U.S.$33,000,000 U.S.$120,000,000 Commercial Paper Program 7.00

Total Page:16

File Type:pdf, Size:1020Kb

U.S.$33,000,000 U.S.$120,000,000 Commercial Paper Program 7.00 INFORMATION MEMORANDUM U.S.$33,000,000 U.S.$120,000,000 Commercial Paper Program 7.00% Notes due 2016 _________________________________________________________________________________________________ We are issuing coupon bearing short-term promissory notes (the “Notes”) in connection with our existing euro commercial paper program (the “Program”) up to a maximum aggregate principal amount outstanding of U.S.$120,000,000. Issue Date – January 28, 2015. Maturity – January 28, 2016. Issue Price – The Notes will be issued at par and bear interest at a rate of 7.00% per year based on a 360-day year comprised of twelve 30-day months, payable semiannually in arrears. Ranking; Security – The Notes are unsecured and will constitute our direct, unsecured and unsubordinated obligations and will rank pari passu with all of our other unsecured and unsubordinated indebtedness including any guarantees given by us, other than obligations preferred by mandatory law. Redemption – There will be no redemption prior to maturity. ISIN – XS1169204762 Investing in the Notes involves a high degree of risk. Please read “Risk Factors” beginning on page 11 of this Information Memorandum. The Notes have not been approved by the U.S. Securities and Exchange Commission or any state securities commission in the United States of America (the “United States” or “U.S.”), nor has the U.S. Securities and Exchange Commission or any U.S. state securities commission passed upon the accuracy or the adequacy of this Information Memorandum. Any representation to the contrary is a criminal offense. The Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or with any securities regulatory authority of any state or other jurisdiction of the United States. The Notes may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the Securities Act (“Regulation S”)) except as permitted by Regulation S. This Information Memorandum has been prepared by the Issuer (as defined herein) for use in connection with the offer and sale of the Notes outside the United States to non-U.S. persons pursuant to Regulation S. For a description of these and certain further restrictions on offers, sales and transfers of the Notes and distribution of this Information Memorandum, see “Selling Restrictions” and “Transfer Restrictions” below. The Notes have not been and will not be registered with the National Securities Registry (Registro Nacional de Valores or “RNV”) maintained by the National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores or “CNBV”), and may not be offered or sold publicly, or otherwise be the subject of brokerage activities, in Mexico, except pursuant to a private placement exemption set forth under Article 8 of the Ley del Mercado de Valores (the “Mexican Securities Market Law”). As required under the Mexican Securities Market Law, we will notify the CNBV of the issuance of the Notes, including the principal characteristics of the Notes and the offering of the Notes outside of Mexico. Such notice will be delivered to the CNBV to comply with a legal requirement and for information purposes only, and the delivery to and the receipt by the CNBV of such notice does not constitute or imply any certification as to the investment quality of the Notes, our solvency, liquidity or credit quality or the accuracy or completeness of the information provided in this Information Memorandum. The information contained in this Information Memorandum regarding the Notes is exclusively the responsibility of the Company (as defined herein) and has not been reviewed or authorized by the CNBV. In making an investment decision, all investors, including any Mexican investors who may acquire the Notes from time to time, must rely on their own review and examination of the Company. Dealer Financial Advisor Information Memorandum dated February 3, 2015 The information contained in this Information Memorandum relating to Grupo Famsa, S.A.B. de C.V. (the “Issuer” or “Famsa” and, together with its subsidiaries, unless the context requires otherwise, the “Company,” “we,” “us,” “our” or the like) has been obtained from the Issuer, which accepts responsibility for the information contained in this Information Memorandum and, having taken all reasonable care to ensure that such is the case, has confirmed that the information contained in the Information Memorandum is, to the best of their knowledge, in accordance with the facts and contains no omission likely to affect its import. i TABLE OF CONTENTS Page IMPORTANT NOTICE ................................................................................................................. 1 EXECUTIVE SUMMARY ............................................................................................................. 