Mexico

Sears Operadora Mexico S.A de C.V.

An EMIS Company Report EMIS is a Euromoney Institutional Investor plc company USD 9.95 Industry: General Merchandise Stores Available in: English & Spanish Format: PDF Download Most recent financial data: 2011 Buy full report

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Contact Information

Headquarters
Lago Zurich No. 245, Edificio Presa Falcon, Piso 7, Colonia Ampliacion Granada
Puebla; Baja California; Map
Postal Code: 11529

Tel: +52 55 836 82

Email:
@sears.com.mx

Website:
http://www.sears.com.mx

Company Description
Sears Operadora México S.A. de C.V., manages "Sears", a department stores chain in Mexico. It was created on December 31, 2010 as a result of the "Sears Roebuck de Mexico" spinoff. That spinoff was part of the corporate reorganization of Grupo Carso, which authorized the separation of some of its real estate assets for inclusion in a new partnership with these properties and whose shares are traded on the Mexican Stock Exchange. The new company has the same characteristics, operations and assets than Sears Roebuck Mexico, except for its real estate assets and consequently the revenues came from it. Sears Operadora Mexico is also a subsidiary of Grupo Sanborns, which in turn is a subsidiary of Grupo Carso. In February of 1947, Sears opened its first store in Mexico City. Currently it owns more than 77 department stores operating in the Mexico City's Area, Monterrey and San Luis Potosi.
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