in-store activity] in a digital way,鈥� Jonathan Fasano, business development director at Walmart Connect Mexico and Central America, said at an 蘑菇AV virtual summit earlier this year.

Consumers in Mexico are also 7.2 times more likely than those in the US to purchase from companies that integrate AI into their products and services, per separate July 2024 polling from YouGov. This stark difference underscores AI鈥檚 growing role as a catalyst for new sales growth in competitive markets like Mexico. Prediction. Retailers will ramp up investments in AI-powered tools and technologies.

Imports from the EU and Mexico will be subject to 30% tariffs starting on August 1, unless a trade deal is reached prior to the deadline. 50% tariffs on imports from Brazil are also scheduled to take effect on August 1鈥攚hich, if implemented, could have a profound effect on prices for grocery staples like coffee and orange juice.

More than half (56.3%) of all paid media outlays will go toward digital formats this year鈥攖he second-highest share in Latin America after Mexico. This will continue to climb鈥攕urpassing 60% in 2027 for the first time鈥攁s advertisers prioritize digital-first strategies. Display formats will dominate the digital ad landscape.

The largest US remittance corridor is Mexico, followed by China, per the Federal Reserve. Click here to view our full forecast for US remittance outflow. Widespread availability of digital remittance apps has made them a popular option globally.

Among the larger countries, only India, Russia, and Mexico will stand out in 2025. Russia鈥檚 war-strained and heavily sanctioned economy created the conditions for its domestic ecommerce businesses to adapt and grow: And by all accounts they have seized the opportunity. Click here to view our full forecast for retail ecommerce sales growth, by country.

Higher tariffs on goods from Canada, Mexico, and the EU will also drive up prices for staples like produce, olive oil, and cheese. Our take: June鈥檚 CPI data shows the toll tariffs are beginning to take on consumers鈥� buying power.

By contrast, the US retail media market share stands at 17.5%, which is about the same as Canada, Germany, and Mexico. The US and China dominate global retail media spending, but by next year, the 鈥渞est of world鈥� segment will eclipse 20% of the total for the first time.

Trump risks trade war with planned 25% tariffs on imports from Mexico and Canada: Besides triggering retaliatory policies, the move would also lead to higher grocery, energy, and auto prices.

Mercado Libre鈥檚 regional workforce has grown rapidly in recent years, with new hire rates in Mexico surging by nearly 140% in 2023 alone. Its total headcount will exceed 76,000 by year-end as the company continues to ramp up hiring in major markets like Brazil and Mexico and boost staffing in core areas like logistics and technology.

However, among the countries where US-based retailers are likely to operate, Mexico will be the hottest growth market for ecommerce through 2028. Index of Benchmarks. Below are links to each of the seven decks that comprise this series, covering US total retail; ecommerce; holiday; Amazon; grocery; apparel, footwear, and accessories; and worldwide retail.

Section 122 (Trade Act of 1974): Allows the president to impose up to 15% tariffs for six months on countries with significant trade imbalances, such as China, Vietnam, or Mexico. Congressional approval is required to extend the duties. This could serve as a quick replacement should the 10% near-universal duties be overturned.

Other states, including Colorado, Maine, New Hampshire and New Mexico, have submitted proposals to the FDA for approval, per the National Conference of State Legislators. However, drug importation would be difficult at scale and face regulatory and trade issues, per Bloomberg Law. Canada is also against US state imports over concerns of causing drug shortages there.

The beauty retailer acquired UK-based Space NK, announced new store openings in Mexico, Dubai, and Abu Dhabi, and formed a strategic partnership with K Beauty World to introduce Korean beauty brands to its stores. The company is also expanding beyond traditional beauty categories by launching a marketplace this fall and bringing on wellness brands like Ritual supplements.

Prime Day will now span 27 countries, with Ireland and Colombia joining a roster that includes the UK, Germany, Japan, Mexico, and Spain. Beyond Amazon.com, third-party sellers using the Buy with Prime program鈥攕uch as Steve Madden, JLab, and Wyze鈥攚ill feature Prime Day deals directly on their own websites.