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Grupo Sanborns

Grupo Sanborns S.A. de C.V.
Company typePrivate
Founded1903; 121 years ago (1903)
HeadquartersMexico City, Mexico
Key people
Carlos Slim Domit (CEO)
ProductsCafeteria, Restaurant, Retail, Pharmacy, Department Store
OwnerGrupo Carso
Number of employees
18,000+
ParentGrupo Carso
SubsidiariesDAX
eduMac
Grupo Sanborns
Mixup
iShop-Mixup
Pam-Pam
Sanborns Café
Sears Roebuck México
Websitesanborns.com.mx
Inside Sanborns restaurant and department store, in the Casa de los Azulejos, Historic center of Mexico City
The freestanding Sears Mexico store on Avenida Juárez in the Historic center of Mexico City
Mixup music store
DAX Plaza Río Tijuana, 2023
SFA Polanco (opened 2010, closed 2020) at Plaza Carso Mexico City 2015

Grupo Sanborns is a retailing arm of the Carlos Slim-run Grupo Carso that includes the namesake Sanborns restaurant and junior department store chain, Mixup music stores, iShop Apple/electronics stores, Sears department stores in Mexico, and until October 2023, Mexico's sole Saks Fifth Avenue store.[1][2][3][4][5]

As of 2021, the group sales were 53 billion Mexican pesos, equivalent to around US$2.6 billion. It operated in 62 metropolitan areas and towns across the country, with formats including:

  • 197 Sanborns restaurant-and-retail stores and Sanborns Cafés (stand-alone restaurants)
  • 141 Mixup (music/video) and iShop (official Apple reseller) stores (usually located next to each other)
  • 97 Sears full-line, mid-range department stores

It is headed up by Patricio Slim Domit, son of Carlos Slim.[6]

Divisions

As of end of 2020, there are the following divisions:[7]

  • Sears
  • Sanborns, see below
  • iShopMixup
  • Other formats, see below

Sanborns division

The Sanborns division as of December 2020 included:[7]

"Other formats" division

  • Two shopping malls, Plaza Loreto and Plaza Inbursa
  • One Sears store in El Salvador
  • ClaroShop e-commerce portal

Formerly included

  • Three Boutiques
  • Three Sanborns stores in Central America (now closed)

Sanborns

Main article: Sanborns

iShop

Main article: iShop

A chain of consumer electronics stores focusing on Apple computers, smartphones and accessories. Certified Apple Premium reseller.[8]

Mixup

Main article: Mixup

A chain of music stores across Mexico, often as joint Mixup/iShop stores.

Sears Mexico

Main article: Sears Mexico

DAX

Main article: DAX (store)

Defunct group businesses

Saks Fifth Avenue

From 2007 until 2023, the group operated the only Saks Fifth Avenue stores in Mexico, both in Mexico City, one at Plaza Carso mall in Nuevo Polanco from 2010 to 2020, the other at Centro Santa Fe from 2007 to 2023.[1] Deciding not to renew its Saks franchise, the group will convert it to a Sears.[9]

References

  1. ^ a b "Formatos de Negocios ("Business Formats")". Grupo Sanborns (in Spanish). Retrieved October 29, 2023.
  2. ^ "Saks Fifth Avenue debuts in Mexico". Chain Store Age. Retrieved 2022-10-30.
  3. ^ "Saks Fifth Avenue Mobile". www.saksfifthavenue.com. Retrieved 2022-10-30.
  4. ^ "Saks Expands Presence in Mexico City". Visual Merchandising and Store Design. 2010-10-21. Retrieved 2022-10-30.
  5. ^ MX, FashionNetwork com. "Saks Fifth Avenue cerrará sus puertas en México el próximo octubre". FashionNetwork.com (in Mexican Spanish). Retrieved 2022-10-30.
  6. ^ "Patrick Slim Domit | BoF 500 | The People Shaping the Global Fashion Industry". The Business of Fashion. Retrieved 11 January 2024.
  7. ^ a b “Formatos”, Grupo Sanborns, accessed 12 January 2024
  8. ^ iShop Mixup official website
  9. ^ Title: Carlos Slim se despide de Saks Fifth Avenue en México
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