“Mexicans have been going to the mercado and tianguis since the Aztecs. It is in our way of life.”— Large Mexican retailer’s CEO
Importance of mom&pop stores in Mexico’s society
Each Mexican family visits a tiendita an average of 276 times a year
750 000 Mom & Pop stores operate in Mexico
6 million Mexicans work informally in food and beverage retailing
Our research shows that most Mom & Pop stores in Mexico are excluded from both public and private services. These micro-businesses have three key needs.
In addition, these stores face increasing competition from not only other Mom & Pop stores, but also from a growing number of mini-mark chains such as OXXO and 7-Eleven.
There are 14,000 Oxxos in Mexico.
Oxxo open a store every eight hours
Everytime an Oxxo opens, they typically cause 5 tienditas to go out of business.
“Sources: Study TENOLI with 150 mom&pop stores in Iztapalapa.”