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.
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Retail sales Food and Beverages Other