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Supermercados Gigante: Wikis

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Gigante, S.A. de C.V.
Former type Subsidiary of Grupo Gigante
Fate Purchased by Organización Soriana
Founded 1962
Mexico City, Mexico
Founder(s) Angel Lozada Ramirez
Defunct 2008
Headquarters Mexico City, Mexico, Mexico
Number of locations 199 (2008)
Area served Mexico
Key people Angel Lozada (CEO, 2008)
Industry Retail
Services Grocery, bakery, clothing, footwear, home supplies, office supplies, hygiene and personal products, appliances, electronics, music, car supplies, pharmacy and toys.
Owner(s) Organización Soriana
Website www.gigante.com.mx

Supermercados Gigante was a large supermarket chain in Mexico. The chain expanded north of the border as well, as it also had locations in predominantly working-class Mexican-American communities of the United States.

The supermarket chain was owned by parent company Group Gigante, which also operates the restaurant chain Toks, and US retail chains such as RadioShack and Office Depot in Mexico.

Supermercados Gigante competed with several other chains, such as Soriana, Comercial Mexicana, Chedraui, Wal-Mart H-E-B, Falabella, Cencosud and D&S. It was not uncommon to see Wal-Mart receipts around the store touting the fact that said items are cheaper at Supermercados Gigante.

Contents

Supermercados Gigante in pop culture

The chain appeared on the Ahí Viene Verónica film, and on miscellaneous TV Azteca shows.

Store closures

On February 28, 2006 Gigante closed some stores in Mexico (1 in Torreon, 7 in Monterrey, 1 in Matamoros, 2 in San Luis Potosi and 1 in Puebla).

Sale of Gigante

As of Dec. 6, 2007 Supermercados Gigante was acquired by Organizacion Soriana for US$1.35 billion. The supermarket and hypermarket retail formats of Supermercados Gigante, including its seven US stores, will disappear and the stores will adopt the Soriana Brand. Grupo Gigante will remain in business as a company separate from Soriana, operating Mexican Radio Shack and Office Depot locations, as well as the Toks restaurant chain.

External links

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