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UPDATE 1-Mexico July same-store sales rose 3.1 pct - group

UPDATE 1-Mexico July same-store sales rose 3.1 pct - group Mexico's top retailers' group ANTAD said on Monday its members' same-store sales rose 3.1 percent in July year-on-year, falling further behind powerhouse Wal-Mart's Mexico unit. Wal-Mart de Mexico (Walmex) (WALMEXV.MX: Quote, Profile, Research), which is not in the association, said last week its same-store sales in July were up 7.5 percent. The National Association of Supermarkets and Department Stores, or ANTAD, which includes about 100 of the country's main retailers, said members' total sales for July rose 10.8 percent from July 2004. Same-store sales at outlets open 12 months or longer are considered

Mexico Walmex same-store sales up 4.6 pct in Aug

Mexico Walmex same-store sales up 4.6 pct in Aug Leading Mexican retailer Wal-Mart de Mexico, or Walmex, said on Thursday its same-store sales rose 4.6 percent in August, compared with the same month last year. Walmex (WALMEXV.MX: Quote, Profile, Research) said total sales in August were 13.046 billion pesos ($1.2 billion), up 12.8 percent. Same-store sales measure revenues only at stores open at least a year and are seen as a better indication of sales performance than overall sales. Source: today.reuters.com

Mexico top retailers say Nov. same-store sales fell

Mexico top retailers say Nov. same-store sales fell Mexico's top retailers' group ANTAD said on Thursday its members' same-store sales fell 0.4 percent in November, as market leader Wal-Mart de Mexico again rolled over its rivals. The National Association of Supermarkets and Department Stores, ANTAD, which includes about 100 of the country's main retailers, said members' total sales for November rose 8.3 percent from November 2004. That increase was due largely to an increase in sales floor space of 11.8 percent among members. Same store sales, which measure performance only a stores open at least a year, are seen as the best

Mexicos Walmex April same-store sales up 9.9 pct

Mexicos Walmex April same-store sales up 9.9 pct Leading Mexican retailer Wal-Mart de Mexico, or Walmex, said on Tuesday its same-store sales rose 9.9 percent in April, compared with a year earlier. Walmex (WALMEXV.MX: Quote, Profile, Research), controlled by U.S. retail giant Wal-Mart Stores Inc. (WMT.N: Quote, Profile, Research), said total sales for the month were 14.966 billion pesos ($1.37 billion), up nearly 21 percent from the same month last year. Same-store sales measure revenues only at stores open at least a year and are seen as the best performance indicator. Analysts in a Reuters poll had forecast a 9 percent increase as sales

Strong retail sales raise hopes for Mexico economy

Strong retail sales raise hopes for Mexico economy Mexican retail sales rose 5.2 percent in September as consumer spending gave a boost to an otherwise tepid economy dragged down by a weak manufacturing sector, the government said on Monday. The gain matched economists' median forecast. "Things are turning around," said Christian Stracke, lead emerging markets analyst at Wall Street research firm CreditSights. "We've seen a few months of pretty solid indicators coming out across the board." Wholesale sales rose 1.1 percent in September compared with the same month last year, and seasonally adjusted data showed retail sales rose 1.73 percent month-on month. Mexican shoppers alone

UPDATE: Mexico 2005 Auto Production Up 6.6% To 1.6 Million Units

UPDATE: Mexico 2005 Auto Production Up 6.6% To 1.6 Million Units MEXICO CITY -(Dow Jones)- Mexico's auto production rose 6.6% last year to 1.6 million units, reversing four years of declines in a key manufacturing sector, the Auto Industry Association said Tuesday. AMIA, as the trade group is known, said exports last year rose 8.4% to 1.2 million units, and domestic sales - which include imported cars - rose 3.3% to 1.1 million units. The auto industry represents the largest single manufacturing sector in Mexico, and weakness in the industry has proved a drag on growth in industrial production in recent

Grupo Mexico, Cemig, Bradesco, Aracruz: Latin Equity Movers

Grupo Mexico, Cemig, Bradesco, Aracruz: Latin Equity Movers Following are the stocks that are most active in Brazilian and Mexican markets. In Brazil, the preferred share is usually the company's most-traded class of stock. The Bovespa index of the most-traded stocks on the Sao Paulo Stock Exchange rose 388.19, or 1.3 percent, to 30,665.41 at 10:52 a.m. New York time. Mexico's Bolsa index rose 76.53, or 0.5 percent, to 15,542.94. Mexico Grupo Mexico (GMEXICOB MM), Mexico's largest copper producer, rose 28 centavos, or 1.4 percent, to 21 pesos. Copper prices rose to a record in New York for the seventh session

Mexico’s auto output rose in August, exports declined

Mexico's auto output rose in August, exports declined Mexico's auto industry posted a mixed performance in August, as production rose after two months of declines but exports continued to fall. Mexican auto industry association AMIA said Wednesday that car makers in the country produced 150,189 units last month, up 7.2% from the same month of 2004. Exports, though, slipped 10.5% on the year to 98,512 vehicles, posting their third straight month of declines. "Total production and exports continue to show some ups-and-downs, but we still expect a recovery in what remains of the second half (of the year)," the association said. Domestic

World Cup boosts Mexicos Modelo net profit

World Cup boosts Mexicos Modelo net profit No. 1 Mexican brewer Modelo, the maker of top U.S. import beer Corona, posted a 4.8 percent rise in second quarter net profit on solid growth in foreign and domestic sales, aided by the World Cup. Modelo (GMODELOC.MX: Quote, Profile, Research) said on Friday its April-June net was 2.603 billion pesos ($230 million), in line with expectations, as sales rose 9.7 percent to 15.101 billion pesos. ($1 = 11.3070 pesos at end June) Source : today.reuters.com

Discount pharmacy chain grows in Mexico Owner also subsidizes clinics, and he wants to run for president

Discount pharmacy chain grows in Mexico Owner also subsidizes clinics, and he wants to run for president Victor Gonzalez sells cheap medicine and health care to Mexico's poor, and it has made him very rich. In eight years, his chain of Farmacias Similares, or Similar Pharmacies, has grown from a single store in Mexico City to 3,239 across Mexico and is spreading throughout Central America, as well as parts of South America. His catchy advertising - a cartoon doctor and an army of scantily clad models - has helped make Gonzalez, 58, a household name. His slogan is "The Same, Only Cheaper." Now, Gonzalez