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Author: Daniel Novoa
Walmart is at a significant crossroads, where despite having sales growth, it faces significant pressures on its margins that have resulted in a drop in its net profit during the third quarter of 2024. The company reported an 8% increase in revenue and a 6.5% growth in operating cash flow, earning almost 230,194 million pesos and 24,455 million pesos, respectively.Despite this, net profit fell by 5.1%, closing the quarter at 12,934 million pesos, indicating that sales growth is not enough to offset high operating costs and the upward pressures that affected various product categories. This scenario shows a frequent challenge…
The Mexican Caribbean hosted the first edition of los Premios Nacionales de Turismo Sostenible, Inclusivo y Justo, which publicly recognized innovative initiatives.BBVA’s Sustainability Director, Sergio Torres Lebrija, led the awards ceremony for the first-place winners of the BBVA National Sustainability Challenge for the containment and use of sargassum, “Together for the Mexican Caribbean,” which was won by the Bioenergy project of the National Polytechnic Institute (IPN) and Sargapanel of the Universidad Autónoma de México (UNAM).The award for the Best Initiative for the Promotion of Sustainable Tourism went to the tourism promotion campaign New Era Mexican Caribbean of the Quintana Roo…
When Ulta Beauty began its current supply chain transformation journey in 2021, it wanted to do things differently than its competition.Other retailers constantly build large facilities that can sit underutilized year-round, but Ulta made a deliberate decision to keep the space smaller, according to chief supply chain officer Erik Lopez in an interview with Supply Chain Dive.“We took a differentiated approach to say, you know, we don’t want to just build a one-size-fits-all solution for the entire network because we know we have growth, but our growth is not just going to be vertical,” Lopez said. “We have a tiered…
Mexico’s sister cities share the same love for welcoming tourists. Tampico and Ciudad Madero, in the state of Tamaulipas, are important references when it comes to visiting a place that offers you everything; and the most fascinating thing is that they are only five hours from Mexico City.Tampico and Ciudad Madero, in Tamaulipas, two jewels of tourism in MexicoBeautiful by nature, the Beach Miramar, in Tampico, is one of the best beaches in the country, as confirmed by hundreds of families visiting it. From getting your feet wet, enjoying a walk along the coastal boulevard, walking along its clean sand,…
Amazon for years, with its electronic commerce has had a huge number of third-party sellers to supply most of the inventory that consumers buy. But keeping track of their finances has long been a challenge for third-party merchants, particularly small, mom-and-pop shops.Amazon said Monday it is partnering with IntuitIntuit QuickBooks and will be available on Amazon Seller Central, the hub sellers use to manage their Amazon businesses, the companies say. Eligible sellers will also have access to loans through QuickBooks Capital.“Together with Intuit, we are working to equip our selling partners with additional financial tools and access to capital to…
In a pilot project, Walmart provided its employees at select stores with body cameras to wear on the job.According to CNBC, which first reported the news, some Walmart stores have signs at entry points warning shoppers that they have “body cameras in use.”The measure was designed to improve worker safety and the retailer hopes to increase it, CNBC reported. Stores where employees wear the cameras have signs indicating that body cameras are being used.CNBC also reports that at least one employee working at a Walmart store in Denton, Texas (Dallas metropolitan area) has been seen using one of the cameras.Additionally,…
More than just a home improvement store, The Home Depot is positioning itself as a major player in the sports marketing landscape. Its recent partnership with the 2026 FIFA World Cup represents a determined step toward connecting with consumers in a more meaningful and deeper way.Erika Díaz, Vice President of Online Sales, Marketing and Public Relations at The Home Depot Mexico, highlighted the synergy between football and the home. “In Mexico, football is part of our identity. This same passion we feel for the game is connected to the passion for creating a cozy and functional home.”, explains Díaz. With…
The ajiaco of Bogotá, Antioquia’s Bandeja Paisa, the sancocho throughout the country, they are examples of the wide gastronomy that Colombia has, which invites tourists to visit the country and learn more about its culture.But beyond the typical dishes that are recognized throughout the world, the country also has contemporary fusions that seek to please the tastes of the most demanding palates. And there are many exponents of the cuisine that deserve to be known.Thanks to its extensive territory and diversity, Colombia offers different options to the palate. To find out how traditional and modern cuisine are achieving a fascinating…
Miami’s historic Overtown neighborhood is undergoing a renaissance focused on changing the face of its community. With the recent opening of a 50,000-square-foot Target store in the new Sawyer’s Walk development, Overtown is not only becoming a growing retail hub, but also an example of revitalization and hope for its residents. This transformation is driven by large retailers with a community vision, transforming the future of an area that has historically faced significant challenges in terms of infrastructure and services.The arrival of Target and other retailers in Sawyer’s Walk offers both shopping options and affordable housing.The opening of Target store…
Since the opening of its first hostel in Bogotá in 2012, Masaya Experience has been establishing itself in the hospitality sector in Colombia and has contributed to transforming the way travelers experience local culture. With a philosophy that focused on the authentic connection between territories and people, Masaya has managed to consolidate a collection of accommodations that reflect the essence of each place in which they are located, highlighting indigenous values through cultural encounters, daily activities, gastronomic offerings, and travel experiences.According to the accommodation brand, they have experienced sustained growth in these 12 years and already have 10 properties nationwide,…
