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Home > Company Index > Retail > Grocery Retailing > Grupo Gigante, S.A. de C.V.

Grupo Gigante, S.A. de C.V.
 PROFILE
Grupo Gigante lives up to its name. Known for superstores that sell food and general merchandise, it is Mexico's third-largest retailer, behind Wal-Mart de México and Comerci. Grupo Gigante has about 200 locations throughout Mexico under the Gigante, Bodega Gigante, and Super G names; it also has a handful of stores in Southern California. A joint venture between Grupo Gigante and RadioShack operates about 40 RadioShack outlets in Mexico, and the company's joint venture with Office Depot runs more than 35 office supply stores. Grupo Gigante also operates about 40 Toks restaurants in Mexico. The father of president Angel Losada Moreno founded the company in about 1940; it is controlled by the Losada family.

 COMPETITION
Controladora Comercial Mexicana, S.A. de C.V. (MCM)
Organización Soriana, S.A. de C.V. (SORIANA)
Wal-Mart de México, S.A. de C.V. (WMMVY)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2,818.60
1-Yr. Sales Growth: 16.4%
Employees: 23,310
Revenue per employee: $120,918.06

 KEY PEOPLE
• Roberto Salvo Horvilleur
    CEO
• Federico Coronado Brosig
    CFO

 CONTACT INFO
Ejército Nacional 769-A, Delegación Miguel Hidalgo
11520 México, D.F., Mexico
Phone: 52-5-269-8369
Fax: 52-5-269-8308
Online: Web Site

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