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Chedraui
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Chedraui (Chedraui Group) 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, Texas, and Nevada under the banner name El Super and stores in Texas under the banner name Fiesta Mart. It is traded on the Mexican Stock Exchange under the symbol CHEDRAUI.[2]

Key Information

History

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Chedraui was founded in 1927 in Xalapa, Veracruz, by Lebanese immigrant Lázaro Chedraui Chaya and his wife Ana Caram. They founded towards 1920 a haberdashery in the city of Xalapa, Veracruz. Originally the business was called the Port of Beirut, clearly showing its origin, but for 1927 would adopt the name House Chedraui: the Only One to Trust.[3] In 1971 it opened the first supermarket in Xalapa, Veracruz. In 2005 it bought 29 supermarkets from Carrefour in Central and Southern Mexico.[4] Chedraui's primary competition includes large grocers and hypermarkets such as Soriana, Walmart and Comercial Mexicana.[citation needed]

According to Hoover's, it is "Mexico's third-largest retailer (after Walmart and Soriana), the supermarket giant sells groceries, apparel, and non-perishable items in 262 stores."

The California operations began in 1997, later expanded to Nevada, Arizona, New Mexico and Texas. The stores there are branded El Super, and operated by Grupo Chedraui's Bodega Latina Corporation, headquartered in Paramount, CA until in around 2023 or 2024. The headquarters has since been closed, and moved to Smart & Final headquarters in the city of Commerce. In 2018, Bodega Latina also acquired Fiesta Mart in Texas.[5]

In 2022, Bodega Latina acquired the 250-store Smart and Final banner stores from Apollo Global Management.[6] Following the acquisition, Bodega Latina changed its corporate name to Chedraui USA.[7] Additionally, Smart&Final del Noroeste was created through a joint venture between S&F Mexico and Grupo Calimax. Smart & Final operates on a non-membership basis, allowing customers to shop without the need for a membership.

Store Formats

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Traditional Formats (México)

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Grupo Comercial Chedraui

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  • Chedraui:

Flagship format of the chain, whose business model consists of a mix between a hypermarket and a self-service warehouse, with an area of between 4,000 and 11,000 sq m of sales floor, which has a wide assortment of groceries, perishable foods, general merchandise and clothing, operating with a retail sales scheme. This store format is aimed at cities and/or metropolitan areas that have at least 50,000 inhabitants. Its main competitors in the sector are:

In 2005, after the withdrawal of Carrefour from the Mexican market and their subsequent stores sale, all their stores located in the center, western, southern and southeastern regions of Mexico were converted to Chedraui, with the exception of the Monterrey store which was transferred to Walmart due to Chedraui's reluctance and refusal to invest in the Metropolitan area of Monterrey, despite having a distribution center north of it, while the stores located in the states of Coahuila, Chihuahua and Sonora were purchased by Soriana, which converted them to Soriana Híper.

  • Super Chedraui:

Supermarket format which has an area of between 1,000 and 2,500 sq m of sales floor. They sell an optimized assortment of groceries, perishable foods, general merchandise and clothing, which are products with the highest turnover in hypermarkets. This format is aimed at cities with between 10,000 and 50,000 inhabitants as well as in areas where it's not possible to locate a traditional-sized Chedraui store.

Its main competitors in the sector are:

Warehouse format with a sales floor area of between 2,000 and 2,500 sq m, which offers basic necessities, such as groceries, perishable foods and general merchandise, which, due to the sales floor space, are also products with the highest rotation in hypermarkets. This format is usually located in cities with between 10,000 and 50,000 inhabitants as well as in areas where it's not possible to locate a traditional-sized Chedraui store. Its main competitors in the sector are:

Convenience self-service format with a sales floor area of between 100 and 500 square meters that is aimed to provide agile and fast purchases to the consumer through a mini-supermarket scheme in the neighborhood where the stores are located. It handles a moderate assortment of groceries, perishables and household items. They are commonly located in large and medium-sized cities, which have areas of high population density, such as popular neighborhoods. They are also located in smaller commercial plazas (express plazas). Its main competitors in the sector are:

First store created by the group that is still preserved today, located in the municipality of Xalapa, Veracruz (its headquarters city). Their marketing was initially based on fabrics and clothing, now in actuality they also handle products from their other formats.

