Coppel Plans MX$14 Billion Investment for 100 New Stores in 2025

Coppel, Mexico’s largest private retailer, has announced a 2025 investment plan of MX$14.2 billion (US$690 million). Over 60% of the budget will be allocated to opening 100 new stores and renovating 66 existing locations.

Agustín Coppel Luken, Chainman and CEO, highlighted the unique consumer behavior in Mexico compared to other markets like the United States and Brazil, where malls have struggled. “How people consume in one country is absolutely different from how they consume in another,” he told the Financial Post.

The investment also supports Coppel’s expanding e-commerce operations, the fastest-growing segment of its business. Plans include the expansion of eight distribution centers, the opening of six new facilities to meet rising online demand, and enhancements to its digital ecosystem. This includes upgrades to the company’s app, which enables customers to apply for credit and make purchases.