Rob Gallo offers some insight into Mexican retail expansion's potential in the US
One player in the whole question of Mexico’s retail expansion is Texas itself, Gallo of Impact 21 says. Despite the oil bust, most parts of Texas are economically strong, and it has always been a business-friendly state. “I can tell you that there are operators down [in Mexico] that have plans to operate new-to-industry retail in the Texas market,” Gallo says.
Multiple factors can allow a new player to thrive in the Lone Star state.
“Those who are in Texas recognize the market is strong,” Gallo says. “You can take share based on competitive advantage; some will do it with foodservice, some price value, and others will have more cultural ties and lifestyle appeal.”