business

Sears Mexico, & # 39; growing, powerful and successful & # 39;

Sears Mexico, & # 39; growing, powerful and successful & # 39;

The news has been running for a few months, but it was not until this Thursday when it exploded: Sears may go bankrupt next Sunday. However, it is important to point out an important fact. The retail chain will only follow this course in the United States, which means that Sears will continue to operate normally in Mexico for the peace of mind of its employees and customers.

but, Why is the situation of the brand different in our country? Firstly because Sears is operated in Mexico by Grupo Sanborns, owned by Carlos Slim, and secondly because the company has had a renewal strategy of the commercial director in recent years. Edgar Smolensky (Edy Smol); very different from that followed by the company in the United States.

Edy Smol Photo: EDYSMOL from Instagram

Sears had 21,000 employees in Mexico until September this year

So different are the times that the company lives north and south of the border, that here in Mexico the business group of Carlos Slim reported revenues 11 thousand 317 million pesos in the first semester of 2018, representing 48.6% of the total sales of the group.

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