Chedraui
Encyclopedia
Chedraui is a publicly traded Mexican
grocery store and department store chain. It is traded on the Mexican Stock Exchange under the symbol CHEDRAUI.
, Veracruz
by Lázaro Chedraui Chaya and his wife. In 1971 it opened the first supermarket
in Xalapa
, Veracruz
. In 2005 it bought 29 supermarkets from Carrefour
. 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 about 90 self-service Chedraui stores operating in 13 eastern and southern Mexican states. Chedraui also owns about 15 La Hogaza bakeries". It has a large stake in Bodega Latina, a Paramount, California
-based company which operates 34 El Super supermarkets, mostly in the Los Angeles area.
In addition to retail, the group has a real estate arm.
Mexico
The United Mexican States , commonly known as Mexico , is a federal constitutional republic in North America. It is bordered on the north by the United States; on the south and west by the Pacific Ocean; on the southeast by Guatemala, Belize, and the Caribbean Sea; and on the east by the Gulf of...
grocery store and department store chain. It is traded on the Mexican Stock Exchange under the symbol CHEDRAUI.
History
Chedraui was founded in 1927 in XalapaXalapa
Xalapa-Enríquez, commonly Xalapa or Jalapa, is the capital city of the Mexican state of Veracruz and the name of the surrounding municipality. In the year 2005 census the city reported a population of 387,879 and the municipality of which it serves as municipal seat reported a population of...
, Veracruz
Veracruz
Veracruz, formally Veracruz de Ignacio de la Llave officially Estado Libre y Soberano de Veracruz de Ignacio de la Llave , is one of the 31 states that, along with the Federal District, comprise the 32 federative entities of Mexico. It is divided in 212 municipalities and its capital city is...
by Lázaro Chedraui Chaya and his wife. In 1971 it opened the first supermarket
Supermarket
A supermarket, a form of grocery store, is a self-service store offering a wide variety of food and household merchandise, organized into departments...
in Xalapa
Xalapa
Xalapa-Enríquez, commonly Xalapa or Jalapa, is the capital city of the Mexican state of Veracruz and the name of the surrounding municipality. In the year 2005 census the city reported a population of 387,879 and the municipality of which it serves as municipal seat reported a population of...
, Veracruz
Veracruz
Veracruz, formally Veracruz de Ignacio de la Llave officially Estado Libre y Soberano de Veracruz de Ignacio de la Llave , is one of the 31 states that, along with the Federal District, comprise the 32 federative entities of Mexico. It is divided in 212 municipalities and its capital city is...
. In 2005 it bought 29 supermarkets from Carrefour
Carrefour
Carrefour S.A. is an international hypermarket chain headquartered in Levallois-Perret, France. It is one of the largest hypermarket chains in the world...
. Chedraui's primary competition includes large grocers and hypermarkets such as Soriana
Soriana
Organización Soriana is a Mexican public company and Mexico's largest retailer. Soriana is a grocery and department store retail chain headquartered in Monterrey, Nuevo León, Mexico. The company is 100% capitalized in Mexico and is publicly traded on the Mexican stock exchange the Bolsa Mexicana...
, Wal-Mart
Wal-Mart
Wal-Mart Stores, Inc. , branded as Walmart since 2008 and Wal-Mart before then, is an American public multinational corporation that runs chains of large discount department stores and warehouse stores. The company is the world's 18th largest public corporation, according to the Forbes Global 2000...
and H-E-B
H-E-B
HEB Grocery Company, LP is a privately held San Antonio, Texas-based supermarket chain with more than 315 stores throughout Texas and northern Mexico. The company also operates Central Market, an upscale organic and fine foods retailer.H-E-B ranked No...
.
According to Hoover's
Hoover's
Hoover's, Inc., a subsidiary of Dun & Bradstreet, is a business research company that has provided information on U.S. and foreign companies and industries since 1990. Since 1993, the company has made its information available on its website.-Operations:...
, it is "Mexico's fourth-largest retailer, the supermarket giant sells groceries, apparel, and non-perishable items in about 90 self-service Chedraui stores operating in 13 eastern and southern Mexican states. Chedraui also owns about 15 La Hogaza bakeries". It has a large stake in Bodega Latina, a Paramount, California
Paramount, California
Paramount is a city in Los Angeles County, California, United States. According to the 2010 census, the city had a total population of 54,098 down from 55,266 at the 2000 census...
-based company which operates 34 El Super supermarkets, mostly in the Los Angeles area.
In addition to retail, the group has a real estate arm.