2 RECENT DEVELOPMENTS ........................................................................................................ 9 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS ................ 11 RISK FACTORS ........................................................................................................................ 12 EXCHANGE RATES .................................................................................................................. 31 CAPITALIZATION ...................................................................................................................... 32 USE OF PROCEEDS ................................................................................................................ 33 SELECTED CONSOLIDATED FINANCIAL INFORMATION ..................................................... 34 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS ........................................................................................ 35 BUSINESS ................................................................................................................................. 56 RELATED PARTY TRANSACTIONS ...................................................................................... 105 MANAGEMENT ....................................................................................................................... 107 TAXATION ............................................................................................................................... 115 SELLING RESTRICTIONS ...................................................................................................... 118 TRANSFER RESTRICTIONS .................................................................................................. 121 GENERAL INFORMATION ...................................................................................................... 123 Unaudited Interim Consolidated Financial Statements .................................................... Exhibit A Audited Consolidated Financial Statements .................................................................... Exhibit B Form of Global Notes ...................................................................................................... Exhibit C Form of Definitive Notes ................................................................................................. Exhibit D ii IMPORTANT NOTICE This Information Memorandum contains summary information provided by the Company in connection with its issuance of the Notes pursuant to the Program up to a maximum aggregate principal amount outstanding of U.S.$120,000,000. The Issuer has appointed Banco Espírito Santo de Investimento, S.A., Sucursal en España (together with any other dealers appointed by the Issuer under the Program, the “Dealers”) as dealers for the Notes under the Program, and has authorized and requested the Dealers to circulate this Information Memorandum in connection therewith. The Dealers have not independently verified the information contained herein. Accordingly, no representation, warranty or undertaking, express or implied, is made and no responsibility or liability is accepted by the Dealers as to the accuracy or completeness of this Information Memorandum or any supplement hereto. This Information Memorandum is not intended to provide the basis of any credit, taxation, legal, investment or other evaluation and should not be considered as a recommendation by the Issuer or the Dealers that any recipient of this Information Memorandum should purchase any of the Notes. Each recipient contemplating the purchase of any of the Notes is advised to consult its own tax adviser, attorney and business adviser as to tax, legal, business and related matters concerning the purchase of the Notes and to make, and shall be deemed to have made, its own independent investigation in relation to the Program and the financial condition and affairs, and its own appraisal of the creditworthiness, of the Issuer. Neither the Issuer nor the Dealers make any comment about the treatment for taxation purposes of payments or receipts in respect of the Notes to or by a holder of the Notes or the legality of the purchase of the Notes by an investor under applicable investment or similar laws. Neither the Issuer nor the Dealers accept any responsibility, express or implied, for updating this Information Memorandum. Neither the delivery of this Information Memorandum nor the offering, sale or delivery of any Notes shall, in any circumstances, create any implication that the information contained herein is true
Recommended publications
  • Mexican Supermarkets & Grocery Stores Industry Report
