Mexico

Mexico's second largest grocery retailer Soriana has reported an increase in net profits but a slide in sales for the third quarter of 2009. Over the period, net profits more than... 2009-10-29

Mexican bread maker Grupo Bimbo has reported a 24.5% rise in earnings for the third quarter of 2009, following the acquisition the US bread-making unit of Canada-based food and retail... 2009-10-27

The CEO of Cadbury's Mexican division, Erik Seiersen, has announced that the firm will invest US$50mn this year to expand its plant in the state of Puebla. Seiersen revealed that... 2009-10-06

Japanese functional beverage manufacturer Yakult Honsha has announced plans to build a third plant in Mexico. The facility is set to open in less than two years time and will require... 2009-10-05

The head of corporate affairs at Mexican brewer Femsa has revealed that a government plan to impose taxes on alcohol could raise the average cost of beer by 11%. Genaro Borrego called... 2009-09-30

The head of Mexico's largest retailer, Wal-Mart de Mexico (Walmex), has revealed that the firm expects to open 270 stores in the current year, 18 more than previously announced. Chief... 2009-09-11

As politicians in the US weigh up proposals for a 'lifestyle tax' on unhealthy food and drink products, politicians in Mexico are outlining plans for new food and drink taxes designed... 2009-09-09

The director of corporate affairs at Peruvian beverage company Ajegroup, Alfredo Paredes, announced that the firm expect sales volumes to increase by 10% in the current year despite... 2009-09-07

Chief executive of The Coca-Cola Company (TCCC), Muhtar Kent, has revealed that the firm and its bottling partners, including anchor bottler Coca-Cola Femsa, will invest US$5bn in... 2009-08-24

The results posted by Mexico's two largest brewers for the first half of 2009 indicate the impact of the economic recession and the H1N1 flu outbreak on beer sales in the country.... 2009-08-12