The Fall of a Giant

Monterrey, Mexico .- The money and the customers are there. Not disappear, only changing hands. That is the phenomenon that has impacted chain Giant supermarkets for more than a decade has been the big loser under the onslaught of WalMart.

And despite the weight of the U.S. firm takes the market, yes, but also gives. And there is the example of step by step HEB has captured important points Monterrey and regional market.

Giant has not run with luck, since it became the Astras and Autodescuento, family owned Garza Calderon and having absorbed the super Azcunaga, the arrival of the Americans hit them.

Thus, from the week before when the shares were revalued headed Giant Angel Losada Moreno, rumors have increased sales and whether the association between La Comercial, Chedraui, Gigante and Soriana to buy cheapest of all, it failed.

The wave of rumors seemed confirmed by the statement by Henry Coopel, owner of the stores that bear his name, saying Soriana and Gigante had bought an undisclosed amount.

It denied Giant retailer said and said they are evaluating to buy or merge. There are also two chain stores of Chilean origin who would be interested in acquiring Giant.

Anyway, in the free market economy the big fish eat little. The respectable likes to see blood and see how big fall. Hence the biblical story of David versus Goliath does not devalue, we like to see the giants fall.

In this plot no epilogue, do not rule that it Chedraui and HEB are offering substantial amounts to the hosts of Angel Losada.

The thermometer is the Stock Exchange, where the suspense revalued the shares of the company ... that could be carrying a market repositioning strategy and ultimately did not sell.

Petty cash ...

It is said, and rightly so, that man must be ugly, strong and formal. Mexicans must remember that this is our property and we become an Argentine journalist Torquemada because he had the idea of ​​saying that in Mexico we are the ugliest in the world.

We should be proud of this distinction even though it was said in a derogatory manner. We are first in ugliness.

By the way the Argentine journalist Jorge Lafauci shows a man who meets other three Fs: puppet and fendejo fedante.

Bearer ...

The PRI is cracked from the September 19, 1985. And now comes Miguel de la Madrid, as envoy of the past passed, to return to obscurantism.