Premium Formats (México)

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Grupo Comercial Chedraui

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  • Selecto Chedraui:

They are the chain's premium hypermarkets located in high-income areas with high-net-worth customers. This format is responsible for offering, in addition to what Chedraui regularly offers, high-value products such as wines and liquors, gourmet breads and pastries, exotic meats and gourmet foods, in addition to having restaurants and food stalls that offer the consumer dishes both national as well as international. Unlike Chedraui's traditional format, this store concept is aimed at cities with more than 300,000 inhabitants, which have areas with high-income populations. In the premium hypermarket sector its main competitors nationwide are:

They are premium supermarkets of the chain located in areas with medium and high incomes, which have clients with high purchasing power. This format is responsible for offering, in addition to what the Super Chedraui format offers, high-value products such as wines and liquors, gourmet breads and cakes, exotic meats and gourmet foods, in addition to having restaurants and food stalls that offer consumers both national and international dishes. Unlike the Super Chedraui format, this store concept is aimed at cities with more than 300,000 inhabitants, which have areas with a medium and high-income population. In the premium supermarket sector its main competitors nationwide are:

  • Fresko La Comer and City Market, by La Comer
  • Some Soriana Súper stores located in wealthy areas, called Soriana Súper Plus, from Soriana
  • Fresh Market by Al Súper, from Grupo Futurama
  • Súper Ley Express Fresh and Fresh Market Ley, from Casa Ley
  • Selecto Supercito:

They are the premium convenience stores of the chain located in areas with medium and high incomes, which have clients with high purchasing power. This store format is a fusion between the Supercito format with the Selecto brand, which offers consumers groceries, perishables, gourmet bakery and pastries, exotic meats, high-value wines and liquors and gourmet products, among others, in addition to have a cafeteria. This store concept is aimed mainly at cities where the vertical growth they experience is taking place. In the premium convenience store profile, its main competitors are:

  • Sumesa, Fresko and City Market, from La Comer (partially)
  • Some Soriana Super located in wealthy areas of Soriana
  • Fresh Market by Al Súper, from Grupo Futurama (partially)
  • Fresh Market Ley, from Casa Ley (partially)

Acquired Formats (México)

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Smart & Final México: In 2021, Chedraui acquired the Smart & Final wholesale stores from Bodega Latina, which in Mexico are currently operated under a joint venture with Calimax, which currently have a presence in the States of Baja California (Mexicali, Tijuana, Ensenada, Rosarito and Tecate) and Sonora (San Luis Río Colorado). Its store concept is wholesale price clubs with an area of between 1,000 and 2,000 sq m of sales floor which handle products with a wholesale and half-wholesale sales scheme, such as groceries, perishables and frozen foods, which are presented through multi-packaging or in large capacities. Unlike its competitors in Mexico, this concept does not require membership upon entry and/or at the time of purchase. As a price club, its competitors at the national level are:

Arteli

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This chain of self-service stores of origin in Tamaulipas was originally founded on November 15, 1978 by businessman Arturo Elizondo in Tampico, Tamaulipas (its first store is Arteli Hidalgo in Tampico). It was announced on December 14, 2022 that Grupo Comercial Chedraui acquired the 36 Arteli stores located in the states of Tamaulipas, Veracruz, San Luis Potosí and Hidalgo plus a CEDIS located in Tampico (its headquarters city) and a bread, tortilla and meat processing plant.

  • Arteli:

This store concept has a sales floor area of 2,500 to 4,000 sq m, whose supermarket format handles departments such as groceries, bakery, pastries, tortillas, fruits and vegetables, delicatessen, cheeses, meats, fish and seafood, prepared food, salad bar and wines and spirits. In the supermarket sector, Arteli competes mainly with similar formats, such as:

Before its integration, it also competed with Súper Chedraui and Selecto Súper Chedraui.

