Chedraui

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Grupo Comercial Chedraui, S.A.B. de C.V.
Type Sociedad Anónima Bursátil de Capital Variable
Traded as BMVCHDRAUI
Industry Retail
Founded 1927
Founder(s) Lázaro Chedraui Chaya
Headquarters Xalapa, Mexico
Key people Antonio Chedraui Obeso, (Chairman)
Antonio Chedraui Eguia, (CEO) [1]
Revenue Increase US$ 4.9 billion (2012)
Net income Decrease US$ 115.3 million (2012)
Employees 33,018
Website www.chedraui.com.mx

Chedraui is a publicly traded Mexican grocery store and department store chain. It is traded on the Mexican Stock Exchange under the symbol CHEDRAUI.[2]

History[edit]

Chedraui was founded in 1927 in Xalapa, Veracruz by Lázaro Chedraui Chaya and his wife.[3] In 1971 it opened the first supermarket in Xalapa, Veracruz. In 2005 it bought 29 supermarkets from Carrefour.[4] Chedraui's primary competition includes large grocers and hypermarkets such as Soriana, Wal-Mart and H-E-B.

According to Hoover's, it is "Mexico's fourth-largest retailer, the supermarket giant sells groceries, apparel, and non-perishable items in 183 stores, being 136 Tienda Chedraui, 40 Súper Chedraui, 2 warehouse Chedraui and 5 Selecto Chedraui.

In addition to retail, the group has a real estate arm.

Gallery[edit]

References[edit]

  1. ^ "Chedraui looks to IPO on Mexican Stock Exchange". MVI Retail Insight. Retrieved 2010-03-13. 
  2. ^ "Investor Prospective (in Spanish)". Grupo Comercial Chedraui S.A.B. de C.V., Casa de Bolsa BBVA Bancomer S.A. de C.V., Banamex C.A. de C.V. Retrieved 2010-05-05. 
  3. ^ http://www.hoovers.com/chedraui/--ID__95115--/freeuk-co-factsheet.xhtml Hoovers: Chedraui Fact Sheet
  4. ^ "Carrefour profit dips despite strategy". New York Times. 2005-03-11. Retrieved 2010-03-13. 

External links[edit]