Grupo Famsa was once Mexico's great family-owned furniture-and-credit empire, a Monterrey institution that stretched from Chihuahua to Chicago. By March 2023, its last store had closed; what remains is a ghost on the stock exchange — shares suspended, the business liquidated. Full nameGrupo Famsa, S.A.B. de C.V. Ticker / ExchangeGFAMSAA — BMV (suspended May 2023) HeadquartersMonterrey, Nuevo León, Mexico SectorConsumer Cyclical — Department Stores Employees2,072 (last reported) Market valueMXN 18.5M (~$1,065 USD) — effectively nil Yearly sales (TTM revenue)MXN 2.11B (~$121.7M USD) Net profitDeeply negative; 2021 net loss MXN 3.96B …
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