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SMI - GERAL Q1 2026
+0.64 % 291.76
=
INCOME RETURN
+2.21 % +
APPRECIATION RETURN
-1.57 %
USD / MXN
0.00 % 17.48
GDP (Quarterly, Millions)
-1.24 % 29,325,765.23 PTS
CPI
0.00 % 4.45 PTS
Reference Rate
0.00 % 6.50 PTS
Closing IPC
0.00 % 66,141.38 PTS
UDIs
0.00 % 8.83 PTS

Chedraui Sees Growth Opportunities in Mexico

  • Chedraui, the third largest supermarket chain in Mexico, sees growth opportunities in the country through its acquisition of Smart & Final.
This is one of the many Grupo Comercial Chedraui stores in Mexico. Photo: shutterstock.com/photopixel.
This is one of the many Grupo Comercial Chedraui stores in Mexico. Photo: shutterstock.com/photopixel.
04/18/2022
Grupo Comercial Chedraui, the third-largest supermarket chain in Mexico, has announced its intention to capitalize on growth opportunities in the country through its acquisition of Smart & Final, an American price club. 

The company acquired Smart & Final in May 2021 and is considering expanding its presence to other regions of Mexico. Although Smart & Final is smaller in size compared to competitors like Sam's Club, owned by the retail giant Walmart de México y Centroamérica, and Costco Wholesale Corporation, Chedraui plans to enhance services and improve the consumer experience.

Executives conveyed this strategy during a conference call with analysts and investors. Chedraui has formed an alliance to operate Smart & Final stores in Baja California and Sonora, where the performance has been positive. Currently, there are 17 Smart & Final units operating in Mexico. 

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Mexico
National
Retail
Market Analytics
Retail And E-Commerce

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