  • Arteli Más:

Concept that provides, in addition to what its main format offers, departments and services such as pharmacy, appliances, electronics, seasonal items, minor goods and household items among others, in addition to managing a wide assortment of groceries, perishables and prepared food with a sales area of between 2,500 and 5,000 sq m. In the supermarket plus sector, Arteli Más competes mainly with similar formats, such as:

Before its integration, it also competed with Chedraui and Selecto Chedraui.

  • Arteli Express:

Format conceptualized as a convenience store with a sales floor area of between 300 and 1,000 sq m, which are usually located in areas of high population density. Basically it is a mini-super focused on basic consumption, which is why it manages a very moderate assortment of edible and non-edible groceries, meat, fruits and vegetables, dairy and frozen foods, cold drinks, pet food, cleaning supplies, and household items, and in some stores, beers, wines and spirits. In the convenience store sector, Arteli Express competes mainly with similar formats, such as:

Before its integration, it competed with Supercito.

  • AKÁ Súperbodega:

Format available under the concept of self-service warehouse type with a sales area of 1,000 to 2,000 sq m, aimed at cities with 10,000 to 90,000 inhabitants or in popular neighborhoods of large and medium cities. Its business model consists of a warehouse that offers the consumer mainly essential products through departments such as groceries, perishables and household items, with the main objective of offering the best price to the community or area where it is located. In the warehouse supermarket sector, AKÁ Súperbodega competes mainly with similar formats, such as:

Before its integration, it competed with Chedraui, Súper Chedraui and Súper Che

Foreign formats (United States of America)

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Chedraui USA (formerly Bodega Latina Corporation)

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An El Súper supermarket in Oxnard, California
  • El Súper: As part of an international expansion, Chedraui maintains a presence in the United States under the format and trade name of El Súper since the opening of its first branch in 1997 in South Gate, California. This small-format supermarket format is aimed at the Spanish-speaking community residing in the United States and with it, products and merchandise of groceries, perishables, butchery, among others, are sold, in addition to supplying and marketing more Mexican products in the United States of America. On May 27, 2008, after the purchasing of Tiendas Gigante by part by Soriana, the Mexican supermarket stores Soriana sold the 7 Gigante stores in the United States of America (known as Gigante USA) to Chedraui, which all the Gigante USA stores located in the State from California, in the United States of America were converted to El Súper. Currently, this store format has a presence in California, Nevada, Arizona, New Mexico and Texas.
  • Smart & Final: For an amount of 620 million dollars, Chedraui acquires the Smart & Final stores from the subsidiary Bodega Latina and the private equity firm Apollo Global Management Inc, whose format was founded in 1871 under the original name of Hellman, Haas. in the City of Los Angeles, California, which focuses on wholesale and semi-wholesale sales through groceries, perishables, general merchandise and clothing, among others. Currently, in the United States of America, it operates 254 branches in the States of Nevada, Arizona and California.
  • Fiesta Mart: In April 2018, Grupo Chedraui acquired the Fiesta Mart self-service stores, which was originally founded in 1972 in the city of Houston, Texas. They are Latin American supermarkets aimed mainly at the Spanish-speaking community of the United States of America, which is responsible for providing the consumer with departments such as groceries, fruits and vegetables, fish and seafood, meats, deli, cheeses, dairy products, frozen foods, bakeries, tortillas, Hispanic products (sauces, sweets, drinks and household items of this nature), international products, flowers, clothing and accessories. Currently, in the United States of America, it has a presence in Texas cities such as Austin, Dallas, Fort Worth and Houston.

