Content about Home Depot Mexico

December 19, 2012

Home Depot will invest $157 million (MXN $2 billion) to enlarge its presence in Mexico in 2013, according to a news report in Economista. Part of the funds will be used to buy land for new stores, which will total 100 by the end of 2012.

Home Depot Mexico chairman Ricardo Saldivar told Economista that the Atlanta-based retailer hopes to double its current number of units in the future, which sets its goal at 200 stores.

October 2, 2012

Home Depot executives, in two published interviews, discussed the Atlanta retailer’s views on expansion south of the U.S. border and beyond.

Ricardo Saldivar, chairman Home Depot Mexico, told El Financiero that the Mexican division expects to end this year with 100 stores in 58 cities. Currently there are 94 stores in Mexico. More than nine out of 10 Home Depot store openings take place in Mexico, Saldivar said.