The document discusses differences and similarities between the retail environments in Mexico compared to Canada and the US. It notes that while stability has come to the Mexican economy, economic risk has not been completely eliminated. It also discusses social issues like Mexico's traditional hierarchical corporate structures and employees being unwilling or not ready to take responsibility. It raises questions about how Mexican culture's importance of food may impact store design and hiring practices in Mexico.

1. Dr. Bikramjit Rishi IMT, Ghaziabad (India) [email_address] Session 9 & 10 Kmart

2. How does the Mexican Retail Environment differ from that in Canada or the US? In What ways is it Similar

3. Foreign Exchange Rates Interest Rates Inflation Rates Stability has come to the Mexican Economy, it has not completely eliminated the economic risk. Revolutionary Party had ruled Mexico since 1920 and this responsible for the introduction of NAFTA and economic reforms. Legal System in Mexico is not used to the same extent as in USA & Canada

4. Social issues which are raised in the case. Mexican Tradition of hierarchical corporate structures. In Mexico most employees are unwilling to take responsibility. Mexican employees are ready to be empowered or empowerment should come to Mexico but not yet? Training & Behavior? Mystery shoppers? Importance of food in Mexican culture and How this might impact the store design?

5. Appearance of stores would be the same as in USA? For Hiring: employees had to be young and they had to have little or no experience.