City Market (Mexico)

City Market in Mexico is a chain of gourmet grocery stores owned by La Comer.

History

The first City Market opened in 2006 in Interlomas. The second opened in 2008 in Colonia del Valle, and the third in 2011 in Las Lomas.[1]

In 2015, the acquisition of Comercial Mexicana by Soriana[2] slowed down the growth of City Market stores for at least a year.[3] One store opened in Mexico City in February 2015.[4]

In September 2016, the first City Market store outside of Mexico City opened in Querétaro.[5] In November 2017, La Comer group announced a 200-million pesos investment to open its first City Market store in Guadalajara.[6] In July 2018, City Market opened its first store in the state of Morelos.[7] By December 2018, City Market had 11 stores throughout Mexico.[8] In May 2019, City Market opened its first store in Monterrey.[9][10]

In 2018, City Market was the only retail store in the world, along with Harrod's and Le Bon Marché, to sell raw Kobe beef.[11]

Description

City Market is a chain of gourmet grocery stores that distributes food and drinks imported from 25 different countries.[1] The chain is owned by Comercial City Fresko.

References
  1. "La Cómer va por las carteras 'gordas'". Expansión (in Spanish). 2011-12-20. Retrieved 2019-06-22.
  2. "Es oficial, la Comercial Mexicana es de Soriana". www.milenio.com. Retrieved 2019-06-22.
  3. "Vienen más City Market". www.elfinanciero.com.mx. Retrieved 2019-06-22.
  4. "Inauguran sexto City Market en la Ciudad de México". Dinero en Imagen.com (in Spanish). 2015-02-18. Retrieved 2019-06-22.
  5. "Primer City Market fuera de la CDMX llega a Querétaro". Inmobiliare (in Mexican Spanish). Retrieved 2019-06-22.
  6. Economista, Redacción El. "La Comer crece su formato City Market". El Economista. Retrieved 2019-06-22.
  7. "La Comer SAB de CV abre primer City Market en Morelos" (PDF). La Comer Finanzas. 1 August 2018. Retrieved 22 June 2019.
  8. Ayala, María Luisa (2018-12-18). "México: Grupo La Comer suma 11 tiendas en su formato City Market". América Retail (in Spanish). Retrieved 2019-06-22.
  9. "La Comer SAB de CV inaugura primer a tienda City Market en Monterrey" (PDF). La Comer Finanzas. 29 May 2019. Retrieved 22 June 2019.
  10. "¡Hola, regios! City Market llega a Nuevo León". El Financiero (in Spanish). Retrieved 2019-06-22.
  11. "City Market vende carne kobe". www.milenio.com. Retrieved 2019-06-22.
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