Grupo Famsa is a Mexican retail company that owns Famsa department stores, the company was one of the most important retail stores in Mexico. In 2023, the company has operations in Texas with 21 stores and 21 personal loan branches. Until 2022 the company had 379 stores in 78 Mexican cities and 22 stores in Texas and Illinois, where 23% of the Hispanic population of the USA resides. The company has its headquarters in Monterrey, Mexico. It also manufactured furniture and provides banking and credit services, including personal car financing through its Banco Ahorro Famsa. The bank had 359 banking branches within its stores in Mexico until 2020 when the service was liquidated. In Famsa locations in the United States, customers can order deliveries of goods to locations in the United States and Mexico. In addition, Famsa is in the footwear catalog business. The company serves wholesale and retail customers through retail branches and wholesale warehouses. The company was founded in 1970 in Monterrey. In 2023, Grupo Famsa closed 69 stores, the 3 remaining Famsa stores remained opened with the last one in Colón avenue closing on March 31, 2023. Wikipedia