"Latin American retail is very competitive,
with local players in every single sector."
JORGE LIZAN

"Liverpool had succeeded through its
visuals and store design. They hired the
best architects to do their designs, not
only the facade but the architectural
design within the stores, and you feel
really good inside.”
JORGE LIZAN

"It is an experience. This is how
they’re innovating-visual and
attractive - also, they have imports
from all over the world."
JORGE LIZAN

"For Falabella, success pivoted around
its commitment to innovation. They
had recently committed 80% of its
development budget to technology
like e-commerce and in-store tools.
Its a huge investment for something that
is still a very small part of their business."
JORGE LIZAN

"My only recommendation would be
try not to compete in the same sector and
niche, rather bring something different”.
JORGE LIZAN

“If you can bring something innovative,
something that’s not in the region already,
the opportunities are huge.”
JORGE LIZAN

Sears in Mexico is “booming,”
“I don’t see any impact for Mexico from
the situation in the U.S. Sears in Mexico
doesn’t depend on Sears in the U.S.”
JORGE LIZAN

“Sears (Mexico) is something very
different from the operation in the U.S.
It has its own merchandise strategy
and independent supply chain.
It has brands not available in the U.S.
The merchandise quality in Mexico
is better than it is in the U.S.”
LIZAN