    Mexican Supermarkets & Grocery Stores Industry Report July 2018 Food Retail Report Mexico 2018Washington, D.C. Mexico City Monterrey Overview of the Mexican Food Retail Industry • The Mexican food retail industry consists in the distribution and sale of products to third parties; it also generates income from developing and leasing the real estate where its stores are located • Stores are ranked according to size (e.g. megamarkets, hypermarkets, supermarkets, clubs, warehouses, and other) • According to ANTAD (National Association of Food Retail and Department Stores by its Spanish acronym), there are 34 supermarket chains with 5,567 stores and 15 million sq. mts. of sales floor in Mexico • Estimates industry size (as of 2017) of MXN$872 billion • Industry is expected to grow 8% during 2018 with an expected investment of US$3.1 billion • ANTAD members approximately invested US$2.6 billion and created 418,187 jobs in 2017 • 7 states account for 50% of supermarket stores: Estado de Mexico, Nuevo Leon, Mexico City, Jalisco, Baja California, Sonora and Sinaloa • Key players in the industry include, Wal-Mart de Mexico, Soriana, Chedraui and La Comer. Other regional competitors include, Casa Ley, Merza, Calimax, Alsuper, HEB and others • Wal-Mart de México has 5.8 million of m² of sales floor, Soriana 4.3 m², Chedraui 1.2 m² and La Cómer 0.2 m² • Wal-Mart de México has a sales CAGR (2013-2017) of 8.73%, Soriana 9.98% and Chedraui 9.26% • Wal-Mart de México has a stores growth CAGR (2013-2017) of 3.30%, Soriana 5.75% and Chedraui 5.82% Number
    [Show full text]
  • The Mexican Business Class and the Processes Of
    /?s % THE MEXICAN BUSINESS CLASS AND THE PROCESSES OF GLOBALIZATION TRENDS AND COUNTER-TRENDS Alejandra Salas-Porras London School of Economics Thesis submitted in fulfilment of the requirements for the degree of Doctor in Philosphy in November of 1996 UMI Number: U615514 All rights reserved INFORMATION TO ALL USERS The quality of this reproduction is dependent upon the quality of the copy submitted. In the unlikely event that the author did not send a complete manuscript and there are missing pages, these will be noted. Also, if material had to be removed, a note will indicate the deletion. Dissertation Publishing UMI U615514 Published by ProQuest LLC 2014. Copyright in the Dissertation held by the Author. Microform Edition © ProQuest LLC. All rights reserved. This work is protected against unauthorized copying under Title 17, United States Code. ProQuest LLC 789 East Eisenhower Parkway P.O. Box 1346 Ann Arbor, Ml 48106-1346 T h £ S £ S F 95 e British 1 ™£c°mmicsa.Z 121 ABSTRACT This thesis discusses the globalising processes undergone by a segment of the Mexican business class, notably: the spaces of the world economy they control; their links to social and political networks of global scope, as well as to global movements and currents of thought; and the interests, strategies, projects and perceptions which they share with their counterparts around the world. It argues that they have become one of the main and most powerful forces for the integration of the country in the global capitalist system. Globalising processes lived and promoted by the Mexican business class are contradictory in several respects: on one hand, modernisation, institutionalisation and depersonalisation of corporate structures and of the system of business representation; is hindered by business clientelism and corruption in party funding.
    [Show full text]
  • Equity Research Me Xico
    Equity Research Me xico Quarterly Report July 29, 2020 SORIANA www.banorte.com Impacted by rents relief and “Julio Regalado” @analisis_fundam . Soriana reported below expectations, due to 2 months of rents relief Consumer and Telecom granted to its tenants in the real estate business (1.8% sales; 17% of Valentín Mendoza EBITDA), as well as drops in "Julio Regalado" campaign Senior Strategist, Equity [email protected] . 5 stores closed during the quarter of those that were still pending Juan Barbier under the conditions imposed by COFECE. 3Q20 will reflect a similar Analyst impact from reliefs and weakness in its summer campaign [email protected] . We trimmed our estimates, after incorporating these results and assuming a challenging 2H20. We are lowering our PT2020 to $23.00 HOLD (FV/EBITDA 2021E of 5.2x equal to current valuation). HOLD Current Price $18.05 PT 2020 $23.00 Dividend 2020e Dividend Yield (%) Pressures in profitability that could continue. In June, Soriana recognized Upside Potential 27.4% half the impact on 2 months of rents reliefs granted to its tenants (the remaining Max – Mín LTM ($) 27.50 – 16.14 Market Cap (US$m) 1,453.6 will be registered in July). Its “Julio Regalado” campaign, which kicked-off in Shares Outstanding (m) 1,800 June, declined a high-single-digit –due to challenging macroeconomic Float 13.8% Daily Turnover US$m 2.0 environment-. And also carried out the closure of 5 pending stores related to its Valuation metrics TTM FV/EBITDA 5.2x divestment program required by COFECE. That said, sales grew 1.4% y/y to P/E 10.1x MXN 39.637 billion, on the back of a 2.6% advance in SSS, offsetting a 1.0% y/y contraction in sales floor.
