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Salinas Y Rocha
Salinas y Rocha (acronym: SYR) was a chain of Mexican department stores primarily selling appliances. The history of the Salinas y Rocha chain dates back to 1906, when 22-year-old Benjamín Ricardo Salinas Westrup, a young entrepreneur from Monterrey, and his brother-in-law Joel Rocha decided to create "Benjamín Salinas y Compañía", manufacturing brass and iron beds and wooden furniture. Due to the Mexican Revolution the factory had to closed but in the 1920s, the company resurfaced. In downtown Monterrey, on Padre Mier Street near the corner of Zaragoza, they open the first Salinas y Rocha store. The strategy was to sell a lot, in small installments, with small profits. A few years later, the firm began its first expansion plan with the manufacturing of mattresses, and some time later, it implemented a new formula in the country: sales on credit: allowing customers to pay for the merchandise in installments. Salinas y Rocha and later the Elektra chain that emerged from it, beco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mexican Revolution
The Mexican Revolution ( es, Revolución Mexicana) was an extended sequence of armed regional conflicts in Mexico from approximately 1910 to 1920. It has been called "the defining event of modern Mexican history". It resulted in the destruction of the Federal Army and its replacement by a revolutionary army, and the transformation of Mexican culture and Federal government of Mexico, government. The northern Constitutionalists in the Mexican Revolution, Constitutionalist faction prevailed on the battlefield and drafted the present-day Constitution of Mexico, which aimed to create a strong central government. Revolutionary generals held power from 1920 to 1940. The revolutionary conflict was primarily a civil war, but foreign powers, having important economic and strategic interests in Mexico, figured in the outcome of Mexico's power struggles. The United States involvement in the Mexican Revolution, United States played an especially significant role. Although the decades-long r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monterrey
Monterrey ( , ) is the capital and largest city of the northeastern state of Nuevo León, Mexico, and the third largest city in Mexico behind Guadalajara and Mexico City. Located at the foothills of the Sierra Madre Oriental, the city is anchor to the Monterrey metropolitan area, the second-largest in Mexico with an estimated population of 5,341,171 people as of 2020 and the second most productive metropolitan area in Mexico with a GDP ( PPP) of US$140 billion in 2015. According to the 2020 census, the city itself has a population of 1,142,194. Monterrey is one of the most livable cities in Mexico, and a 2018 study found that suburb San Pedro Garza García is the city with the best quality of life in Mexico. It serves as a commercial center of northern Mexico and is the base of many significant international corporations. Its purchasing power parity-adjusted GDP per capita is considerably higher than the rest of Mexico's at around US$35,500, compared to the country's US$18,800. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grupo Elektra
Grupo Elektra is a Mexican financial and retailing corporation established by Hugo Salinas Price. The company has operations in Latin America and is the largest non-bank provider of cash advance services in the United States. It is listed on the Bolsa Mexicana de Valores (ELEKTRA*) and on the Spanish Stock Market Latibex (XEKT). The Group operates more than 7,000 points of contact in Mexico, the United States, Guatemala, Honduras, Peru, Panama and El Salvador. The company operates through two divisions to satisfy the needs of its customers: commercial and financial. Commercial Division Grupo Elektra offers appliances, consumer electronics, furniture, motorcycles, mobile phones, computers, as well as electronic money transfer business and extended warranties, among many other products. Elektra is the most important store format of the company. It has 1,143 points of sale throughout Mexico and Central and South America, focused to underserved social classes. The g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hugo Salinas Rocha
Hugo or HUGO may refer to: Arts and entertainment * ''Hugo'' (film), a 2011 film directed by Martin Scorsese * Hugo Award, a science fiction and fantasy award named after Hugo Gernsback * Hugo (franchise), a children's media franchise based on a troll ** ''Hugo'' (game show), a television show that first ran from 1990 to 1995 ** ''Hugo'' (video game), several video games released between 1991 and 2000 * ''Hugo'' (stylised as ''hugo''), a 2022 album by British rapper Loyle Carner People and fictional characters * Victor Hugo, a French poet, novelist, and dramatist of the Romantic movement. * Hugo (name), including lists of people with Hugo as a given name or surname, as well as fictional characters * Hugo (musician), Thai-American actor and singer-songwriter Chulachak Chakrabongse (born 1981) Places in the United States * Hugo, Alabama, an unincorporated community * Hugo, Colorado, a Statutory Town * Hugo, Minnesota, a town * Hugo, Missouri, an unincorporated community * Hugo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ricardo Salinas Pliego
