Coppel (department Store)
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Coppel (department Store)
Coppel is a nationwide department store in Mexico based in Culiacán, Sinaloa and founded in 1941. It is noted for extending easy credit and for enabling payment of purchases via twice-monthly installments.Jesús Remedios Vega, De persona a persona el estilo Coppel de innovar, Primera edición, México 2012, Coppel began with its creator Enrique Coppel Tamayo who set up shop in Mazatlán, Sinaloa, Mazatlán, later moving to Culiacán. By 1990 the chain had 24 stores. In 2002 it bought Canadá shoe stores. This allowed Coppel to become one of the main distributors in Mexico not only of shoes but cellphones, clothing, televisions and furniture. It is today one of the 100 largest companies in Mexico according to Expansión (Mexico), Expansión, with sales higher than Sears (Mexico), Sears, El Palacio de Hierro and Famsa. In 2015, it purchased the 51-store Viana chain to convert them to Coppel stores with an investment of 2.5 billion Mexican pesos, around 150 million USD. Accordi ...
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Culiacán
Culiacán, officially Culiacán Rosales, is a city in northwestern Mexico, the capital and largest city of both the Culiacán Municipality and the state of Sinaloa. The city was founded on 29 September 1531, by the Spanish Conquistadores, conquerors Lázaro de Cebreros and Nuño de Guzmán, Nuño Beltrán de Guzmán under the name of "Villa de San Miguel", referring to its patron saint, Michael the Archangel. As of the 2020 National Institute of Statistics and Geography, INEGI census, Culiacán had an estimated population of 808,416, placing it as the List of cities in Mexico, 21st most populous city in Mexico, while its metropolitan area had a population of 1,003,530, being the Metropolitan areas of Mexico, 17th most populous metropolitan area in Mexico. The city is in a valley on the slopes of the Sierra Madre Occidental, at the confluence of the Tamazula River, Tamazula and Humaya River, Humaya Rivers, where both join to form the Culiacán River 55 m above sea level. Ety ...
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Sinaloa
Sinaloa (), officially the Estado Libre y Soberano de Sinaloa ( en, Free and Sovereign State of Sinaloa), is one of the 31 states which, along with Mexico City, comprise the Administrative divisions of Mexico, Federal Entities of Mexico. It is divided into Municipalities of Sinaloa, 18 municipalities and its capital city is Culiacán, Culiacán Rosales. It is located in Northwestern Mexico, and is bordered by the states of Sonora to the north, Chihuahua (state), Chihuahua and Durango to the east (separated from them by the Sierra Madre Occidental) and Nayarit to the south. To the west, Sinaloa faces Baja California Sur across the Gulf of California. The state covers an area of , and includes the Islands of Palmito Verde, Palmito de la Virgen, Altamura, Santa María, Saliaca, Macapule and San Ignacio. In addition to the capital city, the state's important cities include Mazatlán and Los Mochis. History Sinaloa belongs to the northern limit of Mesoamerica. From the Fuerte River ...
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Mexico
Mexico (Spanish: México), officially the United Mexican States, is a country in the southern portion of North America. It is bordered to the north by the United States; to the south and west by the Pacific Ocean; to the southeast by Guatemala, Belize, and the Caribbean Sea; and to the east by the Gulf of Mexico. Mexico covers ,Mexico
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making it the world's 13th-largest country by are ...
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Argentina
Argentina (), officially the Argentine Republic ( es, link=no, República Argentina), is a country in the southern half of South America. Argentina covers an area of , making it the second-largest country in South America after Brazil, the fourth-largest country in the Americas, and the eighth-largest country in the world. It shares the bulk of the Southern Cone with Chile to the west, and is also bordered by Bolivia and Paraguay to the north, Brazil to the northeast, Uruguay and the South Atlantic Ocean to the east, and the Drake Passage to the south. Argentina is a federal state subdivided into twenty-three provinces, and one autonomous city, which is the federal capital and largest city of the nation, Buenos Aires. The provinces and the capital have their own constitutions, but exist under a federal system. Argentina claims sovereignty over the Falkland Islands, South Georgia and the South Sandwich Islands, and a part of Antarctica. The earliest recorded human prese ...
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Brazil
Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area and the seventh most populous. Its capital is Brasília, and its most populous city is São Paulo. The federation is composed of the union of the 26 States of Brazil, states and the Federal District (Brazil), Federal District. It is the largest country to have Portuguese language, Portuguese as an List of territorial entities where Portuguese is an official language, official language and the only one in the Americas; one of the most Multiculturalism, multicultural and ethnically diverse nations, due to over a century of mass Immigration to Brazil, immigration from around the world; and the most populous Catholic Church by country, Roman Catholic-majority country. Bounded by the Atlantic Ocean on the east, Brazil has a Coastline of Brazi ...