    [Show full text]
  • Estado Localidad Formato Nombre Sucursal Tijuana
    ESTADO LOCALIDAD FORMATO NOMBRE SUCURSAL TIJUANA 2000 SUPERCENTER BCN TIJUANA MACROPLAZA INSURGENTES SORIANA GATO BRONCO SMART RIO GRANDE SMART CD. JÚAREZ SMART LOPEZ MATEOS SORIANA SANDERS ALSUPER INDUSTRIAS ALSUPER FUENTES MARES AL SUPER CHIHUAHUA ALSUPER INDEPENDENCIA ALSUPER VALLARTA CHIHUAHUA FUENTES MARES SORIANA JUVENTUD NORTE SUPERCENTER FUENTES MARES SORIANA FRANCISCO COSS COAHUILA SALTILLO BA FUNDADORES BODEGA AURRERA BA SALTILLO SUPERCENTER SC LEON TORRES LANDA BA DELTA BODEGA AURRERA GUANAJUATO LEÓN BA HILARIO MEDINA SUPERCENTER SC GALERIAS LAS TORRES SUPERCENTER SC CLOUTHIER BA ATEMAJAC BA SANTA PAULA BODEGA AURRERA BA 8 DE JULIO BA MATATLAN CHEDRAUI CHEDRAUI LOMAS SUPERCENTER SC LOPEZ MATEOS SUR SORIANA OBLATOS JALISCO GUADALAJARA TONALA VALLE REAL SC GUADALAJARA PARQUES SC REVOLUCION SUPERCENTER SC 16 DE SEPTIEMBRE SC COLON SC NINO OBRERO SC NILO LOMAS D L PAJAROS CHEDRAUI TOLUCA ALFREDO DEL MAZO COMEX MEGA METEPEC SORIANA SENDERO TOLUCA BODEGA AURRERA BA PILARES MEXICO TOLUCA SC TOLUCA SC METEPEC SUPERCENTER SC ZINACANTEPEC SC ALFREDO DEL MAZO CHEDRAUI CUERNAVACA FLORES MAGON MORELOS CUERNAVACA BODEGA AURRERA BA MORELOS SUPERCENTER SC DOMINGO DIEZ SC LOS ATRIOS MORELOS CUERNAVACA SUPERCENTER SC JIUTEPEC CONTRY LINDAVISTA LINCOLN SAN NICOLAS SANTA CATARINA ESCOBEDO SANTA MARIA FRESNOS SORIANA SENDERO LINCOLN SANTA CRUZ LAS QUINTAS SENDERO ESCOBEDO SANTO DOMINGO NUEVO LEON MONTERREY SENDERO LA FE SENDERO APODACA VALLE SOLEADO SOLIDARIDAD BA SANTO DOMINGO BODEGA AURRERA BA DIAZ BERLANGA SC SENDERO SC LA HUASTECA LAS TORRES
    [Show full text]
  • The Transformation of Mexican Retailing with NAFTA Manuel Chavez∗
    Development Policy Review, 2002, 20 (4): 503-513 The Transformation of Mexican Retailing with NAFTA Manuel Chavez∗ With the signing of the North American Free Trade Agreement, NAFTA, in 1994, the opening up of Mexican commercial sectors was completed. Thereafter, the growth of multinational supermarket chains accelerated and Mexican food distributors and retailers were forced into redefinition and regrouping, not only at company level but also at the regional-location level. The central and northern regions are witnessing increased efforts on the part of supermarket chains to capture local market segments, a process which imposes new demands on producers, wholesalers, and consumers. This article addresses the strategies of competition and collaboration of Mexican and US supermarket chains in the new regional context, and highlights the lack of Mexican public policy to help domestic retailers to compete effectively. The 1994 NAFTA agreement accelerated the liberalisation, privatisation, and deregulation of the agrifood sector that had been under way in Mexico since 1982. While these were part of the requirements and conditions negotiated with Canada and the United States, the creation of safety nets and the protection of vulnerable sectors were not considered by the Mexican government. However, just before NAFTA came into force, Mexican analysts voiced expectations that it would lead to the end of the domestic food retailing sector (Gonzalez, 1992; Perez, 1992). The liberalisation and deregulation policies were, as we argue here, important for the creation of a context for the acceleration of the entry of multinational supermarket chains into Mexico. In their original design these policies assumed that market forces would help domestic retailers step up their capacity to compete, and that open competition negotiated in NAFTA would in general be positive.
