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Mexican retailer Coppel earmarks $689 mln for 2025 investments
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Mexican retailer Coppel earmarks $689 mln for 2025 investments
Jan 28, 2025 7:29 AM

MEXICO CITY, Jan 28 (Reuters) - Mexican low-cost

retailer and lender Coppel plans to spend 14.2 billion pesos

($688.8 million) in 2025 on store remodels and openings, a

digital overhaul and on renewable energy initiatives, it said on

Tuesday.

Coppel will open 100 new stores and remodel more than 60

current locations this year, creating some 6,800 new jobs,

Coppel said in a statement. According to the firm, Coppel is one

of Mexico's top 10 employers.

($1 = 20.6172 Mexican pesos)

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