Mexico: leading supermarkets 2023
In 2023, Walmart de México (Walmex) accounted for 65 percent of all supermarket sales in Mexico, with a net sales value of over 800 billion Mexican pesos. Ranking second was Grupo Chedraui, with a 19.3 percent of the sales shares.
Walmart de México: the undisputed leader
When it comes to supermarkets in Mexico, Walmex dominates the scene. With its omnichannel strategy and its more than three thousand stores all over the country, Walmex offers various services and products targeted at as many consumers as possible. Its discount brand, Bodega Aurrerá, is the most represented, but it operates hypermarkets, express supermarkets with basic items, as well as a membership-only wholesale division designed to compete with wholesale giant Costco.
Supermarkets and retail in Mexico
Walmex competes with Grupo Chedraui, Organización Soriana, and Grupo La Comer, and while other companies operate on a regional level, the four of them make up most of the supermarket landscape. In 2023, the retail revenue of all supermarkets and convenience stores in Mexico reached over 1.7 trillion Mexican pesos, and the sector employs over 765 thousand people.