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Home > Company Index > Retail > Consumer Electronics Retailing > Grupo Elektra S.A. de C.V.
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Grupo Elektra S.A. de C.V. |
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NEWS FROM THE WIRES |
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Mexico's Elektra sees 2001 revs at $1.7 bln Aug 16 2001 02:38 PM PDT
Mexico's Elektra sees 2001 revs at $1.7 bln Aug 16 2001 02:38 PM PDT
Mexican Elektra securitizes $60 mln in receivables Jul 19 2001 02:12 PM PDT
POLL-Mexico Elektra Q2 operating profit seen rising Jul 17 2001 06:02 AM PDT
POLL-Mexico Elektra Q2 operating profit seen rising Jul 17 2001 06:02 AM PDT
> More WIRE STORIES about this company
PROFILE |
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With about 950 stores, retailer Grupo Elektra is plugged into cities throughout Mexico, as well as in Guatemala, El Salvador, Honduras, the Dominican Republic, and Peru. Its Elektra and Salinas y Rocha chains sell appliances, electronics, and furniture to lower- and upper-middle class customers, respectively. Its THE ONE stores offer low-priced clothing. Elektra stores offer installment plans, paging services, money transfers, and savings accounts. The family of late founder Hugo Salinas Rocha controls both Grupo Elektra and broadcaster TV Azteca; the retailer itself owns 22% of TV Azteca. Grupo Elektra's 1999 purchase of Salinas y Rocha reunited family factions that had split in the 1950s.
COMPETITION |
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Grupo Carso, S.A. de C.V. (GCARSO)
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Wal-Mart de México, S.A. de C.V. (WMMVY)
DEALS |
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Deal: Grupo Elektra Teams With Todito.com
Date Announced: 05.12.00
Value of transaction (US $Mil): 0
Description: Latin American specialty retailer allies with Spanish-language portal for North Americans.
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 1,533.90
1-Yr. Sales Growth: 26.8%
Employees: 19,442
Revenue per employee: $78,896.20
KEY PEOPLE |
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Javier Sarro
CEO
Älvaro Rodríguez
CFO
CONTACT INFO |
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Avenida Insurgentes Sur 3579, Colonia Tlalpan La Joya
14000 México, D.F., Mexico
Phone: 52-56-29-9000
Fax: 52-56-29-9234
Online: Web Site
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