Ricardo Benjamín Salinas Pliego (born 19 October 1955) is a Mexican businessman, founder and chairman of Grupo Salinas, a corporate conglomerate with interests in telecommunications, media, financial services, and retail. He is the third richest person in Mexico and the 172nd richest person in the world with an estimated net worth of US$13.6 billion in February 2021. Career Ricardo Salinas Pliego is a CPA graduate of the Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM). After earning an MBA at Tulane University, he joined Elektra in 1981 as import manager. He learned the business moves when the company faced dire financial straits at the continuing devaluation of the eighties. Between 1981 and 1986, Salinas experimented with other businesses such as a restaurant in Monterrey, satellite dishes and the sale of systems multi communication. In 1987 Ricardo succeeded his father Hugo Salinas Price as CEO of Grupo Elektra. The company began as a family-owned furn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
El Puerto De Liverpool
El Puerto de Liverpool S.A. de C.V., commonly known as Liverpool, is a mid-to-high end retailer which operates the largest chain of department stores in Mexico. It operates 136 stores under the Liverpool name, 131 stores under the Suburbia name, and 27 shopping centers, including Perisur and Galerías Monterrey. Its headquarters are in Santa Fe, a suburb and a main business center in Mexico City. Liverpool stores History Liverpool, first called ''The Cloth Case'', was founded in 1847 by Jean Baptiste Ebrard, a Frenchman who first started selling clothes in cases in Downtown Mexico City. In 1872, he started importing merchandise from Europe . Much of the merchandise was shipped via Liverpool, England, prompting Ebrard to adopt the name ''Liverpool'' for his store, in 1862 he opened its second store and since then it has continued growing . Liverpool Interlomas Store In 2011, Liverpool opened a high-profile store at Paseo Interlomas, in the Interlomas, a major upscale suburban ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grupo Salinas
Grupo Salinas is a corporate conglomerate formed in 2001 by several Mexican companies. The group consists of: * TV Azteca - television and radio network * Grupo Elektra - products include finance, home appliances, consumer electronics, furniture, motorcycles, mobile phones, computers and extended warranties * Mazatlán F.C.- football club * Telecosmo - internet service provider * Italika - motorcycle manufacturer Each of the Grupo Salinas companies operates independently, with its own management and board of directors. History Company history begins with a store called "Salinas y Rocha" founded in 1906 in Monterrey. In 1950, Grupo Elektra began as a radio factory. Two years later, the company began manufacturing television sets and increased its workforce to 70 employees. Elektra began selling products directly to consumers in 1954. In 1957, Elektra retail stores incorporated credit programs. By 1968, Elektra had 12 stores in the region and by 1987, 59 stores. Elektra Group b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Department Stores Of Mexico
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence {{Disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumer Electronics Retailers
A consumer is a person or a group who intends to order, or uses purchased goods, products, or services primarily for personal, social, family, household and similar needs, who is not directly related to entrepreneurial or business activities. The term most commonly refers to a person who purchases goods and services for personal use. Consumer rights “Consumers, by definition, include us all," said President John F. Kennedy, offering his definition to the United States Congress on March 15, 1962. This speech became the basis for the creation of World Consumer Rights Day, now celebrated on March 15. In his speech : John Fitzgerald Kennedy outlined the integral responsibility to consumers from their respective governments to help exercise consumers' rights, including: *The right to safety: To be protected against the marketing of goods that are hazardous to health or life. *The right to be informed: To be protected against fraudulent, deceitful, or grossly misleading informatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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