- Business
- Farmacias Benavides SAB de CV (BEVIDESB.MX), a leading Mexican drugstore chain founded in 1917 and headquartered in Monterrey, Nuevo Leon, operates as a subsidiary of Walgreens Boots Alliance Inc and primarily retails pharmaceuticals, health and beauty aids, personal care products, baby care items, groceries, non-perishables, dermo-cosmetics, and household goods through a nationwide network of over 1,300 pharmacies concentrated in northern and western Mexico; the company offers prescription and over-the-counter medications, cosmetics, toiletries, laboratory sample services, home delivery, online pharmacy, prescription processing, and photo services under brands including Almus, Benavides Pharmacies, No.7, Boots, Soap & Glory, and Well Beginnings, while targeting individual consumers with additional features like medical offices and distribution centers. It maintains subsidiaries such as Servicios Operacionales Benavides SA de CV and Servicios Logisticos Benavides SA de CV to support its retail operations across the country. Recent initiatives include ongoing expansion of store locations, a partnership funding over 175 reconstructive surgeries and 1,300 prostheses as of August 2024 to enhance community health impact, and integration of digital payment solutions like cash vouchers and QR codes for online purchases in collaboration with providers such as Nuvei.