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| Sears Roebuck de México S.A. de C.V. |
 |
| Type |
Department store |
| Founded |
1947 |
| Headquarters |
Mexico City, Mexico |
| Key people |
Carlos Hajj Aboumrad, (CEO) |
| Industry |
Retail |
| Products |
Clothing, footwear, bedding, furniture, jewelry, beauty products, appliances, housewares, tools, and electronics. |
| Website |
www.sears.com.mx |
Sears Roebuck de México is a department store chain located in Mexico, operating more than 55 stores all over Mexico. Sears México is operated by Grupo Carso.
[edit] History
On February 27, 1947 the first Sears in Mexico City opened, revolutionizing the traditional systems of commercialization and massive exhibition of merchandise, establishing fixed and competitive price policies, instead of implementing the traditional bargaining system.
From 1955 to 1993, Sears opened stores throughout Mexico.
On April 2, 1997 Sears, Roebuck and Company, now owned by Sears Holdings Corporation, formed a strategic alliance with Grupo Carso, owned by Mexican businessman Carlos Slim Helú, through which Sears agreed to sell 60% of its share of Sears Mexico to Grupo Carso, until 1997. As of 2007 Grupo Carso owns an 85% share of the company.
[edit] Locations
[edit] Northern Mexico
[edit] Central & Southern Mexico
[edit] Central America
[edit] Famous locations
[edit] External links
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