Agreement between FEMSA and Modelo will boost 5% Oxxo sales
MEXICO — The sum of the portfolio of Grupo Modelo's beers, as well as the extension of the commercial agreement with Heineken, could increase Oxxo's same-store sales by 5.0%. According to Citibanamex, by offering a larger portfolio of beer brands, the business, which represents around 20% of Oxxo...
Matamoros’ restaurants and snack shops run out of Coca-Cola
MATAMOROS – Restaurants, grocery stores and small shops in Matamoros, Tamaulipas, have already gotten rid of Coca-Cola drinks, as a result of last February 15 strike in the facilities of the bottling company Arca Continental. Pablo Reyna Quiroga, president of Cámara Nacional de la Industria de R...
Grupo Modelo to open US$756-million brewery in Hidalgo by early March
Anheuser-Busch InBev Mexican subsidiary, Grupo Modelo, announced it will officially open its newest brewery in Mexico on March 4. The US$756-million facility, located in the municipality of Apan, Hidalgo, will start operations with an initial output capacity of 12 million hectoliters, equivalent to...
Record sales for Bimbo during 2018
MEXICO —  Bimbo reported positive sales for the third consecutive year. The company attributes this performance to its Mexican and North American operations and its recent acquisitions. In 2018, the company's revenues increased 7.8% to US$ 15 billion. The operating flow of 2018, (Ebitda) grew16.2...
Arca Continental reported a 14% increase in its 2018 sales
MEXICO — Arca Continental reported a 14% increase in net sales during 2018 (US$8 billion), mainly due to the combination of a pricing strategy and a positive volume trend in Mexico and the United States, the company reported on Tuesday. "In South America, Peru continues its quick recovery, and A...

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