Chedraui

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Grupo Comercial Chedraui, S.A.B. de C.V.
Type Sociedad Anónima Bursátil de Capital Variable
Traded as BMV: CHDRAUI
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]