See also

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References

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Revisions and contributorsEdit on WikipediaRead on Wikipedia
from Grokipedia
Grupo Comercial Chedraui S.A.B. de C.V. is a multinational retail specializing in self-service grocery and department stores, operating more than 1,000 locations across and the as of September 2025. The company, publicly traded on the Mexican Stock Exchange under the ticker CHDRAUIB, focuses on providing , general merchandise, , and household goods through various store formats, while also managing assets including centers. Headquartered in , it serves as one of Mexico's largest retailers and a significant player in the U.S. market. The origins of Grupo Comercial Chedraui trace back to , when Lebanese immigrant Lázaro Chedraui Chaya and his wife, Anita Caram de Chedraui, established a small fabric and general goods store in , . The business evolved into a retail chain, with the company formally incorporated as Grupo Comercial Chedraui S.A.B. de C.V. on April 23, 1987. Over the decades, it expanded through and acquisitions, entering the U.S. market in 1997 via the purchase of Bodega Latina Corporation, which operates under the "El Super" banner. By the early 2000s, Chedraui had solidified its position as a key retailer in eastern before broadening nationwide. In , where the company operates in 25 states, Chedraui manages a diverse portfolio of store formats tailored to different segments and regions. As of September 2025, it runs 214 Tienda Chedraui supermarkets (including 31 in the upscale Selecto format), 83 Chedraui hypermarkets (with 13 Selecto), 8 Che stores, 277 Supercito convenience outlets, and 36 Tiendas Arteli specialty fabric shops, totaling over 600 locations. These formats emphasize affordable groceries, fresh produce, and everyday essentials, with a strong focus on proximity retail through the Supercito and Chedraui small-format stores. The company's division supports operations by developing and leasing commercial properties. In the United States, Chedraui primarily targets consumers through its subsidiary Chedraui USA, based in , . As of mid-2025, it operates 384 stores across five states—, , , , and —under banners including 70 El Super supermarkets, 60 stores, and 254 cash-and-carry outlets (the latter via majority ownership). These locations offer ethnic foods, fresh meats, and value-driven pricing, positioning Chedraui as the fourth-largest grocery retailer in with annual sales exceeding $8 billion. Grupo Comercial Chedraui has pursued aggressive expansion, opening 84 stores in and 6 in the U.S. in 2024 to reach 541 locations in (and 384 in the United States) by year-end, followed by plans for over 100 new openings in 2025, including 77 in and 1 in the U.S. through the third quarter, with 32 in during that quarter alone. This growth culminated in the milestone of its 1,000th store opening in Q3 2025, reflecting a strategic emphasis on organic development and . With trailing 12-month of $15.1 billion as of September 2025, the company continues to invest in enhancements, such as a $120 million in the U.S., to support its cross-border operations.

Overview

Founding and corporate identity

Grupo Comercial Chedraui traces its origins to 1920, when Lebanese immigrants Lázaro Chedraui Chaya and his wife, Anita Caram de Chedraui, established a small store named El Puerto de Beyrouth in , , . The business initially operated as a haberdashery, specializing in textiles and basic groceries to serve the local community in the eastern region of the country. Over the decades, the enterprise evolved from this modest retail outlet into a prominent chain, expanding its offerings while maintaining a focus on textiles and everyday consumer goods. By the mid-20th century, it had rebranded to Casa Chedraui and later Almacenes Chedraui, incorporating elements that marked a shift toward modern retailing practices. This transformation laid the groundwork for broader operations, transitioning from family-run stores to structured commercial entities. Today, the company operates under the legal name Grupo Comercial Chedraui, S.A.B. de C.V., a publicly traded entity listed on the Mexican Stock Exchange. Headquartered in , it functions as a multinational retailer with a core emphasis on grocery and department store operations, encompassing hypermarkets, supermarkets, and discount formats across and the .

Market position and scale

Chedraui holds a prominent position as one of 's top three chains by sales, trailing de México and competing closely with in the highly consolidated retail market. As of the third quarter of 2025, the company operates 1,002 stores in total, with 618 locations in spanning 25 states and 384 stores in the United States across five states: , , , , and . This scale underscores Chedraui's significant footprint in the North American grocery sector, where it leverages a mix of hypermarkets, , and smaller formats to capture . The retailer focuses on middle- and low-income consumers, providing affordable groceries, fresh produce, and private-label products that emphasize value and in everyday . Its strategy prioritizes low prices and broad assortment to appeal to price-sensitive households, particularly in urban and semi-urban areas. For 2025, Chedraui has outlined an aggressive expansion plan to open 144 new stores, including 140 in (comprising 5 Chedraui, 5 Super Chedraui, and 130 Supercito formats) and 4 in the United States, aiming to further solidify its operational scale and regional presence.

