Comercial City Fresko, S. de R.L. de C.V. is a Mexican holding company of

hypermarket A hypermarket (sometimes called a hyperstore, supercentre or superstore) is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, includin ...

s headquartered in

Mexico City Mexico City ( es, link=no, Ciudad de México, ; abbr.: CDMX; Nahuatl: ''Altepetl Mexico'') is the capital and largest city of Mexico, and the most populous city in North America. One of the world's alpha cities, it is located in the Valley o ...

, Mexico. It operates the hypermarkets La Comer, City Market, Fresko and Sumesa, which have a strong presence in Mexico City and Central Mexico. Founded in 1944 as Controladora Comercial Mexicana, it reported revenues of US$3.6 billion for 2014. Controladora Comercial Mexicana was listed on the

Mexican Stock Exchange The Mexican Stock Exchange ( es, Bolsa Mexicana de Valores), commonly known as Mexican Bolsa, Mexbol, or BMV, is one of two stock exchanges in Mexico, the other being BIVA - Bolsa Institucional de Valores. It is the second largest stock exchange ...

since 1991 and is a constituent of the IPC, the main benchmark index of Mexican stocks. In 2016 Controladora Comercial Mexicana was rebranded to La Comer after selling the brand to Organización Soriana.

Formats

As of January 4, 2016, the new company "La Comer" was born, successor to the original company founded in 1930, which intends to manage the four profitable formats of the company, identified as City Market, Fresko, Sumesa and the new entity, known as "La Comer". Unlike the previous company, it will not offer massive discounts but exclusively in

El Buen Fin El Buen Fin (short for "El Buen Fin de Semana," meaning "The Good Weekend") is an annual nationwide shopping event in Mexico. It began in 2011. It occurs the weekend before Mexican Revolution Day, which is observed on the third Monday of Novembe ...

and its new concept of season of offers, Temporada Naranja (national publicitary campaign, successor of Julio Regalado); In addition, the new store will no longer offer clothing or footwear in its new formats. As announced, the company indicates that it will have 54 units.

La Comer

In 2016, the La Comer format was created, arising from the purchase of

Comercial Mexicana Tiendas Comercial Mexicana S.A. de C.V., colloquially known as La Comercial and La Comer, was a Mexican hypermarket group that operated mainly in Mexico City and Central Mexico. It was founded in 1930 and operated by Controladora Comercial Mex ...

from Soriana, in which the format is the re-founding of the new company through some branches of Comercial Mexicana, MEGA and Bodega Comercial Mexicana retained by Grupo La Comer. This format is conceptualized on the basis of a hypermarket from to of sales floor. They are hypermarkets that are focused on consumers located in cities from 100,000 inhabitants onwards, in which they manage divisions of departments such as groceries, perishables, prepared foods, gourmet foods, general merchandise and household items. Unlike its competitors, it does not offer clothing or footwear. In the hypermarket and megamarket profile, its main competitors are: * Soriana Híper format and its two sub-formats Soriana Híper Plus and MEGA Soriana (Tiendas

Soriana Organización Soriana is a Mexican public company and a major retailer in Mexico with more than 824 stores. Soriana is a grocery and department store retail chain headquartered in Torreón, Coahuila de Zaragoza, Mexico. The company is 100% capita ...

) * Walmart Supercenter (

Walmart Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquarter ...

) * Selecto Chedraui (

Chedraui Chedraui is a publicly traded Mexican grocery store and department store chain which also operates stores in the U.S. in the states of California, Arizona, New Mexico, and Nevada under the name El Super. It is traded on the Mexican Stock Exc ...

) *

H-E-B H-E-B Grocery Company, LP, is an American privately held supermarket chain based in San Antonio, Texas, with more than 340 stores throughout the U.S. state of Texas, as well as in northeast Mexico. The company also operates Central Market, an ...

Casa Ley Casa Ley is a Mexican grocery store chain based in Culiacán founded in 1954 by Juan Ley Fong. Most of its stores are located in western Mexico, in the states of Baja California, Sonora, Sinaloa, Nayarit, Jalisco, Colima, Coahuila, Durango, Gua ...

* Alsuper from Grupo Futurama *

Smart & Final Smart & Final is a chain of warehouse-style food and supply stores based in Commerce, California, which developed through a series of mergers and expansions. The oldest of the combined companies, Hellman-Haas Grocery, was founded in 1871 in Los ...

Calimax Calimax is a local grocery store chain operating in the Mexican states of Baja California and Sonora. It was founded in the city of Tijuana, Baja California, in 1939. The company remains headquartered in Tijuana, and it has many locations on se ...

. In 2016, some stores, MEGAS and BODEGA of the former Comercial Mexicana selected by the company were converted to LaComer.

Sumesa

Controladora Comercial Mexicana had bought the SUMESA supermarkets in 1981; considered the first chain of supermarkets that existed in Mexico, created in 1945. These stores are aimed at the middle and high socioeconomic level, offering groceries and perishables; and they are installed in areas of high population density, many branches lack parking spaces, since their sales floors are 500 m2. to 1,500 m2. In its supermarket profile, its main competitors are: * Soriana Súper and its sub-format Soriana Supermarket (Tiendas Soriana) * Súper Chedraui (Chedraui) * Walmart Express (formerly Superama) (Walmart) In 2016, the Al Precio Marte store, owned by the former Controladora Comercial Mexicana, was converted to Sumesa.

City Market

City Market founded in 2006 is a Gourmet Supermarket (2800 m² of sales floor), aimed at a type of consumer with a high socioeconomic level; where there is a great variety of exclusive items in a specialized gourmet store, such as cheeses, jams, wines, liqueurs and exotic spices. They have a Cafeteria, Gelateria, Pintxos and Bar do Mar area. With this format, it is intended to make direct competition against Liverpool and El Palacio de Hierro as well as to be part of shopping centers where one of these two department stores are present as anchors. However, and as a luxury premium supermarket, its main competitors are: * Selecto Chedraui and Selecto Super Chedraui (Chedraui) (Main competitor) * Aladinno's In 2011, the Sumesa Polanco store was converted to City Market.

Fresko

In 2009, Fresko was created; focused on grocery, perishables and, to a limited extent, general merchandise items. They are supermarkets whose sales floor ranges from 1,000 to 4,500 square meters, in which they were created with the aim of providing agile and fast purchases. Cities are chosen where the vertical growth they experience takes place. In its profile of a premium fresh market supermarket, its main competitors are: * Super Chedraui and Select Super Chedraui (Chedraui) * Soriana Super Plus (Soriana Stores) * Super Ley Express Fresh (Casa Ley) * Until 2020, it was primarily competing against Superama (Walmart) at the national level. However, due to the change of format to Walmart Express, now Sumesa competes against the aforementioned new format of Walmart. In 2016, four Comercial Mexicana stores were converted to Fresko.

References

External links

*{{official, https://www.lacomer.com.mx/comercialMexicana/Inmobiliaria/inmobiliaria/plantilla_index.html Companies based in Mexico City Companies listed on the Mexican Stock Exchange Retail companies established in 1944 Retail companies established in 2016 Retail companies of Mexico Supermarkets of Mexico