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Sears has 92 stores across the country, including 25 in Greater Mexico City (14 in Mexico City proper, 11 in the suburbs in the State of Mexico). The remaining 67 stores are spread across the country from Tijuana to Cancún, with a presence in all 32 states except Campeche.
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.
Nearly 100 stores throughout Mexico operate under Sanborns, many of which are being remodeled, and three of these are even brand new. Sears Mexico's total sales have also been growing year...
Sears has more than 97 stores and more than 870 thousand square meters of sales area, with a geographical distribution in Mexico and including one store in El Salvador.
Jan 21, 2023 · Sears, the iconic chain that came to lead America’s malls, filed for bankruptcy in 2018. By November 2021, it closed its last store in its home state of Illinois, captivated by the rise of e-commerce. In contrast, in Mexico, it seems to be the opposite.
Sears is the second largest department store chain in the Mexican market, operating nearly 3.5 million proprietary credit cards at the end of 2019. This makes it one of the largest non-bank players in Mexico. At the end of 2019, Sears had 98 department stores* equivalent to a combined retail area of 868,576 sqm.
Oct 16, 2018 · Its store count dropped from 1,430 to 1,002 during fiscal 2017, and it’s closed, or announced plans to close, about 300 more stores since the beginning of 2018. In contrast with the original Illinois-based Sears, Sears Mexico “remains strong and maintains a solid financial performance.”
