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Shoppers in Mexico Are Going Back to Malls and Buying More than Usual
E-commerce will play a smaller role than during the quarantine, but that doesn't mean it will decrease in absolute terms.
Growth in fashion retail despite current challenges. Photo: Tuur Tisseghem de Pexels
06/15/2021
This is good news for apparel retailers such as Grupo Axo, which opened at least four new stores in 1Q21.
However, demand is expected to remain flat. E-commerce will return to playing a smaller role than it did during the quarantine, but that doesn't mean it will shrink in absolute terms.
Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.
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