Grupo Gigante
Encyclopedia
Grupo Gigante is a holding
Holding company
A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...

 listed at Mexican Stock Exchange founded in 1962, enterpises includes: Office Depot
Office Depot
Office Depot is a supplier of office products and provides many services. The company's selection of brand name office supplies includes business machines, computers, computer software and office furniture, while its business services encompass copying, printing, document reproduction, shipping,...

, The Home Store, SuperPrecio and Toks, hypermarkets and supermarket are sold in 2008 to Soriana
Soriana
Organización Soriana is a Mexican public company and Mexico's largest retailer. Soriana is a grocery and department store retail chain headquartered in Monterrey, Nuevo León, Mexico. The company is 100% capitalized in Mexico and is publicly traded on the Mexican stock exchange the Bolsa Mexicana...

. Until december
December
December is the 12th and last month of the year in the Julian and Gregorian Calendars and one of seven months with the length of 31 days.December starts on the same day as September every year and ends on the same day as April every year.-Etymology:...

 2008, used to work with a joint venture
Joint venture
A joint venture is a business agreement in which parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and consequently share revenues, expenses and assets...

 with RadioShack
RadioShack
RadioShack Corporation   is an American franchise of electronics retail stores in the United States, as well as parts of Europe, South America and Africa. As of 2008, RadioShack reported net sales and operating revenues of $4.81 billion. The headquarters of RadioShack is located in Downtown...

.

History

  • 1923: Comes from Spain
    Spain
    Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...

     to port of Veracruz, Ángel Losada Gómez; a 15-year-old who wanted to succeed in the business world.
  • 1940: Angel Losada Gomez founded "La Comercial" in Apan, Hidalgo in the state, foundations of the current Giant. Currently, the store has Apan stay in the market under the name of “La Moderna”.
  • 1962: Birth of the first store “Gigante” in Mixcoac, with 64 departments, 250 employees and 65 office store. Giant Mixcoac was placed as a convenience store Latin America's largest and second on the continent with 32000 square feet (2,972.9 m²) of total area.
  • 1971: The company diversified its activities by opening its first coffee family in Mexico City under the trade name of "Toks".
  • 1971: The company diversified its activities by opening its first coffee family in Mexico City under the trade name of "Toks".
  • 1977: In this year, Gigante can operate 12 stores.
  • 1979: Gigante takes an important step, expanding into the Republic, being the first city Guadalajara province that was hit by Gigante commercial, with 8 stores. The Gigante slogan dates from this year.
  • 1980: Gigante is added in Guadalajara, buying the supermarket Maxi. Between 1980 and 1990, it opened 9 stores in the cities of Querétaro
    Querétaro
    Querétaro officially Estado Libre y Soberano de Querétaro de Arteaga is one of the 31 states which, with the Federal District, comprise the 32 Federal Entities of Mexico. It is divided into 18 municipalities and its capital city is Santiago de Querétaro....

    , Celaya
    Celaya
    Celaya is a city and its surrounding municipality in the state of Guanajuato, Mexico, located in the southeast quadrant of the state. It is the third most populous city in the state, with a 2005 census population of 310,413. The municipality for which the city serves as municipal seat, had a...

    , Acapulco
    Acapulco
    Acapulco is a city, municipality and major sea port in the state of Guerrero on the Pacific coast of Mexico, southwest from Mexico City. Acapulco is located on a deep, semi-circular bay and has been a port since the early colonial period of Mexico’s history...

    , Puebla
    Puebla
    Puebla officially Estado Libre y Soberano de Puebla is one of the 31 states which, with the Federal District, comprise the 32 Federal Entities of Mexico. It is divided in 217 municipalities and its capital city is Puebla....

    , Salamanca
    Salamanca
    Salamanca is a city in western Spain, in the community of Castile and León. Because it is known for its beautiful buildings and urban environment, the Old City was declared a UNESCO World Heritage Site in 1988. It is the most important university city in Spain and is known for its contributions to...

     and Morelia
    Morelia
    Morelia is a city and municipality in the north central part of the state of Michoacán in central Mexico. The city is in the Guayangareo Valley and is the capital of the state. The main pre-Hispanic cultures here were the P'urhépecha and the Matlatzinca, but no major cities were founded in the...

