Double-digit increase in traffic in physical stores in Mexico

News
 |  
Apr 2023
 |  
Fashion Network
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What: Visits to physical stores in Mexico increased by 14% during the first quarter of 2023 compared to last year.

Why it is important: The increase is the first since the pandemic and a great achievement for stores given current economic pressures.

Despite the first quarter of the year being a difficult sales period, shoppers who visited stores opted for more valuable items than last year as the number of  completed transactions remained the same but the average ticket purchase ticket increased 14% in comparison to last year.

By region, the Northeast of the country was the best performer in terms of sales growth, with a 24% increase in revenue compared to the first quarter of 2022.

By sector, the fashion division experienced the highest growth in views with a 27% increase and an 11% increase in sales when compared to the previous year.


Double-digit increase in traffic in physical stores in Mexico