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Sears (1947–1997) Grupo Sanborns (2007–present) Website. sears .com .mx. Sears Operadora México, S.A. de C.V. ( Spanish pronunciation: [ˈseaɾs]) is a department store chain located in Mexico, operating 92 stores all over Mexico as of 2022. [1] Sears México is operated by Grupo Sanborns, [2] a division of Grupo Carso .
Sears opened its first store in Mexico City in 1947; the Mexican stores would later spin off into Sears Mexico, now owned by billionaire Carlos Slim 's Grupo Sanborns, which by the end of 2022 operated 97 stores across Mexico. [1] Sears had sales of US$78 million in Latin America in 1953. Over time, Sears expanded into: [2] [3] Operated 1976 ...
SFA Polanco (opened 2010, closed 2020) at Plaza Carso Mexico City 2015. Grupo Sanborns is a retailing arm of the Carlos Slim -run Grupo Carso that includes the namesake Sanborns restaurant and junior department store chain, Mixup music stores, iShop Apple /electronics stores, Sears department stores in Mexico, and until October 2023, Mexico's ...
As Sears US struggles to keep its head above water, Sears Mexico has as much of a solid footing in the country's retail market as any of its competitors.
Carlos Slim. Carlos Slim Helú ( Spanish pronunciation: [ˈkaɾlos esˈlin eˈlu; - esˈlim -]; [1] born 28 January 1940) is a Mexican business magnate, investor, and philanthropist. [2] [3] From 2010 to 2013, Slim was ranked as the richest person in the world by Forbes business magazine. [4] [5] He derived his fortune from his extensive ...
Shopping centers in Mexico are classified into six different types: Super-regional shopping center with 90,000+ sqm GLA. These typically have 3 or more full-line department store anchors (e.g. Liverpool , El Palacio de Hierro , Sears ) and feature merchandise in the luxury, premium and AAA categories.
Sears building in the Edificio La Nacional building in Mexico City, across from the Palacio de Bellas Artes Sears has struggled with employee relations. One notable example was the shift in 1992 from an hourly wage based on longevity to a base wage (usually between US$3.50 and US$6 per hour) and commissions ranging from 0.5% to 11%.
Plaza Insurgentes. Plaza Insurgentes is an enclosed neighborhood shopping center along Avenida Insurgentes in Colonia Roma, Mexico City. It opened in 1999 on the site of the first Sears Mexico store which had opened in 1947 and was subdivided to add mall stores. When the Sears was built, it was far from the upscale shopping districts at that ...
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