Mexico: Discounter Tiendas 3B among the 14 fastest growing companies
Updated: Jul 31
Discount Retail Chain Tiendas 3B reached the 219th in the ranking of the 500 largest companies in Mexico. The Mexican magazine 'Expansion' publishes every year a report on the 500 largest companies in Mexico. Last year, 2019 Tiendas 3B reached the 254th position, in the July 2020 edition of the 'Expansion', Tiendas 3B holds the 219th position.
In the ranking of the fastest growing companies Tienda 3B is ranked 14th. surpassing all of its Mexican retail competitors.
Tiendas 3B started in 2004 as a greenfield start-up development by the Lebanese businessman Anthony Hatoum. Having more almost 1,000 stores, 8 logistical centres and more than 9,000 employees in Mexico. Realising revenues of about $700 mio in 2019.
Tienda 3B targets to be among the 100 largest companies in Mexico within the coming years. Emphasizing its company mission: 'Haz tu despensa inteligent' ('do your grocery shopping smart').