Coppel is a nationwide department store in Mexico based in
Culiacán,
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 d ...
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, 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, with sales higher than
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.
According to
Deloitte, Coppel is ranked 156th-largest retailer in the world with sales in fiscal year 2015 of 6.156 billion USD.
In 2020 Coppel implemented the Universidad Corporativa Coppel
for Coppel employees who have 3 months of seniority, as well as for direct relatives aiming to make its staff more qualified and grow professionally.
References
Facturación Coppel
Department stores of Mexico
Companies based in Sinaloa
Mexican brands
External links
{{commonscat, Coppel