    [Show full text]
  • Organización Soriana, S. A. B. De C. V
    ORGANIZACIÓN SORIANA, S. A. B. DE C. V. Alejandro de Rodas No. 3102-A, Col. Las Cumbres 8º Sector C.P. 64610 Monterrey, N. L. NÚMERO DE ACCIONES REPRESENTATIVAS DEL CAPITAL SOCIAL 1,800,000,000 CARACTERÍSTICAS De una misma Serie Nominativas Ordinarias Sin valor nominal Íntegramente suscritas y pagadas Serie B Sub-serie I Capital mínimo fijo sin derecho a retiro CLAVE DE COTIZACIÓN Bolsa Mexicana de Valores: SORIANA Asimismo, la Compañía mantiene un Programa de Certificados Bursátiles autorizado por la Comisión Nacional Bancaria y de Valores mediante oficio No. 153/6785/2013 de fecha 24 de mayo de 2013 por un monto total máximo autorizado de Ps. $25,000,000,000.00 (VEINTICINCO MIL MILLONES DE PESOS 00/100 M.N.) o su equivalente en Unidades de Inversión, siendo que a la fecha de la publicación del presente Reporte Anual, se cuenta con dos Emisiones vigentes. DICHOS VALORES SE ENCUENTRAN INSCRITOS EN EL REGISTRO NACIONAL DE VALORES Y SON OBJETO DE COTIZACIÓN EN LA BOLSA MEXICANA DE VALORES. La inscripción en el Registro Nacional de Valores no implica certificación sobre la bondad de los valores, solvencia de la emisora o sobre la exactitud o veracidad de la información contenida en este Reporte Anual, ni convalida los actos que, en su caso, hubieren sido realizados en contravención de las leyes. Reporte Anual que se presenta de acuerdo con las disposiciones de carácter general aplicables a las Emisoras de valores y a otros participantes del mercado. Por el año terminado el 31 de diciembre de 2016 Monterrey, N. L. a 28 de abril de 2017 INFORMACIÓN REFERENTE A LOS CERTIFICADOS BURSÁTILES EMITIDOS POR ORGANIZACIÓN SORIANA, S.
    [Show full text]
  • Curriculo-De-Cogutsa.Pdf
    OBJETIVO Construir con los mejores y mas novedosos materiales en el mercado con el personal mas calificado. MISIÓN Brindar servicios de construcción ligera de la mano de nuestros clientes manteniendo siempre la mas alta calidad. VISIÓN Construir espacios confortables, eficientes y sustentables que contribuyan en el mejor desempeño tanto personal como profesional. PRODUCTOS Construcción en base a tablaroca, falsos plafones, durock, pastas y pinturas en diferentes proyectos: Siendo distribuidores autorizados de la marca USG AEROPUERTOS AGENCIAS AUTOMOTRICES CENTROS COMERCIALES CENTRO DE CONVENCIONES CINES ENTRETENIMIENTO HABITACIONAL HOTELES HOSPITALES INSTITUCIONES EDUCATIVAS OFICINAS CORPORATIVAS OFICINAS INDUSTRIALES PRINCIPALES CLIENTES AEROPUERTOS ABITAT Reconstrucción Terminal 2 · Cancún ALDESA Terminal 3 Aeropuerto · Cancún GRUPO JV Ampliación Aeropuerto · Guadalajara ICA Terminal 2 Aeropuerto Internacional de la Cuidad de México AGENCIAS AUTOMOTRICES DCAA Peugeot · Querétaro BMW Santa Mónica · Edo. México FAME · 3 proyectos Audi · Querétaro Pontiac · Querétaro GIAA · 3 proyectos SEAT · Polanco VW · Puebla NK CONSULTORIA · 7 proyectos Honda · Querétaro General Motors Las Aguilas · CDMX Chrysler Pedregal · CDMX ZAPATA Mercedes Benz · Querétaro CENTROS COMERCIALES Con mas de 150 proyectos ABILIA Latitud La Victoria · Querétaro ABITAT · 8 proyectos HEB · San Luis Potosí BE GRAND Be Grand Alto Pedregral · CDMX DOCSA · 2 proyectos Plaza Cancun 2000 GDI · 4 proyectos Centro Comercial Interplaza Interlomas GIAA · 8 proyectos Superama · Cancún GICSA · 5 proyectos Centro Comercial La Isla · Acapulco GRUPO ARYBA · 7 proyectos Centro Comercial Emporio · Acapulco GRUPO ATCO · 5 proyectos Office Max Interlomas · México Office Max Polanco · México GRUPO GARZA PONCE · 3 proyectos Centro Comercial La Isla · Cancún Centro Comercial Paseo · Cancún GRUPO GIGANTE Miyana · CDMX GRUPO ORTIZ Antea · Querétaro LIVERPOOL · 5 proyectos Liverpool Cumbres · Monterrey Liverpool · Perinorte Liverpool · Playa del Carmen ORG.
