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Supermercados Gigante

Supermercados Gigante Logo.

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 Radio Shack 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

Gigante Torreon Store, a store closed on February 28, 2006.

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 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.

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 This article about a Mexicocorporationor companyis a stub. You can helpWikipedia by expanding it.
Categories: Supermarkets of Mexico | Companies established in 1962 | 2008 disestablishments | Mexican company stubs

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