History

Origins and early expansion

The origins of Grupo Comercial Chedraui trace back to 1920, when Lebanese immigrants Lázaro Chedraui Chaya and his wife, Anita Caram de Chedraui, arrived in and established their first business in , . Initially operating as a haberdashery named El Puerto de Beyrouth, the store specialized in men's clothing, fabrics, sewing supplies, and , reflecting the family's entrepreneurial spirit amid the wave of Lebanese migration to during the early . In the and , the Chedraui family expanded regionally, opening additional stores in other cities within and extending to , with a focus on wholesale and retail operations in textiles and . This growth was driven by family members, including the founders' children, who managed independent branches while maintaining close ties to the original location. By 1945, the flagship store was renamed Casa Chedraui: La Única de Confianza, symbolizing the family's emphasis on reliability and customer trust, and the business employed a small team that grew from six to 15 collaborators by 1957. The post-World War II era brought economic challenges in , including import restrictions and shifting consumer patterns under import-substitution policies, which limited rapid expansion for family-run retailers like Chedraui. Nevertheless, in the , succession planning advanced under the leadership of the founders' son, Antonio Chedraui Caram, who rebranded the operations as Almacenes Chedraui and grew the workforce to 80 employees, concentrating on regional distribution. A pivotal shift occurred in 1970 with the opening of the first , Super Chedraui, S.A. de C.V., in , employing 70 collaborators and marking the transition from traditional counter-service to a modern retail model. This innovation marked Chedraui's evolution from a family haberdashery to a regional grocery pioneer, navigating economic hurdles through adaptive family management.

National growth in Mexico

In the 1970s and 1980s, Chedraui shifted toward larger formats to fuel national expansion, opening its first Super Chedraui hypermarket in Xalapa, Veracruz, in 1970, which marked a departure from smaller neighborhood stores and quickly led to additional locations in eastern Mexico, including Veracruz and Coatzacoalcos. By the mid-1980s, the company had consolidated six stores into Tiendas Chedraui, S.A. de C.V., and reached 14 outlets by 1989, primarily in the southeastern region, while adopting centralized purchasing to streamline operations and reduce costs across its growing network. This period solidified Chedraui's dominance in Veracruz and the Gulf states, where it operated over 20 stores by the late 1980s, leveraging owned properties for about 90% of its locations to support stable expansion. During the 1990s, Chedraui ventured into central , including and initial forays toward , growing its store count to 36 by 1999 through a focus on development and the addition of elements such as and sections to broaden appeal. The company introduced private-label brands in the late 1990s to enhance value offerings, alongside a strategic emphasis on fresh foods like in-house and deli items, which differentiated it from competitors by prioritizing quality perishables and regional preferences. Centralized purchasing expanded during this decade, supporting efficient across 10 states, mostly in the east and southeast, and enabling competitive pricing on a wider assortment of goods. In the early 2000s, Chedraui accelerated growth amid intense competition, acquiring 29 stores from in 2005 to establish a foothold in the metropolitan area for the first time on a significant scale, despite rival bids that heightened market pressures. This move boosted the total store count from 53 in 2004 to 69 in 2005, with subsequent openings leading to over 140 outlets by 2009 across more than 20 states, including 109 hypermarkets and 33 Super Chedraui supermarkets concentrated in core markets like and the Gulf states. By emphasizing fresh foods and private labels—which accounted for 3.7% of sales in 2009—Chedraui recovered from competitive challenges, achieving steady same-store sales growth and regional dominance in central areas like , where it operated nine stores.

