The Largest Mexico Retailers and Department Stores

Compare Mexico's biggest and best retailers from 2013 to 2016

World's Largest Mexico Retail Chains Mexican Retail Industry Overview
••• Blaine Harrington III/Corbis Documentary/Getty Images

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 that the Mexican economy is the 15th largest in the world as of January 2017.

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 the retail sales in Mexico take place inside grocery store and supermarket chains, so 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 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 in 2013 to 149 in 2016. Coppel is a department store considered to be a Walmart de Mexico competitor. It was considered to be the most likely company to purchase the Suburbia chain from Walmart

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.  

Mexico's Largest Retail Companies and Chains According to Annual Revenue 

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 C.V.:

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 

  • Mexico had a population of 112 million people in 2015, and it had a $1.26 trillion USD economy. An estimated $65 billion USD of that was in retail sales, including $5.9 billion from retail Internet sales.
  • Grocery sales account for two-thirds of the total annual retail industry sales in Mexico, according to Euromonitor International. 
  • More than 70 percent of the population is considered to be comprised of "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 chain doing business in Mexico is Walmart México y Centroamérica, which is, of course, part of the largest retail chain in the world. Walmart is based in the U.S., so it is included on the largest U.S. retail chains list but not on the largest Mexican retailers list. Despite the size of the Walmart chain in Mexico, here is proof once again that there's no such thing as being "too big to fail." It was evidenced when Walmart put its Suburbia clothing chain in Mexico up for sale in 2016. 
  • The reputation of Walmart was damaged with both Mexican and American consumers in 2012 after it was revealed that the US retailing giant had allegedly been involved in the bribery of Mexican government officials. 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 today. 
  • Mexican retailers get plenty of direct competition in their own country from U.S. retail chains. Costco, Victoria’s Secret, Starbucks, Burger King, McDonald’s, Tasti Dlite, Cold Stone Creamery, Wendy’s, YUM Brands, and Baskin-Robbins are some other U.S. retail chains doing business in Mexico.