Grupo Famsa, S.A.B. de C.V.
64000 Monterrey, Mexico Phone: +52-81-8389-9000
Fax: +52-81-8389-3445
http://www.grupofamsa.com
Overview
Sleep easy tonight knowing that Grupo Famsa is not a knockoff of Latin boy band Menudo. The retail chain has about 420 stores located in more than 75 cites throughout Mexico. Famsa has also made inroads in the US (25% of sales), with about three dozen locations in predominantly Hispanic markets in Arizona, California, Illinois, Nevada, and Texas. Its credit and financing options entice hordes of customers that otherwise might not be able to buy the company's home electronics, appliances, furniture, clothing, or cell phones. Famsa also provides travel agency and auto financing services and launched Banco Ahorro Famsa, a commercial bank, in 2007. The company was founded in Monterrey, Mexico, in 1970.
Sample OverviewKey Numbers from Hoover's UK
Key financials for Grupo Famsa, S.A.B. de C.V.
| Company Type | Public (Mexican: GFAMSA) |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | £782.2 |
| 1-Year Sales Growth | 5.6% |
| 2010 Net Income (mil.) | £37.0 |
| 1-Year Net Income Growth | 649.0% |
| 2010 Employees | 17,595 |
Key People from Hoover's UK
Key people and executives for Grupo Famsa, S.A.B. de C.V.
| Chairman | Humberto Garza Gonzales (Subscribers see complete biographies -- view sample)
|
|---|---|
| CEO | Humberto Garza Váldez |
| COO and Director | Luis Gerardo Villarreal Rosales |
Top Competitors from Hoover's UK
Top competitors of Grupo Famsa, S.A.B. de C.V.
- Sanborns
- Sears Roebuck de México
- Wal-Mart de México
Industry Information from Hoover's UK
First Research Industry Profiles Extensive Industry Intelligence
Hoover's Industries
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Retail
- Department Stores(primary)
