The largest retail chains in Mexico are also some of the largest retailers in the world, according to the Global Powers of Retailing, an international revenue ranking list compiled by Deloitte Touche Tohmatsu each year. It’s not surprising considering the Mexican economy is the 15th largest in the world as of January 2017 and will be poised to jump to 12th place, according to the CIA Factbook’s 2017 estimates.
The Mexican Retail Industry
Overall, the Mexican retail industry has fared well compared to its global competitors. Looking at a comparison between the 2013 and 2016 rankings of the largest retail chains in Mexico, almost every company on the list has improved its position. Positions are determined by comparing annual revenue figures for all types of retail chains from all countries.
About two-thirds of retail sales in Mexico take place inside grocery stores and supermarket chains, so it’s not surprising that most of Mexico’s largest retail chains are hypermarkets and convenience stores that sell food.
FEMSA was the Mexican retail chain with the biggest rise in the global retail rankings in Deloitte’s report between 2013 and 2016, rising from 156th to 100th place in 2013 and 2016 respectively. Founded in 1977, FEMSA operates under the OXXO brand name, with locations all across Latin America.
Here’s a list of the largest Mexican retail chains, according to the Global Powers of Retailing 2016 Report. The list is arranged according to the ranking number assigned to each Mexican retailer, along with its previous ranking three years earlier. Each company’s retail revenue is also listed for each year.
Mexico’s Largest Retail Companies According to Annual Revenue
FEMSA Comercio, S.A. de C.V.:
- 2016 Global Ranking: #100 — Retail Revenue: $9.7 billion2013 Global Ranking: #156 — Retail Revenue: $6 billionDominant Operational Format: Convenience/Forecourt Store
Organizacion Soriana S.A. de C.V.:
- 2016 Global Ranking: #120 — Retail Revenue: $8 billion2013 Global Ranking : #131 — Retail Revenue: $7.9 billionDominant Operational Format: Hypermarket/Supercenter/Superstore
Coppel SA de C.V.:
- 2016 Global Ranking: #169 — Retail Revenue: $5.6 billion2013 Global Ranking: #217— Retail Revenue: $4.2 billionDominant Operational Format: Department Store
El Puerto de Liverpool, SAB de C.V.:
- 2016 Global Ranking: #196 — Retail Revenue: $4.7 billion2013 Global Ranking: #215 — Retail Revenue: $4.2 billionDominant Operational Format: Department Store
Grupo Comercial Chedraui, S.A. de C.V.:
- 2016 Global Ranking: #199 — Retail Revenue: $4.7 billion2013 Global Ranking: #196 — Retail Revenue: $4.6 billionDominant Operational Format: Hypermarket/Supercenter/Superstore
Controladora Comercial Mexicana S.A. de C.V.:
- 2016 Global Ranking: N/A2013 Global ranking: #191 — Retail Revenue: $4.7 billionDominant Operational Format: Hypermarket/Supercenter/Superstore
