Business · Companies · 4 hrs ago

How Tiendas 3B keeps prices low while growing its business

How Tiendas 3B keeps prices low while growing its business

Tiendas 3B is a Mexican discount retailer that sells everyday goods such as food and cleaning products.

Its hard-discount model keeps prices low by offering a smaller range of items and running relatively simple stores.

More than 60% of its product range is exclusive to the chain, and its own brands accounted for 54% of sales in 2024.

Selling large volumes and turning over stock quickly helps the business make money despite lower margins on individual products.

The chain also places stores close together in residential areas, which can make deliveries and restocking more efficient.

Hard-discount sales in Mexico rose from $29.7 billion in 2022 to $38.9 billion in 2024, and the format accounted for 30.5% of modern retail, according to figures cited in the article.

Tiendas 3B has also explored online sales through Mercado Libre, though shipping and packing costs must not erase its price advantage.

Sources

Related news