Business · Companies · 3 hrs ago

OfficeMax Mexico adds beauty products and plans store renovations

OfficeMax Mexico adds beauty products and plans store renovations

OfficeMax is expanding beyond stationery by adding beauty, skincare and other personal-care products to its stores in Mexico.

The company has added more than 1,000 product codes and now offers more than 6,000 items, including supplies for artists and creative projects.

A renovated store in Pedregal, Mexico City, is the pilot for a plan to remodel 82 other branches, with work potentially starting in 2027.

The company will review the pilot’s performance and customer feedback before deciding how much to invest; the wider project could take two to four years.

Pedregal’s sales growth was 12.4%, against a 4.1% average across stores, according to company figures.

The changes aim to draw more shoppers and increase sales per store, while helping OfficeMax compete with low-price online platforms through in-store availability, advice and online ordering for items not on display.

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What people are saying

Javier ToussaintOfficeMax executive
If a store costs 100%, renovating a store costs 10 or 15%. So it really is not a very high cost.
via Expansión MX
We understand that these platforms have very low prices and there is a market for everything, but when you want something that will last, is specific, and you want it right now, that is, immediately, nobody beats us.
via Expansión MX
If you keep doing the same thing, you will get the same results (...) The secret is profitability per square metre.
via Expansión MX