UPDATE 1-Mexico retailers April same-store sales fall
(Adds details)
MEXICO CITY, May 13 (Reuters) - Mexican retailers group ANTAD said on Tuesday its members' same-store sales fell 3.4 percent in April compared with the same month a year ago.
ANTAD, which counts supermarket giants Wal-Mart de Mexico (WALMEXV.MX: Quote, Profile, Research, Stock Buzz) and Soriana (SORIANAB.MX: Quote, Profile, Research, Stock Buzz) among its members, cited and early Easter and one Sunday less last month as reasons for the decline.
Same-store sales -- which measure performance at stores that have been open for at least 12 months -- fell 1.3 percent in April of last year.
Easter, when many Mexican families take long holidays and make purchases for trips, was in March this year, compared with early April in 2007.
Regardless of the calendar effect, sales of Mexican retailers have suffered in recent months due to slowing consumption and more cautious purchases from customers amid a tough economic environment. (Reporting by Cyntia Barrera Diaz)
© Thomson Reuters 2008 All rights reserved
Ads by Career Builder
Brand Manager - CPG - Consumer Packaged Goods
Details: ...packaged goods, retailIf you are a...Manager - CPG - Consumer Packaged Goods position, and have a background...management, CPG, consumer packaged goods, retail and you are interested...
Manager - Corporate Finance (Retail and Consumer Goods)
Details: ...production, marketing and sales of retail and consumer products. With global...for exceptional and driven professionals...
Store Manager - Luxury Goods
Details: ...Florida for Luxury and Consumer Goods industries. Our...for all the Luxury Goods Store Manager positions...as follows: Plan and drive store sales...
Senior Accountant - Retail/Consumer Goods Industry
Details: ...73000 per year Retail Industry Accounting...Accountant with Retail or Consumer Products industry...with 4+ years of Retail Accounting experience...Flexible attitude and ability to work...







