Grupo Gigante, S.A.B. de C.V. (GPGNF)

Overview

Grupo Gigante, S. A. B. de C. V. is a significant player in the retail and real estate market in Mexico, extending its operations to Central America, the Caribbean, Colombia, and Chile. Founded in 1962 and headquartered in Mexico City, Mexico, the company has diversified its business interests over the years. It operates across several segments, including retail, Prisa distribution, restaurants, real estate, and others. Grupo Gigante is known for its comprehensive operations that cover a broad spectrum of consumer needs, from office supplies and electronic goods to housewares and dining options. The company also possesses a strong footprint in the real estate sector, focusing on the development and management of various properties, including shopping malls and corporate office buildings, as well as offering technical support and IT consulting services.

Products and Services

• Retail:

Grupo Gigante’s retail segment comprises self-service stores offering a wide range of products such as office supplies, electronic goods, and housewares. These stores cater to the diverse needs of consumers, ensuring a vast selection of products under one roof in multiple locations across its operational regions.

• Prisa Distribution:

This division focuses on the distribution aspect of the business, ensuring that a comprehensive range of products reaches the various retail outlets efficiently. The Prisa Distribution segment is pivotal in maintaining a seamless supply chain for the company's extensive range of goods.

• Restaurants:

Grupo Gigante operates a chain of restaurants, offering a variety of culinary experiences to its customers. This segment complements its retail operations by providing dining options that enhance the shopping experience for consumers.

• Real Estate:

The company engages in the management and development of investment properties, which includes retail stores, shopping malls, and corporate office buildings. This sector represents Grupo Gigante's strategic investment in creating and managing spaces that cater to commercial needs and consumer experiences.

• Other Services:

Additional operations include parking lot services, which are essential for the convenience of customers visiting the company's various properties. Grupo Gigante also provides information technology consulting and technical support activities, indicating its diversified interests and its commitment to leveraging technology to enhance its business operations.