Tiendas Extra, S.A. de C.V. | |
Type: | Subsidiary |
Foundation: | 1993 |
Location: | México, Distrito Federal, Mexico |
Industry: | Convenience stores |
Parent: | Grupo Modelo |
Homepage: | http://www.extra.com.mx |
Extra was a Mexican convenience store chain owned by Grupo Modelo, which started operations in 1993. In 2007 the chain closed 650 stores[1] and in 2009 started another restructuring plan.[2] It competes fiercely with OXXO from Femsa, 7-Eleven from Casa Chapa, SuperCity from Soriana and Circle K from Alimentation Couche-Tard. The point of sale is provided by IBM.[3] In 2014, Grupo Modelo, a brewery owned by AB InBev, sold its Extra stores to Couche-Tard.[4] [5]