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FEMSA announced that Oxxo would enter a phase of international growth after the opening of its first convenience store in in Peru this Friday.
By a statement, it is mentioned that his proximity division ( before commercial) began operations in the South American country, as in Colombia and Chile markets on which society is already present chain; apart from Mexico.
"Oxxo's entry into Peru marks the beginning of a new stage in the international growth strategy of this format," said the company in its financial report for the third quarter of the year .
It is expected that the next market to which Oxxo will arrive is Ecuador as the company recently announced the purchase of Corporación GPF in Ecuador which operates 31 convenience stores ] OkiDoki and 620 pharmacies Fybeca and SanaSana.
In Chile, in 2016, he acquired the chain of Big John Stores in the process of transforming the brand into Oxxo.
"Since 2009, when Oxxo opened its first five Oxxo stores in in Colombia Oxxo has been progressively and systematically improving its skills to also adjust growth of Oxxo in Peru.
"This announcement marks another milestone for FEMSA Comercio bringing its extensive retailing experience to the attractive Peruvian market and its more than 32 million consumers," said the company.
Oxxo will compete directly with Peru for the Tambo + chain of stores belonging to the Lindley family which was sold to the Monterrey bottler Arca Continental (AC ) soft drink.
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