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Industry Center - Discount, Variety Stores
Industry Center > Discount, Variety Stores > Organización Soriana, S.A.B. de C.V. Company Profile
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Organización Soriana, S.A.B. de C.V. Company Profile
Peso-pinching shoppers in Mexico can't miss Organización Soriana's huge stores. Founded in 1968, the company is Mexico's second-largest retailer based on sales (behind Wal-Mart de México), with about 455 hypermarkets (huge stores that sell both food and general merchandise) and supermarkets in 120-plus Mexican cities and now the US. Its stores have been located primarily in northern Mexico, but Soriana has been adding stores in central and southern Mexico as well. In 2007 the grocer acquired about 200 stores in Mexico from its smaller rival Grupo Gigante for about $1.35 billion. The families of cousins CEO Ricardo Martín Bringas and director Alberto Martín Soberón own most of the company and help run it.
Contact Information
Address: Alejandro de Rodas 3102-A, Colonia Cumbres 8th Sector
64610 Monterrey, Mexico
Phone:+52-81-8329-9000
Fax:+52-81-8329-9127
Financial Highlights
Fiscal Year End:December
Revenue (2008):6939.10 M
Revenue Growth (1 yr):16.30%
Key People
Chairman: Francisco Javier Martín Bringas
CEO and Vice Chairman: Ricardo Martín Bringas
COO: Alejandro Córdoba Ruíz
Industry Information
Sector: Services
Industry: Discount, Variety Stores
Top Competitors
Controladora Comercial Mexicana, S.A.B. de C.V.
H. E. Butt Grocery Company
Wal-Mart de México, S.A.B. de C.V. (wmmvy.pk)
 


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