- Business
- La Comer, S.A.B. de C.V. La Comer, S.A.B. de C.V. operates as a leading Mexican food retailer targeting medium- and high-income consumers through differentiated supermarket formats including La Comer, City Market, Fresko, and Sumesa; it offers a wide assortment of perishable products such as fresh fruits, vegetables, meat, fish, and prepared foods including tapas, seafood, chocolates, ice creams, coffees, and cakes; general groceries, imported gourmet items like wines and cheeses, organic products, soft drinks, alcohol, pet food and accessories, pharmacy items, bakery goods, general merchandise, household appliances, tableware, and linens; and specialized services through brands like Golden Hills, Farmacom, Pet’s Club, Xpressa Café, along with e-commerce via La Comer en tu Casa and aggregator platforms. Headquartered in Mexico City at Avenida Insurgentes Sur 1517, the company traces its origins to 1930 through predecessor entities and commenced independent operations in 2016 following a spin-off from Controladora Comercial Mexicana, with 89 stores across approximately 405,000 square meters of sales area concentrated primarily in the Mexico City metropolitan area (50% of stores) and other major cities like Guadalajara and Monterrey, supported by three distribution centers and real estate subsidiaries owning 46 properties including 42 stores and over 395 commercial leasing spaces. La Comer, S.A.B. de C.V. pursues an aggressive expansion strategy, growing from 54 stores at inception to 89 by end-2024 through five new openings in Q4 2024 alone (including three City Market locations), planning around six additional stores in 2025 mostly in existing markets with potential Southeast entry and CapEx of MXN 4-4.5 billion; it reported 9.9% total sales growth and 5.5% same-store sales growth in Q4 2024 with gross margins expanding 66 basis points to 30% driven by perishables and prepared foods, e-commerce and aggregators contributing over 11% of sales, operating profit up 13.8% to MXN 569 million, and total 2024 net sales reaching MXN 43.3 billion.