    . For the late 80's already had 32 stores in operation in four different cities.
  • 1981: Launches Gigante products Selección Gigante (own trademark).
  • 1982: This year the company opened its first specialty restaurant. It now operates four specialty restaurants Mexican, Italian and Spanish: "El Campanario", "Tutto Bene", "La Viña del Quijote" and "Casa Rodrigo."
  • 1988: Gigante expands to Monterrey, Saltillo
    Saltillo
    Saltillo is the capital city of the northeastern Mexican state of Coahuila and the municipal seat of the municipality of the same name. The city is located about 400 km south of the U.S. state of Texas, and 90 km west of Monterrey, Nuevo León....

    , Torreon
    Torreón
    Torreón is a city and seat of the surrounding municipality of the same name in the Mexican state of Coahuila. As of 2010, the city's population was 608,836 with 639,629 in the municipality. The metropolitan population, including Matamoros, Coahuila, and Gómez Palacio and Lerdo in adjacent Durango,...

    , Nuevo Laredo
    Nuevo Laredo
    Nuevo Laredo is a city located in the Municipality of Nuevo Laredo in the Mexican state of Tamaulipas. The city lies on the banks of the Río Grande, across from the United States city of Laredo, Texas. The 2010 census population of the city was 373,725. Nuevo Laredo is part of the Laredo-Nuevo...

    , Reynosa
    Reynosa
    Reynosa is a border city in the northern part of Tamaulipas, in the country of Mexico. It is located on the southern bank of the Rio Grande, directly across the border from McAllen, Texas in the United States. As of 2010, the city of Reynosa counts with a population of 607,532...

    , Durango
    Durango
    Durango officially Estado Libre y Soberano de Durango is one of the 31 states which, with the Federal District, comprise the 32 Federal Entities of Mexico. The state is located in Northwest Mexico. With a population of 1,632,934, it has Mexico's second-lowest population density, after Baja...

    , Ciudad Victoria
    Ciudad Victoria
    Ciudad Victoria , is the capital city of the Mexican state ofTamaulipas. It is located in the western-central region of the state. Ciudad Victoria is also the municipal seat of the surrounding Victoria Municipality, which covers an area of 1,638 km²...

    , Matamoros
    Matamoros
    The name Matamoros, meaning Moor-killer or Moor-slayer in Spanish , may refer to:-People:*Mariano Matamoros, a liberal priest and insurgent active during the Mexican War of Independence*Santiago Matamoros The name Matamoros, meaning Moor-killer or Moor-slayer in Spanish (see Saint James the...

    , San Luis Potosí
    San Luis Potosí
    San Luis Potosí officially Estado Libre y Soberano de San Luis Potosí is one of the 31 states which, with the Federal District, comprise the 32 Federal Entities of Mexico. It is divided in 58 municipalities and its capital city is San Luis Potosí....

    , Tijuana
    Tijuana
    Tijuana is the largest city on the Baja California Peninsula and center of the Tijuana metropolitan area, part of the international San Diego–Tijuana metropolitan area. An industrial and financial center of Mexico, Tijuana exerts a strong influence on economics, education, culture, art, and politics...

     and Mexicali
    Mexicali
    Mexicali is the capital of the State of Baja California, seat of the Municipality of Mexicali, and 2nd largest city in Baja California. The City of Mexicali has a population of 689,775, according to the 2010 census, while the population of the entire metropolitan area reaches 936,826.The city...

    .
  • 1991: Gigante can opens store number 100 in Toluca
    Toluca
    Toluca, formally known as Toluca de Lerdo, is the state capital of Mexico State as well as the seat of the Municipality of Toluca. It is the center of a rapidly growing urban area, now the fifth largest in Mexico. It is located west-southwest of Mexico City and only about 40 minutes by car to the...

