Introduction to City Club and its Expansion in Cancun
City Club, a prominent retail chain in Mexico, has announced an investment of 269 million pesos to open a new store in Cancun, located on Avenida Huayacán. This strategic move marks the second City Club location in Cancun and the third store in Quintana Roo, bringing the total number of stores across the country to 41.
About City Club
City Club is a well-known retail chain in Mexico, offering a wide range of products from groceries to electronics and home appliances. The company has been expanding its presence across the country, focusing on providing customers with a diverse shopping experience and competitive prices.
New Store Details and Impact
The new Cancun store will span 9,495 square meters of sales floor space and is expected to create 161 direct and 100 indirect jobs, as reported by Yovany Lebron Franco Chacón, City Club’s General Director.
Key Features of the New Store
- Specialized Optical Service: The store will offer a dedicated optical service, catering to customers’ eye care needs.
- Live Food Preparation Area: A road show-style module in the food section will feature live preparations such as paella, pasta, and tepanyaki, enhancing the dining experience.
- Seasonal Product Offerings: The store will showcase a wide variety of products tailored for the upcoming second-half-of-the-year seasons, ensuring customers have access to the latest items.
- Member’s Choice Brand Products: An extensive selection of products under City Club’s own brand, Member’s Choice, will be available.
- Exclusive Technology and Home Appliance Launches: The store will feature exclusive launches in technology and home appliances, appealing to tech-savvy customers.
Store Opening and Online Presence
The new City Club store is set to open on September 18th, offering both in-store shopping and an online sales platform through www.cityclub.com.mx. Customers can choose between home delivery or in-store pickup options.
Competitor Activity in Cancun
In a related development, Cien Grupo Inmobiliario recently announced plans to construct a new shopping center in Cancun by 2026. This mixed-use development will combine a wholesale market with a supermarket in the city center, alongside areas for technology, healthcare (with low-cost services), dining, and local shops. The estimated investment for this project is 800 million pesos.
Economic Impact in Cancun
With the new City Club store and Cien Grupo Inmobiliario’s upcoming shopping center, Cancun is set to receive a significant economic boost. The combined investment in these two projects amounts to 1,069 million pesos during the second half of 2023 and early 2026, demonstrating the commitment of these companies to the region’s growth and development.
Key Questions and Answers
- What is the total investment for the new City Club store in Cancun? The investment amounts to 269 million pesos.
- How many jobs will the new store create? The new store is expected to generate 161 direct and 100 indirect jobs.
- What unique features will the new City Club store offer? The store will feature a specialized optical service, live food preparation area, seasonal product offerings, Member’s Choice brand products, and exclusive technology and home appliance launches.
- What is Cien Grupo Inmobiliario’s planned development in Cancun? Cien Grupo Inmobiliario plans to build a mixed-use shopping center with a wholesale market, supermarket, technology areas, healthcare services, dining options, and local shops. The estimated investment is 800 million pesos.
- What is the total investment in Cancun’s retail sector during the second half of 2023 and early 2026? The combined investment in the new City Club store and Cien Grupo Inmobiliario’s shopping center amounts to 1,069 million pesos.
