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In expansion push, Home Depot to spend $172 mln in Mexico this year
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In expansion push, Home Depot to spend $172 mln in Mexico this year
Apr 1, 2024 4:06 PM

MEXICO CITY, April 1 (Reuters) - Home Depot ( HD ) will invest

2.86 billion pesos ($172.16 million) in Mexico in 2024 in a bid

to expand its market share in the country, the home improvement

chain said on Monday.

The company is widening its product offerings, particularly

in the furniture, decorations and pets segments, adding in a

statement that it aims to open 12 more stores in the next few

years to reach 150 total in Mexico.

($1 = 16.6124 Mexican pesos)

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