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Comercial City Fresko
Comercial City Fresko, S. de R.L. de C.V. is a Mexican holding company of hypermarkets headquartered in Mexico City, Mexico. It operates the hypermarkets La Comer, City Market, Fresko and Sumesa, which have a strong presence in Mexico City and Central Mexico. Founded in 1944 as Controladora Comercial Mexicana, it reported revenues of US$3.6 billion for 2014. Controladora Comercial Mexicana was listed on the Mexican Stock Exchange since 1991 and is a constituent of the IPC, the main benchmark index of Mexican stocks. In 2016 Controladora Comercial Mexicana was rebranded to La Comer after selling the brand to Organización Soriana. Formats As of January 4, 2016, the new company "La Comer" was born, successor to the original company founded in 1930, which intends to manage the four profitable formats of the company, identified as City Market, Fresko, Sumesa and the new entity, known as "La Comer". Unlike the previous company, it will not offer massive discounts but exclusiv ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ...
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El Buen Fin
El Buen Fin (short for "El Buen Fin de Semana," meaning "The Good Weekend") is an annual nationwide shopping event in Mexico. It began in 2011. It occurs the weekend before Mexican Revolution Day, which is observed on the third Monday of November. On this weekend, major retailers extend their store hours and offer special promotions, including extended credit terms and price promotions. The purpose of El Buen Fin is to stimulate the economy by encouraging consumption and to improve quality of life through promotions and discounts. It was inspired by the American tradition of '' Black Friday'' and emerged as an initiative of Council of Business Coordination, in association with the federal government and private sector organizations. History Mexican President Felipe Calderón stated his belief that this move will cushion Mexican economy from the threats of European and US economic difficulties. The event is organized by * the Bancos de México's Association * Mexican Internet A ...
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Retail Companies Established In 2016
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision of ...
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Retail Companies Established In 1944
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision of ...
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Companies Listed On The Mexican Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial ...
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Companies Based In Mexico City
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Calimax
Calimax is a local grocery store chain operating in the Mexican states of Baja California and Sonora. It was founded in the city of Tijuana, Baja California, in 1939. The company remains headquartered in Tijuana, and it has many locations on several cities of Baja California. The company has 78 stores in the following cities: * Tijuana, Baja California—52 * Playas de Rosarito, Baja California—3 * Tecate, Baja California—3 * Mexicali, Baja California—17 * Ensenada, Baja California—18 * San Felipe, Baja California San Felipe is a coastal city in San Felipe Municipality, Baja California, located on the Gulf of California. The population of San Felipe was reported as 17,143 inhabitants in the 2020 Mexican Census. San Felipe is historically a fishing town. To ...—1 * San Luis Río Colorado, Sonora—3 Calimax has a celebrated joint venture with Smart & Final Inc. As an independent company, Calimax counts with its own transportation from north to south and the bigg ...
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Smart & Final
Smart & Final is a chain of warehouse-style food and supply stores based in Commerce, California, which developed through a series of mergers and expansions. The oldest of the combined companies, Hellman-Haas Grocery, was founded in 1871 in Los Angeles. The company operates over 250 stores in the Western United States and 15 in northwestern Mexico. While Smart & Final stores target both the food-service and household markets, the company also formerly operated Smart Foodservice Warehouse Stores (formerly known as Cash & Carry), which market to foodservice professionals. The stores in Mexico are operated under a joint venture with Calimax. Since 2008, in some parts of the United States, Smart & Final Extra! operates. These stores contain a slightly larger footprint and larger assortment of goods. History Formed in 1912, the Santa Ana Grocery Company mainly supplied feed and grain to local farmers. In 1914, J. S. "Jim" Smart, a banker from Saginaw, Michigan, and H. D ...
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Casa Ley
Casa Ley is a Mexican grocery store chain based in Culiacán founded in 1954 by Juan Ley Fong. Most of its stores are located in western Mexico, in the states of Baja California, Sonora, Sinaloa, Nayarit, Jalisco, Colima, Coahuila, Durango, Guanajuato, and Baja California Sur. It is Mexico's largest privately held supermarket chain. For years, 49% of the chain was owned by American supermarket chain Safeway Inc., which later went to Albertsons Companies, Inc. after it acquired Safeway in 2015. In 2018, Albertsons divested its 49% share to Tenedora CL del Noroeste, ending the company's international operations. History The company originally started as a small village shop in the mining town of Tayoltita, where Ley offered his goods to the gold and silver miners of the San Luis Mining Company. In 1948, a theft by a close friend and colleague forced Ley to eventually close his shop and leave the town, in search of a new location. The family moved to Culiacán Culiacán, o ...
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H-E-B Mexico
Supermercados Internacionales HEB, S.A. de C.V. is the Mexican division of H-E-B, a private supermarket chain based in San Antonio, Texas, U.S. It competes mainly with Soriana, Walmart México, S-Mart, Chedraui and Casa Ley. In 1997, H-E-B opened the first store in Monterrey. By the end of 1999, the company was operating six stores in Mexico—five in Monterrey and one in Saltillo, one of the stores operated under the name EconoMax, and was similar to the H-E-B Pantry stores H-E-B caters to local by offering mostly Mexican-made products. Current stores *Nuevo León (30): Zuazua, Cabezada, Puerta De Hierro, La Puerta, Metroplex, Las Puentes, Chipinque, Contry, TEC, San Nicolás, Hacienda Los Morales, Aztlán, Chapultepec, Lincoln, Gonzalitos, Linda Vista, Santa Catarina, Solidaridad, San Roque, Guadalupe Juárez, Escobedo, San Pedro, Acapulco, Guadalupe Livas, Cumbres, Sendero, La Concordia, Valle Alto, El Uro, Ciudadela, Huinalá and Valle Oriente. *Tamaulipas (12): Vic ...
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Chedraui
Chedraui is a publicly traded Mexican grocery store and department store chain which also operates stores in the U.S. in the states of California, Arizona, New Mexico, and Nevada under the name El Super. It is traded on the Mexican Stock Exchange under the symbol CHEDRAUI. History Chedraui was founded in 1927 in Xalapa, Veracruz by Lebanese immigrant Lázaro Chedraui Chaya and his wife Ana Caram. They founded towards 1920 a haberdashery in the city of Xalapa, Veracruz. Originally the business was called the Port of Beirut, clearly showing its origin, but for 1927 would adopt the name ''House Chedraui: the Only One to Trust''. In 1971 it opened the first supermarket in Xalapa, Veracruz. In 2005 it bought 29 supermarkets from Carrefour in Central and Southern Mexico. Chedraui's primary competition includes large grocers and hypermarkets such as Soriana, Walmart and Comercial Mexicana. According to Hoover's, it is "Mexico's third-largest retailer (after Walmart and Soriana), th ...
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