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BLANES, SA DE CV ANNOUNCES CONVERSION OF BLANCO SUCESORES

 BLANES, SA DE CV ANNOUNCES CONVERSION OF BLANCO SUCESORES
 MEXICO CITY, Oct. 8 /PRNewswire/ -- Blanes, S.A. de C.V., announced it would begin to convert its subsidiary Blanco Sucesores, S.A. de C.V., stores in order to form a new division, "Bodegas Gigante."
 The Blanco Sucesores, S.A. de C.V., transition will take place during October and November 1992, when more than 25 Blanco stores will be refurbished and reopen as "Bodegas Gigante." These stores are located in Mexico City and its metropolitan area and in various cities throughout the country. "Bodegas Gigante" has its own operating organization and function under the legal name Blanco Sucesores, S.A. de C.V.
 The opening of these stores is an important change for Blanes, S.A. de C.V. After today its self-service operations will begin under a distinct, traditional store format.
 The following good quality, inexpensive products will be offered in Bodegas Gigante: packaged goods, cold cuts, fruits and vegetables, meats, general merchandise and clot?
 In the near future, this division of Bodegas Gigante will be integrated in Grupo Gigante, a company with dynamic national growth, which confirms its confidence in Mexico's progress and renews its promise to be the best option in self-service for the consumer.
 -0- 10/8/92
 /CONTACT: Juan Carlos Mateos, deputy planning director of Grupo Gigante, 52-5-250-0789, or Fern Lazar or John McInerney of Dewe Rogerson Inc., 212-688-6840, for Blanes, S.A. de C.V., Blanco Sucesores/ CO: Blanes, S.A. de C.V., Blanco Sucesores ST: Mexico City IN: FOD SU:


PS-OS -- NY097 -- 8056 10/08/92 16:33 EDT
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Publication:PR Newswire
Date:Oct 8, 1992
Words:268
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