[5] It also manufactured furniture and provides banking and credit services, including personal car financing through its Banco Ahorro Famsa.
Famsa opened its first United States location in Los Angeles in late 2000.
In 2006 Famsa had 25 U.S. stores; during that year the company planned to open 25 additional United States locations by 2010.
In early 2006 Famsa opened operations in Guatemala and planned to begin deliveries to El Salvador.
[7] On 26 June 2020 Grupo Famsa reported in a statement to the Mexican Stock Exchange that it filed a voluntary application under Chapter 11 of the Bankruptcy Code of the United States[11] In an August 6, 2020 a shareholder meeting authorized a request to file for Chapter 15 Bankruptcy in the United States and bankruptcy in Mexico.