The future of the financial system lies at the corner store
The article discusses how the future of Mexico's financial system is being shaped not just by banks and apps, but in everyday interactions at corner stores like OXXO.
Consumer companies expect to 'score' in sales from the World Cup
With the 2026 World Cup approaching, companies like Arca Continental, Coca-Cola FEMSA, and OXXO foresee a significant boost in demand during this sporting event, projecting an economic impact of over $4 billion for Mexico.
Raízen saw its debt soar by investing in Oxxo and second-generation ethanol
Raízen has filed for extrajudicial recovery to restructure its R$ 65 billion debt, largely due to investments in second-generation ethanol and new technologies.
Thieves threaten employee and steal goods from Oxxo store in Santos; two arrested
Two men were arrested after robbing an Oxxo store in Santos, Brazil, threatening the employee with a knife and a fake gun to steal merchandise.
Armed civilians set fire to a gas station and shoot at Oxxo in Cuitzeo, Michoacán
Armed civilians attacked an Oxxo store and set fire to a gas station in Cuitzeo, Michoacán, resulting in material damage but no injuries reported.
Spin, Femsa's financial platform seeks to lead the Mexican market by 2026
Femsa's financial platform Spin aims to establish itself as a key player in Mexican financial inclusion by leveraging its extensive physical network of over 24,000 OXXO stores.
FEMSA takes control of Oxxo store chain in Brazil and ends partnership with Raízen
FEMSA has announced it has taken full control of the Oxxo convenience store chain in Brazil, concluding its joint venture with Raízen.
Mexican Femsa takes control of Oxxo store chain in Brazil
Mexican group Femsa announced it has taken control of the Oxxo mini market chain in Brazil, completing the separation from its joint venture with Raízen.
Femsa takes full control of Oxxo stores in Brazil
Fomento Económico Mexicano (Femsa) has completed its partnership with Grupo Nós and Raízen, gaining total control over Oxxo stores in Brazil including a distribution center in São Paulo.