ESP / ENG
Sanborns represents a unique and highly successful concept of retail in Mexico. The format is a leader in sales across multiple categories of services and products, such as books, photography equipment, cell phones and accessories, fragrances and cosmetics. Sanborns is also the second largest chain of bars and restaurants in the Mexican market.
Ps. 0
billion in sales, contributing 24% of total sales and 15% of the consolidated EBITDA of Grupo Sanborns.
At the end of the year, Sanborns had 164 stores and 253,635 sqm of retail area.

 

During 2019 Sanborns recorded sales of Ps. 12.570 billion, contributing 24% of total sales and 15% of the consolidated EBITDA of Grupo Sanborns. Sanborns’ most important strategic activities during the year included improving customer transit in stores, reducing lower-turnover inventories, and increasing the number of proprietary credit cards operated. In the period combined stores were put into operation under the Sanborns-Sears format, while one store was relocated and three stores (which did not meet the Company’s profitability standards) were closed. At the end of the year Sanborns operated 164 stores and maintained 253,635 sqm of retail area in operation. The Company seeks to take advantage of the flow of consumers in its departmental area, as well as reduce its inventories with respect to low turnover and eliminate low performing products.

 

Total sales
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Average sales per sqm
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Sales share by category
Retail sales   Food and Beverages   Other