International expansion and acquisitions

Chedraui's international expansion began with the establishment of its U.S. subsidiary, Bodega Latina Corporation, in 1997, which opened the first El Super store in , targeting the Hispanic market with affordable groceries, fresh produce, and Latin American products. This marked the company's initial foray into the , focusing on underserved Latino communities in and , where it grew to operate over 50 stores under the El Super brand by the early . A significant milestone came in 2018 when Bodega Latina acquired , a Texas-based chain with 63 stores specializing in groceries, for approximately $300 million, thereby extending Chedraui's footprint into the and markets and creating one of the largest -focused retailers in the U.S. with combined annual sales exceeding $3 billion. In 2021, the subsidiary further expanded by purchasing Holdings for $620 million, adding 254 warehouse-style stores across , , and , which complemented the existing formats by offering bulk purchasing options to a broader customer base. To unify its U.S. operations, Bodega Latina rebranded as Chedraui USA in late 2021, consolidating oversight of the El Super, Fiesta Mart, and Smart & Final banners under a single entity headquartered in . By 2023, Chedraui USA advanced integration efforts for the stores, including plans to remodel 40 locations, open five new supermarkets, and develop a 1.4 million square-foot in to streamline supply chains and support growth. The expansion presented challenges, particularly in adapting to U.S. cultural preferences and for stores emphasizing fresh produce, meats, and authentic Latin American items tailored to consumers, who represent the fastest-growing demographic in the country. Early efforts required adjustments to sourcing perishable goods and navigating competitive pressures in ethnic retail segments, though these initiatives have positioned Chedraui USA as the fourth-largest grocery retailer in .

Recent developments and IPO

In 2010, Grupo Comercial Chedraui conducted its (IPO) on the Bolsa Mexicana de Valores (BMV), pricing shares at 34 Mexican pesos and raising approximately $373 million to fund expansion initiatives. The company listed under the stock symbol CHDRAUIB, marking its entry as a publicly traded entity and enabling further growth in its retail operations. During the , Chedraui significantly expanded its footprint in , growing from 142 stores in 2010 to 306 stores by the end of across various formats including Tiendas Chedraui and Supercito. This expansion more than doubled the store count and was supported by digital initiatives, such as the development of its platform to enhance customer accessibility. In the 2020s, Chedraui adapted to the by accelerating its online sales, which tripled in 2020 compared to 2019 and represented 3.6% of sales that year. The company rebranded its U.S. operations from Bodega Latina to Chedraui USA in late 2021, unifying its American banners including El Super, , and under a single . Aggressive expansion continued, with 84 new stores opened in and 6 in the U.S. in 2024, followed by over 100 openings in 2025. This growth included 32 new stores in during the third quarter of 2025 alone, culminating in the opening of the company's 1,000th store that quarter, a major reflecting strategic organic development. By the third quarter of 2025, Chedraui reported consolidated growth of 13.3% year-over-year to MXN 1,646 million, reflecting resilient amid economic challenges. Additionally, the company's 2023 integrated annual report highlighted sustainability efforts, including strategies to reduce virgin plastic use through sustainable sourcing and initiatives for energy efficiency across its stores.

