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Home > Company Index > Retail > Grocery Retailing > Organización Soriana, S.A. de C.V.

Organización Soriana, S.A. de C.V.
 PROFILE
Peso-pinching shoppers in Mexico can't miss Organización Soriana's huge stores. Founded in 1905 as a small family business in Torreón, Mexico, the company has grown into one of Mexico's largest retailers, with about 100 hypermarkets (huge stores that sell both food and general merchandise). Its stores have been located primarily in northern Mexico, but Soriana has been adding stores in central and southern Mexico, as well. The chain targets price-oriented consumers with name-brand and private-label food, clothing, housewares, and health care products, and it helps provide housing for its employees. The families of cousins CEO Ricardo Martín Bringas and VC Alberto Martín Soberón own most of the company and help run it.

 COMPETITION
Controladora Comercial Mexicana, S.A. de C.V. (MCM)
Grupo Gigante, S.A. de C.V. (dossier)
Wal-Mart de México, S.A. de C.V. (WMMVY)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2,627.40
1-Yr. Sales Growth: 20.7%
Employees: 23,730
Revenue per employee: $110,720.61

 KEY PEOPLE
• Ricardo Martín Bringas
    CEO
• Aurelio Adán Hernández
    CFO

 CONTACT INFO
Alejandro de Rodas 3102-A, Colonia Cumbres
64610 Monterrey, Mexico
Phone: 52-8-329-9000
Fax: 52-8-329-9127
Online: Web Site

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