    , becoming the first supermarket chain to achieve a hundred stores in operation, under one trade name.
  • 1992: Grupo Gigante acquired stores "Blanco" and "El Sardinero; thus strengthening the national presence of Gigante. From the early 90's, Gigante developed various formats, like their co-investments:
    • Gigante
    • Bodega Gigante
    • Súper Gigante (before Súper G)
    • Súper Precio
    • Office Depot
      Office Depot
      Office Depot is a supplier of office products and provides many services. The company's selection of brand name office supplies includes business machines, computers, computer software and office furniture, while its business services encompass copying, printing, document reproduction, shipping,...

    • Radio Shack
      Radio shack
      Radio shack is a slang term for a room or structure for housing radio equipment.-History:In the early days of radio, equipment was experimental and home-built. The first radio transmitters used a noisy spark to generate radio waves and were often housed in a garage or shed. When radio was first...

    • PriceSmart
      PriceSmart
      PriceSmart Inc. is the largest operator of membership warehouse clubs in Central America and the Caribbean, with over 770,000 membership accounts and 1 million cardholders. PriceSmart is headquartered in San Diego, California, and it owns and operates 28 warehouse clubs in 11 countries and one...

       (actually not available in Mexico)
  • 2000: Gigante open market in the southeast of the country, with branches in Campeche
    Campeche
    Campeche is one of the 31 states which, with the Federal District, comprise the 32 Federal Entities of Mexico. Located in Southeast Mexico, it is bordered by the states of Yucatán to the north east, Quintana Roo to the east, and Tabasco to the south west...

    , Yucatan
    Yucatán
    Yucatán officially Estado Libre y Soberano de Yucatán is one of the 31 states which, with the Federal District, comprise the 32 Federal Entities of Mexico. It is divided in 106 municipalities and its capital city is Mérida....

    , Tabasco
    Tabasco
    Tabasco officially Estado Libre y Soberano de Tabasco is one of the 31 states which, with the Federal District, comprise the 32 Federal Entities of Mexico. It is divided in 17 municipalities and its capital city is Villahermosa....

    , Chiapas
    Chiapas
    Chiapas officially Estado Libre y Soberano de Chiapas is one of the 31 states that, with the Federal District, comprise the 32 Federal Entities of Mexico. It is divided in 118 municipalities and its capital city is Tuxtla Gutierrez. Other important cites in Chiapas include San Cristóbal de las...

     and Quintana Roo
    Quintana Roo
    Quintana Roo officially Estado Libre y Soberano de Quintana Roo is one of the 31 states which, with the Federal District, comprise the 32 Federal Entities of Mexico. It is divided in 10 municipalities and its capital city is Chetumal....

    . Starts the format “Super Gigante” with the first branch “Cumbres” in Monterrey
    Monterrey
    Monterrey , is the capital city of the northeastern state of Nuevo León in the country of Mexico. The city is anchor to the third-largest metropolitan area in Mexico and is ranked as the ninth-largest city in the nation. Monterrey serves as a commercial center in the north of the country and is the...

     city, as an evolution of the format "Super G".
  • 2001: Gigante continues to expand its sales floor, adding to the chain stores “Super MAZ” in the Southeast.
  • 2002: Grupo Gigante and PriceSmart opened its first four retail stores in the country wholesale, in a joint venture
    Joint venture
    A joint venture is a business agreement in which parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and consequently share revenues, expenses and assets...

     relationship.
  • 2004: Opens with the shop “Coapa” a new concept of Gigante format.
  • 2005: In February, for lack of profitability, are closed four PriceSmart stores in Mexico.
  • 2007: Due to a new and creative strategic design group, Grupo Gigante supermarkets put on sale later this year Gigante. Organización Soriana purchase more than 50% of the Gigante stores, thus this concept to its management, including the branches in United States
    United States
    The United States of America is a federal constitutional republic comprising fifty states and a federal district...

    . Grupo Gigante keeps its joint ventures and shops “Super Precio” and designed its new “Gigante Grupo Inmobiliario” (Gigante Real Estate Group).
  • 2008: Begins to operate, with the opening of the branch channel Tezontle Avenue in Mexico City, The Home Store format, dedicated to selling decorative items. Grupo Gigante sold to its partner, the Tandy Corporation U.S., its 50% of RadioShack stores in Mexico, specialized in selling electronics products.

See also

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