    [Show full text]
  • SORIANA: Inicio De Cobertura Verónica Uribe Boyzo
    INICIO DE COBERTURA 11 de diciembre de 2019 SORIANA: Inicio de Cobertura Verónica Uribe Boyzo • Iniciamos Cobertura de SORIANA con una Recomendación de Venta. • Nuestro PO para finales de 2020 es $27.0. • Estimamos un Potencial de Rendimiento de 10.2% para finales de 2020. Iniciamos Cobertura con Recomendación de Venta y PO de $27.0 Estamos Iniciando la Cobertura de Soriana con una recomendación de Venta y un Precio SORIANA Objetivo (PO) de $27.0 para finales de 2020. Para 2020, estimamos que Soriana presentará un crecimiento en Ingresos y Ebitda de 2.0% y 4.0% respectivamente vs 2019e. El alza en Sector Minorista Ingresos provendría principalmente del desempeño de las Ventas Mismas Tiendas, las cuales Compañía mexicana que opera en los esquemas de venta al mayoreo, medio mayoreo y menudeo en podrían incrementar 1.8%. Asimismo, esperamos la incorporación 4 tiendas. Por otra parte, México, gracias a su estrategia multi-formato. estimamos que los Márgenes Operativo y Ebitda se ubicarán en 5.7% y 7.8% hacia finales de Precio Objetivo 2020 $27.0 2020, implicando ligeras expansiones de +20pb vs 2019e, las cuales podrían deberse a una Precio Actual $24.5 disminución en los Gastos Operativos. Además, calculamos que la Utilidad Neta podría crecer 6.3% en 2020, implicando un alza de +10pb del Margen Neto, el cual podría situarse en 2.0%. % Rendimiento Estimado 10.2% Recomendación Venta Crecimiento Moderado en el Largo Plazo Para los próximos 5 años, la empresa podría presentar una TCAC en Ingresos y Ebitda de 1.8% y 3.7% respectivamente, en dónde las VMT podrían crecer 1.6% en promedio anualmente.
    [Show full text]
  • Relación De Tarjetas De Soriana, Bancomer Y Telefónicas
    Relación de Tarjetas pláscas de Soriana, Bancomer y telefónicas ESTADO EMPRESA TIPO TOTAL BAJA CALIFORNIA PREMIA PLATINO PVEM 1 BAJA CALIFORNIA PREMIA PLATINO PVEM 1 BAJA CALIFORNIA PREMIA PLATINO PVEM 3 BAJA CALIFORNIA PREMIA PLATINO PVEM 1 BAJA CALIFORNIA SORIANA APRECIO POR TI 4 BAJA CALIFORNIA PREMIA PLATINO PVEM 1 BAJA CALIFORNIA PREMIA PLATINO PVEM 1 BAJA CALIFORNIA PREMIA PLATINO PVEM 1 BAJA CALIFORNIA PREMIA PLATINO PVEM 1 BAJA CALIFORNIA PREMIA PLATINO PVEM 1 CHIAPAS TARJETA TELEFÓNICA MARKCOM PEÑA NIETO PRESIDENTE 5 CHIHUAHUA TARJETA TELEFÓNICA MARKCOM MI COMROMISO ES CONTIGO Y CON TODO MÉXICO 3 CHIHUAHUA TARJETA PREMIA PLATINO VERDE PREMIA PLATINO 1 COAHUILA PREMIA PLATINO PARTIDO VERDE 1 COAHUILA PREMIA PLATINO PARTIDO VERDE 1 COAHUILA PREMIA PLATINO PARTIDO VERDE 1 COAHUILA PREMIA PLATINO PARTIDO VERDE 1 COAHUILA PREMIA PLATINO PARTIDO VERDE 1 COAHUILA PREMIA PLATINO PARTIDO VERDE 1 COAHUILA PREMIA PLATINO PARTIDO VERDE 1 COAHUILA MARK COM COALICIÓN 1 DF MARK COM MI COMPROMISO ES CONTIGO 140 DF MARK COM POR UN MÉXICO EXITOSO 109 DF MARK COM PEÑA NIETO PRESIDENTE 86 DF MARK COM PAISAJE 8 DF