Mexico: Buying and Selling
• Walmart de Mexico y Centroamerica leads the retail market in Mexico. Walmart’s main store formats include Superama (a medium size supermarket), Walmart Supercenters (hypermarkets), and Sam’s Club (warehouse clubs). As of 2022, all three business formats had internet retailing as well. Moreover, there is Bodega Aurrera, the Walmart outlet that targets lower-income consumers, with also recently entered the e-commerce subsector.
• Oxxo, a Mexican convenience store chain, is the second largest retailer after Wal-Mart.
• Soriana has several different formats to meet the demands of different population segments. Soriana is the third largest retail company in Mexico after Wal-Mart, with 790 outlets across Mexico. Soriana manages five store-based retailing formats: Hypermarkets (Hipermercado Soriana), supermarkets (Supermercado Soriana), discounters (Mercado Soriana and Soriana Express), convenience stores (Super City) and warehouse stores (City Club). Following the strategy of offering new products and services to its clients, Soriana started to include health centres at its hypermarkets and supermarkets, providing medical services at very low prices.
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Latest Update: July 2024