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Aurrerá
Aurrerá (word from the Basque language "aurrera" which means "forward") is a defunct grocery chain in Mexico. It started operations in 1958 in Mexico City, and folded in 2001 after being acquired by Walmart. During 2001 and 2002, the remaining Aurrerá stores became Bodega Aurrerá and Walmart Supercenter stores. In addition, many products (mostly milk) are now marketed at these stores under the Aurrerá brand, similar to Walmart's '' Great Value'' brand. History and pop culture In Mexico, the Arango brothers, Jerónimo, Placido and Manuel, founded the stores Aurrera thinking in a supermarket model, with household items and clothing at cheaper prices. ''Aurrera'' in Basque means “Come on”, “Forward”. * 1958: Opens the first store Aurrera, with the branche Bolívar. * 1960: Begins to operate stores Superama 1960. * 1964: Starts operations Vips Restaurants 1964. * 1970: Begins Suburbia and Bodega Aurrerá operations. * 1976: Inaugurate First Distribution Center in Me ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bodega Aurrerá
Bodega Aurrerá is a Mexican discount store owned by Walmart de México y Centroamérica. The chain was first established in 1970 in Mexico City. Though every Aurrerá store was converted into Walmart, both Aurrerá and Bodega Aurrerá names survived, the former as a product brand and the latter as a store. History In Mexico, the Arango brothers, Jerónimo, Placido and Manuel, founded the stores Aurrerá thinking in a supermarket model, with household items and clothing at cheaper prices. ''Aurrera'' in Basque means “Come on”, “Forward” . * 1958: Opens the first Aurrerá store, with the Bolívar location. * 1960: Begins to operate the store brand of Superama. * 1964: Starts the operation of Vips Restaurants. * 1970: Begins the operations of the Suburbia and Bodega Aurrerá store brands. * 1976: Inaugurates the first Distribution Center in Mexico (in Spanish, ''CEDIS''). * 1978: Opening of the restaurant chain El Portón (The Gate). * 1986: Creates the organization G ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suburbia (department Store)
Suburbia is a chain of department stores founded in 1970 in Mexico City. Its main activity consists of the sale of clothing, appliances, electronics and cell phones aimed at the socioeconomic middle and low classes. Suburbia currently has 166 stores in the Mexican Republic. History The first branch was opened on October 28, 1970, in Taxqueña, south of Mexico City, in which its concept was born as a department store for clothing, footwear and accessories for the whole family. In 1986, together with Aurrerá, Bodega Aurrerá, Superama, Vips and El Portón, Grupo Cifra was created. In 1994, together with Vips, Suburbia joined the Cifra Walmart group (which in turn changed to Walmart de México in 2001). In 1997, Suburbia had more than 9,000 employees. On January 18, 2016, Walmart de México announced the start of the sales process for this format, which ended when the El Puerto de Liverpool chain acquired 100% of the chain on August 10, 2016. The final closure of the operat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vips (Mexican Restaurant)
Vips is a restaurant chain of casual full-service restaurants across Mexico and Spain founded by the Arango brothers and owned by Alsea, a Mexican hospitality and retail conglomerate. Visually and in the type and quality of service, they are similar to a U.S. "coffee shop" or diner such as Denny's, and compete with Sanborns, Toks and Wings with the format. The chain's restaurants are located in Mexico and Spain and operate in more than 70 cities and now has 260 restaurants serving around 9 million customers a year. History The firm was founded in 1964 in Mexico City by brothers Jerónimo, Plácido and Manuel Arango (also founding owners of the hypermarket Aurrerá and the mass-market department store Suburbia), while they founded Vips in Spain – the birth country of the brothers' parents – in 1969, at the initiative of Plácido. At first, the restaurant was called VIP (an acronym for Very Important People) but as the public commonly called it "Vips", the firm later changed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2001 Mergers And Acquisitions
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by 2, although by other definitions 1 is the second natural number, following 0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 is the s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Companies Disestablished In 2001
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Companies Established In 1958
Retail is the sale of goods and services Service may refer to: Activities * Administrative service, a required part of the workload of university faculty * Civil service, the body of employees of a government * Community service, volunteer service for the benefit of a community or a p ... to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturing, manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a Profit (accounting), profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supermarkets Of Mexico
A supermarket is a self-service shop offering a wide variety of food, beverages and household products, organized into sections. This kind of store is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or big-box market. In everyday U.S. usage, however, "grocery store" is synonymous with supermarket, and is not used to refer to other types of stores that sell groceries. The supermarket typically has places for fresh meat, fresh produce, dairy, deli items, baked goods, etc. Shelf space is also reserved for canned and packaged goods and for various non-food items such as kitchenware, household cleaners, pharmacy products and pet supplies. Some supermarkets also sell other household products that are consumed regularly, such as alcohol (where permitted), medicine, and clothing, and some sell a much wider range of non-food products: DVDs, sporting equipment, board games, and seasonal items ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cinema Of Mexico
Mexican cinema dates to the late nineteenth century during the rule of President Porfirio Díaz. Seeing a demonstration of short films in 1896, Díaz immediately saw the importance of documenting his presidency in order to present an ideal image of it. With the outbreak of the Mexican Revolution in 1910, Mexican and foreign makers of silent films seized the opportunity to document its leaders and events. From 1915 onward, Mexican cinema focused on narrative film. During the Golden Age of Mexican cinema from 1936 to 1956, Mexico all but dominated the Latin American film industry. The Guadalajara International Film Festival is the most prestigious Latin American film festival and is held annually In Guadalajara, Guadalajara, Mexico. Mexico has twice won the highest honor at the Cannes Film Festival, having won the ''Grand Prix du Festival International du Film'' for ''María Candelaria'' in 1946 and the Palme d'Or in 1961 for ''Viridiana'', more than any other Latin American ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telenovela
A telenovela is a type of a television serial drama or soap opera produced primarily in Latin America. The word combines ''tele'' (for "television") and ''novela'' (meaning "novel"). Similar drama genres around the world include '' teleserye'' (Philippines), '' téléroman'' (Canada, specifically Quebec), and ''sinetron'' (Indonesia). Commonly described using the American colloquialism Spanish soap opera, many telenovelas share some stylistic and thematic similarities to the soap opera familiar to the English-speaking world. The significant difference is their series run length; telenovelas tell one self-contained story, typically within the span of a year or less whereas soap operas tend to have intertwined storylines told during indefinite, continuing runs. This makes them shorter than most other television series, but still much longer than a miniseries. This planned run results in a faster-paced, more concise style of melodrama compared to a typical soap opera. Episodes of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sam's Club
Sam's West, Inc. (doing business as Sam's Club) is an American chain of membership-only retail warehouse clubs owned and operated by Walmart Inc., founded in 1983 and named after Walmart founder Sam Walton as Sam’s Wholesale Club. , Sam's Club ranks second in sales volume among warehouse clubs with $57.839 billion in sales (in fiscal year 2019) behind rival Costco Wholesale. , Sam's Club operates 600 membership warehouse clubs in the United States in 44 states, Puerto Rico and the U.S Virgin Islands. The only states where Sam's Club does not operate are Alaska (all three locations in that state closed in 2018 as part of a plan to close 63 clubs), Massachusetts (its last remaining location in that state, located in Worcester, closed in 2018 as part of a plan to close 63 clubs), Oregon, Rhode Island (the state's only location, in Warwick, closed in 2016 as part of a plan to close 269 stores globally, including four U.S. clubs), Vermont, and Washington (all three locations in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