SORIANA A PRECIO POR TI CTM 218 DF SORIANA A PRECIO POR TI 94 DF COMERCIAL MEXICANA MONEDERO NARANJA 2 DF PREMIA PLATIA VERDE 1 DF PREMIA PLATIA VERDE 1 DF PREMIA PLATIA VERDE 1 DF PREMIA PLATIA VERDE 1 DF PREMIA PLATIA VERDE 1 DF PREMIA PLATIA VERDE 1 DF PREMIA PLATIA VERDE 1 DF PREMIA PLATIA VERDE 1 DF PREMIA PLATIA VERDE 1 DF PREMIA PLATIA VERDE 1 DF PREMIA PLATIA VERDE 1 DF PREMIA PLATIA VERDE 1 DF PREMIA PLATIA VERDE 1 DF PREMIA PLATIA
    [Show full text]
  • Grocery Shopping Cancun and Playa Del Carmen
    Cancun Grocery Stores Sam's Club | Soriana | Superama | La Europea | Costco We suggest the Cumbres Plaza, Sam's Club, Superama (Food Only Wal-Mart), La Europea (Liquor & Wine) 27 mi from Playa Del Secreto, located right on the main Highway (307) 7 miles north of airport exit. Sam's Club - Cumbres Plaza, Cancun Superama (Food Only Wal-Mart) - Cumbres Plaza, Cancun La Europea (Liquor & Wine) - Cumbres Plaza, Cancun Driving Directions 1. Leaving Playa Del Secreto Turn Right (North) on Highway (307) going towards Cancun (North) 2. You will go over 2 Overpasses and pass the Cancun Airport Exit - 18.1 mi 3. You will then come to an Underpass, keep going straight, you will pass the Cumbres Plaza on right, get in right side lane, continue to the 2nd Light use the U turn to go back to Cumbres Plaza you will see the Sam's Club sign. - 7.8 mi 1 Google Map and Driving Directions from Playa Del Secreto Wal-Mart | DAC | Mega | Covi | Sam's Club | Soriana | Superama | La Europea | Costco ©2012 Turquoise Water Rentals | PUERTOMORELOSVILLAS.COM | MEXICOVACATIONVILLAS.COM |CANCUNHOMES.COM | BEACHRENTALSPLAYADELCARMEN.COM Costco, Cancun Mega - Comercial Mexicana, Cancun (next to Costco) Driving Directions 1. Leaving Playa Del Secreto Turn Right (North) on Highway (307) going towards Cancun (North) 2. You will go over 2 Overpasses and pass the Cancun Airport Exit - 18.1 mi 3. You will then come to an Underpass, keep going straight, you will pass the Cumbres Plaza on right, get in right side lane, continue to the 2nd Light use the U turn to go back to Cumbres Plaza you will see the Sam's Club sign.
    [Show full text]
  • Tiendas Demostradoras Huggies.Xlsx
    No. SUC FORMATO NOMBRE DIRECCION CIUDAD 3400 BODEGA BA DELICIAS BLVD DELICIAS SUR # 14951 TIJUANA 1421 BODEGA BA MEXICALI SURESTE CALZ GUSTAVO VILDOSOLA CASTRO MEXICALI 1091 LEY ABASTOS CALZADA H. COLEGIO MILITAR #3655 CULIACAN 1002 LEY RUBI AV. RUBÍ 247 NTE CULIACAN 1280 LEY EL CARRIZO LÁZARO CÁRDENAS 444 SUR, COL.VILLA GUSTAVO DÍAZ ORDAZ CULIACAN 926 SORIANA HIPER TIJUANA CARRUSEL DIAZ ORDAZ 15602 LAS BRISAS TIJUANA 112 SORIANA HIPER PROGRESO BLVD. PROGRESO Y BLVD. SOLIDARIDAD 663 SOLIDARIDAD HERMOSILLO 502 SORIANA SUPER TIJUANA VILLA FONTANA BLVD. CUCAPAH VILLA FONTANA TIJUANA 5700 SUPERCENTER SC MEXICO 68 AV GRAL ALVARO OBREGON # 2891 CULIACAN 2379 SUPERCENTER SC CULIACAN AV REGIONAL # 1330 NTE CULIACAN 