Casa Ley Explained

Casa Ley, S.A.P.I. de C.V.
Type:Private
Industry:Supermarket, Grocery
Predecessors:-->
Successors:-->
Foundation: in Culiacán, Sinaloa, Mexico
Founder:Juan Ley Fong (Lee Fong)
Founders:-->
Location City:Culiacán, Sinaloa
Locations:300+
Key People:Juan Manuel Ley
(CEO & Chairman)
Brands:Chics (1972-2022)[1] [2]
Wok Express (1999-present)[3] [4]
Services:bakery, dairy, deli, dry cleaning, frozen foods, grocery, meat, pharmacy, produce, seafood, snacks, liquor, and money transfers
Owners:-->
Num Employees:22,000
Website:casaley.com.mx

Casa Ley is a Mexican grocery store chain based in Culiacán founded in 1954 by Juan Ley Fong. Most of its stores are located in western Mexico, in the states of Baja California, Sonora, Sinaloa, Nayarit, Jalisco, Colima, Coahuila, Durango, Guanajuato, and Baja California Sur. It is Mexico's largest privately held supermarket chain. For years, 49% of the chain was owned by American supermarket chain Safeway Inc., which later went to Albertsons Companies, Inc. after it acquired Safeway in 2015.[5] [6] In 2018, Albertsons divested its 49% share to Tenedora CL del Noroeste, ending the company's international operations.[7]

History

The company originally started as a small village shop in the mining town of Tayoltita, where Ley offered his goods to the gold and silver miners of the San Luis Mining Company. In 1948, a theft by a close friend and colleague forced Ley to eventually close his shop and leave the town, in search of a new location. The family moved to Culiacán, and in September 1954 the company Casa Ley was born.

Formats

Ley

Casa Ley's flagship format conceptualized as a hypermarket with 3,500 to 11,000 square meters of sales floor, whose sales system is retail, which handles a wide assortment in the grocery, perishable food, prepared food, and selection of general merchandise and clothing.

As a hybrid format between a hypermarket and a self-service warehouse, its main competitors are:

Súper Ley

They are supermarkets created with the objective of offering consumers quick purchases as well as quality and freshness in their departments within a sales floor of between 1,000 and 3,500 square meters, through which they offer daily consumption products such as groceries, perishable foods and prepared food.

As a general supermarket, your competitors are:

Notes and References

  1. https://www.debate.com.mx/culiacan/Juan-Manuel-Ley-entre-los-100-mejores-empresarios-de-Mexico-20141023-0158.html
  2. https://vivavoz.com.mx/portal/index.php?option=com_k2&view=item&id=15119:restaurantes-chics-cierra-sus-puertas-a-partir-del-1-de-enero&Itemid=607
  3. https://wokexpress.com.mx/historia/
  4. https://web.archive.org/web/20220218175822/https://www.wokexpress.com.mx/historia/
  5. Web site: Safeway earnings may drop / Grocery chain blames slow sales, health costs . November 9, 2002 . . 2019-10-04.
  6. News: Safeway Shareholders Approve Albertsons Merger . Maria Armental . The Wall Street Journal. July 25, 2014. August 1, 2014.
  7. Web site: Albertsons sells Casa Ley stake, posts Q3 ID sales decline. 17 January 2018.