Retail Operations

Store formats in Mexico

Chedraui operates several distinct store formats in , each designed to serve different customer segments and shopping needs through tailored product assortments and store sizes. These formats include traditional , hypermarket-style outlets, premium boutiques, stores, small , and specialty shops, allowing the company to address a wide range of urban and suburban markets. As of September 2025, the company manages 618 stores across these formats in (up from 460 in 2023), with expansions emphasizing smaller proximity stores to enhance accessibility. Tiendas Chedraui represent the company's flagship format, functioning as large stores that provide a comprehensive experience for everyday needs. These mid-sized outlets, averaging 6,500 square meters (approximately 70,000 square feet), target the general in cities with populations of 100,000 or more, particularly families seeking value-driven purchases. The assortment includes around 73,500 stock-keeping units (SKUs), encompassing groceries, fresh perishables, , , apparel, and general merchandise, with an emphasis on regional preferences to appeal to broad consumer bases. As of September 2025, there are 214 Tiendas Chedraui locations (including 31 in the upscale Selecto format). Super Chedraui stores offer a more compact hypermarket-style option, positioned as membership-club alternatives without fees, ideal for bulk and high-volume shopping. With an average size of about 2,100 square meters (22,900 square feet), they cater to middle-income families and shoppers in urban areas with populations of 25,000 or larger, focusing on efficient access to staples in denser settings. Product offerings total roughly 30,100 SKUs, primarily groceries, perishables, household items, , and services, emphasizing affordability and variety for frequent, larger purchases. As of September 2025, there are 83 Super Chedraui stores (including 13 in the upscale Selecto format), following expansions including two new openings in 2023, three in 2024, and additional units through 2025. Selecto Chedraui constitutes the premium segment of Chedraui's portfolio, delivering an upscale shopping environment for higher-income consumers in affluent urban neighborhoods. These stores, averaging around 1,100 square meters (12,000 square feet), feature curated selections of high-quality groceries, imported goods, gourmet bakery items, deli sections, and specialty products to meet discerning tastes. Targeted at upper socioeconomic groups (A+ segments), the format prioritizes quality over quantity, with enhanced private labels and international brands to foster loyalty among premium shoppers. Selecto is primarily integrated into other formats, with 31 locations in Tiendas Chedraui and 13 in Super Chedraui as of September 2025. Supercito marks Chedraui's entry into the small-format sector, providing quick-access solutions for daily essentials in high-density areas. These proximity stores, typically 270 square meters (2,900 square feet) in size, serve urban residents and convenience-oriented customers needing rapid trips for perishables and staples, stocking about 2,700 SKUs focused on , basics, and impulse items. Positioned to compete with traditional convenience chains, the format targets underserved urban pockets while expanding into varied locales. As of September 2025, there are 277 Supercito stores, following 49 additions in 2023, 76 in 2024, and further expansions including over 100 in 2025. Súper Che operates as a small-format chain, targeting local communities with essential groceries and household items in compact settings. These stores, typically under 1,000 square meters, focus on affordability and convenience in mid-sized towns. As of September 2025, there are 8 Súper Che stores. Tiendas Arteli specializes in fabrics and textiles, offering a range of materials for , home decor, and crafts through dedicated retail outlets. This format caters to niche customers seeking quality textiles and related products. As of September 2025, there are 36 Tiendas Arteli stores.

Store formats in the United States

Chedraui USA, the American subsidiary of Mexican retailer Grupo Comercial Chedraui, operates three primary store formats in the United States, each tailored to serve consumers with a focus on value, fresh perishables, and cultural specialties. These formats emerged from strategic acquisitions and emphasize affordability and convenience in states with large Latino populations, including , , , , and . El Super represents Chedraui USA's core discount format, designed for low- and middle-income communities with an emphasis on everyday essentials and Latin American products. Stores typically span 25,000 to 30,000 square feet and feature expansive fresh sections, in-house departments with custom cuts, and dedicated aisles for staples like tortillas, spices, and imported goods. This format prioritizes low prices and family-oriented shopping, with 70 locations primarily in , , , and as of September 2025. Smart & Final operates as a club-style retailer under Chedraui USA, offering bulk non-perishables, groceries, and household items without requiring membership fees, appealing to both household and customers seeking value. The standard format averages around 28,000 square feet, while the larger Smart & Final Extra! variant exceeds 30,000 square feet and includes enhanced fresh produce, bakery, and floral offerings to broaden appeal. Acquired in 2021 for approximately $620 million, it now comprises 254 stores concentrated in , , and , with club-card programs providing additional savings on bulk purchases. Fiesta Mart functions as a regional chain focused on the Southwest, particularly , delivering a mix of international foods, fresh items, and floral services to diverse shoppers. With an average store size of about 35,000 square feet, these locations highlight cultural authenticity through extensive selections of Mexican and Latin ingredients, prepared foods, and value-driven promotions. Integrated into Chedraui following its acquisition, Fiesta Mart maintains 60 stores in key markets like , , and Austin, strengthening the company's presence in the region's ethnic grocery segment.

