What Does Famsa Do?

Total employees3400
HeadquartersMonterrey
Founded1970

Famsa (Grupo Famsa, S.A.B. de C.V.) is a Mexican retail company primarily engaged in the sale of household appliances, electronics, furniture, clothing, and other consumer goods. Founded in 1970 in Monterrey, Mexico, Famsa grew to operate a large network of stores across Mexico and, for a time, in the United States (Famsa USA). The company also offered financial services, including consumer loans and credit cards through its Banco Ahorro Famsa. In recent years, Famsa has faced significant financial challenges, leading to a commercial bankruptcy process ('concurso mercantil') in Mexico, the liquidation of its US operations, and the revocation of its banking license. The company has been undergoing a severe restructuring to attempt to maintain some level of operation.

Where Is Famsa's Headquarters?

HQ Function

The headquarters serves as the central administrative and strategic decision-making center for Famsa's remaining operations, overseeing finance, merchandising, logistics, and corporate governance.

Notable Features:

Likely a prominent office building in Monterrey, reflecting its historical significance as a major retailer, though current utilization might be reduced due to restructuring.

Work Culture:

Historically, the culture would have been dynamic and sales-driven, typical of a large retail organization. In recent years, the atmosphere has likely been characterized by uncertainty, crisis management, and intensive restructuring efforts.

HQ Significance:

Monterrey is Famsa's birthplace and has remained its operational core. The headquarters symbolizes the company's long history in Mexican retail, despite its recent financial struggles.

Values Reflected in HQ: Historically, the headquarters might have represented ambition and market reach. Currently, it reflects a fight for survival and adaptation in a challenging economic landscape.

Location:

Famsa's operations are currently concentrated in Mexico. Historically, the company had a significant presence in the United States, particularly in Texas and California, under the Famsa USA banner. However, these US operations were liquidated as part of the company's broader financial restructuring. Its primary focus now is on its domestic Mexican market.

Street Address:

Av. Pino Suárez Nte. 1100, Centro

City:

Monterrey

State/Province:

Nuevo León

Country:

Mexico

Where Else Does Famsa Operate Around the World?

Various cities, Mexico

Address: Multiple retail store locations and regional distribution centers across Mexico (network significantly reduced).

To serve local consumer markets with retail goods and manage regional logistics and supply chains for the remaining store network.

Buying Intent Signals for Famsa

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Famsa? Meet the Executive Team

As of April 2025, Famsa' leadership includes:

Humberto Garza González (Historically) - Former Chairman of the Board / Key Figure (Note: Current leadership is heavily influenced by restructuring administrators and may have changed significantly)
Luis Gerardo Villarreal Rosales (Reported as of early 2023) - General Director (CEO equivalent) (Note: Subject to change given ongoing restructuring)

Who's Investing in Famsa?

Famsa has been backed by several prominent investors over the years, including:

Historically, Grupo Famsa was a publicly traded company on the Bolsa Mexicana de Valores (BMV) under the ticker GFAMSA. The Garza family was a significant founding and controlling shareholder. Due to its 'concurso mercantil' (bankruptcy) and subsequent delisting/suspension, the current investor and creditor structure is complex and managed under bankruptcy proceedings.

What Leadership Changes Has Famsa Seen Recently?

Hire0
Exits0

Famsa has been undergoing a 'concurso mercantil' (commercial bankruptcy) process. This period is typically marked by significant internal restructuring, which can include leadership changes. However, specific high-profile executive hires or exits in the last 12 months are not widely publicized, as the company's focus is on navigating its financial crisis and operational downsizing. Any changes are likely tied to the restructuring plan and creditor agreements.

What Technology (Tech Stack) Is Used byFamsa?

Discover the tools Famsa uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Famsa Email Formats and Examples

Famsa's corporate email addresses typically use the famsa.com domain. Common formats include first initial followed by last name, or first name followed by a period and then last name.

[first_initial][last]@famsa.com or [first].[last]@famsa.com

Format

jdoe@famsa.com or john.doe@famsa.com

Example

55%

Success rate

What's the Latest News About Famsa?

Forbes MéxicoDecember 1, 2023

Famsa pide prórroga para su concurso mercantil; busca acuerdo con acreedores

Famsa requested an extension of its commercial bankruptcy ('concurso mercantil') period to continue negotiating an agreement with its creditors. The company aims to finalize a restructuring plan to address its debts and ensure its viability....more

El EconomistaApril 3, 2023

Famsa logra convenio con acreedores y salva concurso mercantil

An earlier report stated Famsa had reached an agreement with creditors to exit its commercial bankruptcy. However, later reports (like the Forbes one) indicate ongoing negotiations and extensions, suggesting the situation remains fluid and complex....more

ReutersOctober 27, 2022

Mexican retailer Famsa files for bankruptcy protection

Grupo Famsa filed for bankruptcy protection in Mexico, citing adverse business conditions and liquidity constraints. This followed the earlier bankruptcy and liquidation of its U.S. unit and the revocation of its banking license in Mexico....more

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