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Retail
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 ...
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Consumer Goods
A final good or consumer good is a final product ready for sale that is used by the consumer to satisfy current wants or needs, unlike a intermediate good, which is used to produce other goods. A microwave oven or a bicycle is a final good, but the parts purchased to manufacture them are intermediate goods. When used in measures of national income and output, the term "final goods" includes only new goods. For example, gross domestic product (GDP) excludes items counted in an earlier year to prevent double counting based on resale of items. In that context, the economic definition of goods also includes what are commonly known as ''services''. Manufactured goods are goods that have been processed in any way. They are distinct from raw materials but include both intermediate goods and final goods. Law There are legal definitions. For example, the United States' Consumer Product Safety Act has an extensive definition of consumer product, which begins: CONSUMER PRODUCT.--The t ...
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Expansión (Mexico)
''Expansión'' is a Spanish-language news magazine targeted to business markets in Mexico and Latin America created in 1969 and redesigned in 1999. While most business media in Mexico focus on macroeconomic and political aspects, ''Expansión'' is set apart by its coverage of the people and ideas that drive the private sector in Mexico. ''Expansión'' is the flagship publication of ''Grupo Expansión (GEx)'', founded in 1966. In 2005, GEx was bought by Time Inc. In 2007, ''Expansión'' and CNN jointly launched a website specializing in business, economic, and financial aspects in Mexico and Latin America. The site was originally launched as ''CNNExpansion.com'' as an adaptation modeled on CNNmoney.com CNN Business (formerly CNN Money) is a financial news and information website, operated by CNN. The website was originally formed as a joint venture between CNN.com and Time Warner's ''Fortune'' and ''Money'' magazines. Since the spin-off of Tim ... for the Latin American market. ...
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Sears (Mexico)
Sears Operadora México, S.A. de C.V. () is a department store chain located in Mexico, operating 92 stores all over Mexico as of 2022. Sears México is operated by Grupo Sanborns, a division of Grupo Carso. History Early history On 26 February 1947, the first Sears in Mexico was opened in Mexico City by Sears, Roebuck and Co. to an excited public. The location was in Colonia Roma on Avenida Insurgentes, now the site of the Plaza Insurgentes mall, where a Sears store still operates. This was far from the upscale shopping districts at that time, downtown along Avenida Juárez and the department stores just south of the Zócalo. In the first three days of operation around 110,000 guests visited the store spending around $600,000 on goods. In its first week of operation, the store struggled to stock its shelves, requiring three airplanes to fly in more goods from a Texas warehouse owned by the parent company. Its introduction to the Mexican economy is seen by some as helpin ...
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El Palacio De Hierro
El Palacio de Hierro (officially ''El Palacio de Hierro S.A. de C.V.''; en, The Iron Palace) is an upscale chain of department stores in Mexico. Its flagship store in Polanco, Mexico City, reopened in 2016 after an extensive renovation of US$300 million and an expansion of . It is the largest department store in Latin America and has been a member of the International Association of Department Stores since 2000. History In the 1850s, a clothing store opened in Mexico City called "Las Fábricas de Francia" (''The Factories of France'') which was owned by Victor Gassier, a Frenchman (not to be confused with the currently Fábricas de Francia chain, operated by Liverpool). In 1860, Gassier teamed up with Alexander Reynaud, forming a business called Gassier & Reynaud. In 1876, José Tron, his brother Henri and José Leautaud bought in, forming the association ''V. Gassier & Reynaud, Sucs. S. en C''. In 1879 the business' formal name was changed to ''J. Tron y Cía.''. However, i ...
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Famsa
Grupo Famsa was a retail company engaged in the purchase and sale of household appliances, electronic products, furniture, clothing and other consumer products in Mexico and United States. Today the company has 379 stores in 78 Mexican cities and 22 stores in Texas and Illinois, where 23 % of the Hispanic population of the USA resides. The company has its headquarters in Monterrey, Mexico. It also manufactures furniture and provides banking and credit services, including personal car financing through its Banco Ahorro Famsa. The bank has 359 banking branches within its stores in Mexico. In Famsa locations in the United States, customers can order deliveries of goods to locations in the United States and Mexico.Moreno, Jenalia.Shopping / Retailer pushes north / Famsa chain from Mexico finds growth in the U.S. ''Houston Chronicle''. Sunday August 20, 2006. Business 1. Retrieved on March 4, 2010. In addition, Famsa is in the footwear catalog business. The company serves wholesale a ...
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