Largest Mexico Retailers and Department Stores

We compare Mexico's Biggest and Best Retailers in 2016 and 2013

World's Largest Mexico Retail Chains Mexican Retail Industry Overview
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The largest retail chains in Mexico are also some of the largest retailers in the world.  That's according to the Global Powers of Retailing, an international revenue ranking list compiled by Deloitte Touche Tohmatsu each year.  That's not surprising since the Mexican economy is the 15th largest economy in the world, as of December 2015, according to the World Economic Forum.  

The Mexican retail industry is in a recovery cycle, after a comprehensive Mexican tax reform took effect in 2014 and dramatically reduced disposable income for Mexican consumers.

Although there are many positive trends in the Mexican economy and the Mexican retail industry, there are overarching challenges with it as well. For example, in 2015 Mexico had the second largest disparity in the world between its rich and its poor citizens.  

Scroll down the page below the Largest Mexican Retailers list for more important statistics and facts about the Mexican economy and the Mexican Retail Industry. 

SEE ALSO:  Largest U.S. Retail Chains - Complete List >>

Overall, Mexican retailing has fared well compared to global competitors.  When looking at a comparison between the 2013 and 2016 rankings of the Largest Retail Chains in Mexico, almost every Mexican retail company on the list has improved its position in the rankings, which are determined by comparing annual revenue figures for all types of retail chains from all countries.

 (It is worth noting that the 2016 Global Powers of Retailing Report is based on FY 2014 annual revenue.)

Since about 2/3 of the retailing that happens in Mexico happens inside grocery store and supermarket chains, it's not surprising that most of Mexico's Largest Retail Chains are hypermarkets and convenience stores that sell food.  One of the most notable exceptions to that is the Coppel SA de CV department store chain.

The Mexican retail chain with the biggest rise in the global retail rankings between 2013 and 2016 was Coppel, which rose from the #217 ranking in 2013 to the #149 ranking in 2016.  Coppel is a department store considered to be a Walmart de Mexico competitor, and was considered to be the most likely company to purchase the Suburbia chain from Walmart.

What follows is the complete list of the largest Mexican retail chains, according to the 2016 Global Powers of Retailing 2016 Report.  The list is arranged according to the 2016 ranking number assigned to each Mexican retailer.  

Mexico's Largest Retail Companies and Chains According to Annual Revenue - 2016 and 2013 Comparison:

Orgnaizacion Soriana S.A. de C.V.

2016 Global Ranking - #133
2013 Global Ranking - #131

FEMSA Comercio, S.A. de C.V.
2016 Global Ranking - #125
2013 Global Ranking - #156
Convenience/Forecourt Store

Coppel SA de CV
2016 Global Ranking -  #149 
2013 Global Ranking - #217
Department Store

El Puerto de Liverpool, SAB de C.V.
2016 Global Ranking - #175
2013 Global Ranking - #215
Department Store

Grupo Comercial Chedraui, S.A. de C.V.
2016 Global Ranking -  #176
2013 Global Ranking - #196 

Controladora Comercial Mexicana S.A. de C.V.
2016 Global Ranking - N/A
2013 Global ranking - #191 

Important Facts and Statistics about the Mexican Economy and the Mexican Retail Industry:

  • In 2015 Mexico had a population of 112 million people, and a $1.26 trillion (USD) economy. An estimated $65 billion (USD) of that was retail sales, including $5.9 billion from retail Internet sales.
  • Grocery sales account for 2/3 of the total annual retail industry sales in Mexico, according to Euromonitor International. 
  • More than 70% of the population is considered to be "high" and "middle class" shoppers, who have access to bank and retail credit cards, according to ANTAD.
  • As with most retail industry sectors in most countries, the fastest growing retail channel in Mexico is Internet retailing.  Contributing to the growth was the expansion of Amazon product offerings in 2015, which previously had been limited to the sales of e-books and e-reader devices.
  • The largest retail chains doing business in Mexico is Walmart México y Centroamérica, which is, of course, part of the largest retail chain in the world.  (NOTE:  Since Walmart is based in the U.S., it is included on the Largest U.S. Retail Chains list, but not on the Largest Mexican Retailers list below.) Despite the size of the Walmart chain in Mexico, there was proof once again that there's no such thing as "too big to fail" when Walmart put its Suburbia clothing chain in Mexico up for sale in 2016. 
  • The reputation of Walmart was damaged both with Mexican and American consumers in 2012 after it was revealed that the US retailing giant had allegedly been involved in bribery of Mexican government officials. Today there is not a single senior level Mexican or U.S. Walmart executive who was allegedly involved in the Walmart Mexican Bribery Scandal who is still working for the company.  
  • Mexican retailers get plenty of direct competition in their own country from U.S. retail chains. Besides Walmart, Costco, Victoria’s Secret, Starbucks, Burger King, McDonald’s, Tasti Dlite, Cold Stone Creamery, Wendy’s, YUM Brands, and Baskin-Robbins are some of the U.S. retail chains doing business in Mexico.