1585SUPERCENTER SC LA ISLA AV TACHICHILTE NTE # 1233 CULIACAN 2053 SUPERCENTER SC BLVD COLOSIO BLVD LUIS DONALDO COLOSIO 867 HERMOSILLO 2303 SUPERCENTER SC HERMOSILLO PASEO RIO SONORA SUR # 37 LT A HERMOSILLO 468 SORIANA MERCADO MIRASIERRA BOULEVARD FUNDADORES 7540 SAN JOSÉ LOS CERRITOS SALTILLO 121 SORIANA HIPER ECHEVERRIA BLVD. LUIS ECHEVERRÍA 630 SALTILLO 3729 BODEGA BA FUNDADORES BLVD FUNDADORES # 3565 SALTILLO 4045 BODEGA BA LOMAS DEL BOSQUE BLVD MIRASIERRA # 202 SALTILLO 3 SORIANA HIPER ESCOBEDO AV. PARQUE INDUSTRIAL 201 LOS GIRASOLES 2O. SECTOR MONTERREY 7 SORIANA HIPER CONTRY AV. EUGENIO GAZA SADA Y ALFONSO REYES 745 CONTRY MONTERREY 12 SORIANA HIPER SAN NICOLAS AV. ALFONSO REYES Y FRAY BARTOLOMÉ DE LAS CASAS 601 EL ROBLE MONTERREY 24 SORIANA HIPER CUMBRES ALEJANDRO DE RODAS 3102-A CUMBRES 8TVO. SECTOR MONTERREY 50 SORIANA HIPER FRESNOS MANUEL HERRERA 101 LAS PRADERAS MONTERREY 92 SORIANA HIPER SOLIDARIDAD LUIS DONALDO COLOSIO 1900 BARRIO DE SAN LUIS MONTERREY 111 SORIANA HIPER HUINALA CARRETERA A HUINALÁ Y AV.TELÉFONOS 1300 HACIENDA DE HUINALÁ MONTERREY 161 SORIANA HIPER VALLE SOLEADO CARRETERA A DULCES NOMBRES 400 VALLE SOLEADO MONTERREY 659 SORIANA HIPER SENDERO LA FE AV.
    [Show full text]
  • Estado Localidad Cadena Nombre Sucursal Sanders San Lorenzo Soriana Libramiento Cd
    ESTADO LOCALIDAD CADENA NOMBRE SUCURSAL SANDERS SAN LORENZO SORIANA LIBRAMIENTO CD. JÚAREZ SENDERO LAS TORRES SC TORRES DEL SUR SUPERCENTER SC CD.JUAREZ CHIHUAHUA SORIANA UNIVERSIDAD CHIHUAHUA SC CHIHUAHUA SUPERCENTER FUENTES MARES BA SALTILLO BODEGA AURRERA SALTILLO BA FUNDADORES SORIANA FRANCISCO COSS BODEGA AURRERA BA DELTA GUANAJUATO LEÓN SORIANA MALECON SUPERCENTER SC LEON TORRES LANDA BA SANTA MARGARITA BA 8 DE JULIO BODEGA AURRERA BA ATEMAJAC SANTA PAULA BA MATATLAN CHEDRAUI LOMAS CHEDRAUI GUADALAJARA VALLARTA COMEX MEGA NUEVA GALICIA OBLATOS ESTADIO JALISCO GUADALAJARA SORIANA TORRES AGUILAS ZAPOPAN SC COLON SC TONALA SC 16 DE SEPTIEMBRE SC REVOLUCION SUPERCENTER SC AVILA CAMACHO SC GUADALAJARA PARQUES SC NILO LOMAS D L PAJAROS SC LOPEZ MATEOS SUR CUERNAVACA SUPERCENTER SC JIUTEPEC BODEGA AURRERA BA PILARES CHEDRAUI TOLUCA ALFREDO DEL MAZO COMEX MEGA METEPEC SORIANA SENDERO TOLUCA MÉXICO TOLUCA SC ZINACANTEPEC SC ALFREDO DEL MAZO SUPERCENTER SC TOLUCA SC METEPEC SC SANTIN BODEGA AURRERA BA MORELOS MEGA JIUTEPEC COMEX MORELOS CUERNAVACA MEGA LA SELVA MORELOS CUERNAVACA PARAISO SUPERCENTER SC LOS ATRIOS BA DIAZ BERLANGA BODEGA AURRERA BA ESCOBEDO SENDERO ESCOBEDO ESCOBEDO LAS QUINTAS LA FE CONTRY SANTO DOMINGO SORIANA VALLE SOLEADO NUEVO LEÓN MONTERREY SANTA CRUZ SOLIDARIDAD SENDERO LINCOLN LA PUERTA SENDERO APODACA COLOSIO SC ELOY CAVAZOS SUPERCENTER SC GUADALUPE NVO LEON SC LA PASTORA BA XILOTZINGO BA XONACA BA PUEBLA MARGARITAS BODEGA AURRERA BA PUEBLA MAYORAZGO BA PUEBLA 11 SUR BA ORIENTE ANGELOPOLIS PUEBLA PUEBLA PUEBLA CRYSTAL
    [Show full text]