Geographic distribution and store count

Chedraui maintains a robust presence in , operating 618 stores across 25 states as of September 2025. The company's footprint is concentrated in central and southern regions, with the highest density in —its founding state and headquarters location in —accounting for approximately 20% of stores, followed by the metropolitan area at around 15%, and the broader Gulf region. This distribution reflects a strategic mix of urban hypermarkets and supermarkets in major cities alongside rural-oriented formats like Supercito in smaller towns to serve diverse demographics. In the United States, Chedraui operates 384 stores spanning more than 70 cities in five states: , , , , and . California hosts the majority, with about 60% of U.S. stores focused on high-density communities such as ; Arizona and Nevada together represent roughly 20%, while Texas and New Mexico account for the remaining 20%, including key markets like . This targeted expansion prioritizes areas with significant populations to align with the company's core customer base. As of September 2025, Chedraui's total store count stands at 1,002, with 618 in (an increase from 541 at the end of 2024) and 384 in the U.S., reflecting an annual rate of 10-15% driven primarily by new store openings in underserved areas, including 32 in during the third quarter of 2025. The company's logistics infrastructure includes 15 distribution centers across to support efficient supply chains, complemented by a new $120 million facility in , opened in 2025 to enhance cross-border operations and inventory management for U.S. stores.

Corporate Affairs

Financial performance

In the third quarter of 2025, Grupo Comercial Chedraui reported consolidated sales of MXN 71,768 million, reflecting a -0.2% year-over-year change, with operations in accounting for approximately 48% of total revenue (MXN 34,162 million) and the contributing the remaining 52% (MXN 37,606 million). This performance was driven by 5.2% growth in the Mexican market due to new store openings and higher same-store sales, while U.S. operations declined 4.6% amid competitive pressures and currency fluctuations. Profitability metrics demonstrated resilience, with operating income reaching MXN 3,745 million, supported by cost efficiencies and higher gross margins. The EBITDA margin stood at 8.5%, reflecting effective operational management (+28 basis points YoY), while climbed 13.3% to MXN 1,646 million, bolstered by reduced financial expenses and favorable impacts. These results underscore the company's ability to navigate macroeconomic challenges, including and currency fluctuations, while prioritizing margin expansion. Key performance ratios highlighted regional disparities, with same-store sales in growing 2.8%, outperforming the ANTAD index by 183 basis points and indicating strong gains in core categories like fresh foods and private labels. In contrast, U.S. same-store sales declined 1.9% (in USD), influenced by immigration-related demographic shifts affecting customer traffic in key markets. Regarding debt and investment, total assets reached MXN 155,621 million as of September 2025, providing a solid foundation for ongoing expansion, with capital expenditures totaling MXN 5,860 million for the first nine months of 2025 (full-year projections around MXN 10,000 million) allocated primarily to new store openings and supply chain enhancements. The company maintained a conservative balance sheet, and following its 2010 initial public offering, it offered a dividend yield of approximately 1.6% to shareholders as of November 2025, reflecting commitment to returning value amid sustained growth.

Leadership and ownership

Grupo Comercial Chedraui's leadership is led by José Antonio Chedraui Eguía as , a descendant of the founding family who has held the position since 1994 and emphasizes strategic growth and operational efficiency. The company's is Leonardo Aquiles Figueroa Hirolito, responsible for administrative and financial oversight. Chedraui's executive team includes specialized roles in and , with Pilar Rojas Suárez serving as since 2013 to drive IT innovations and Ignacio González Quirasco as Director of and since 2014 to oversee ESG initiatives. In 2024, Chedraui faced labor disputes, including a strike by warehouse workers alleging retaliation, highlighting ongoing efforts in and oversight. The consists of 11 members, with approximately 70% classified as independent to ensure balanced oversight, and it is chaired by Alfredo Chedraui Obeso, a co-founder and family member focused on long-term value creation. Key independent directors include Clemente Ismael Reyes-Retana Valdés, who chairs the , and Kuribreña, serving on compensation and nominating committees. Ownership is predominantly held by the Chedraui family, which controls about 70% of the shares through Class A voting , maintaining strategic influence via a dual-class structure that grants enhanced voting rights to these shares. Institutional investors account for roughly 7.5% of ownership, with major holders including at approximately 2% and at 1.1%. The remaining represents about 22.5% following the company's . Chedraui's governance practices include the use of dual-class shares to preserve family control while promoting transparency through annual aligned with GRI and SASB standards, with dedicated ESG disclosures beginning in 2023 to address and ethical operations. The board oversees policies on , anti-corruption, and environmental impact, supported by a Committee established in 2023.

References

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