Organización Soriana, S.A.B. de C.V.

Alejandro de Rodas 3102-A, Colonia Cumbres 8th Sector
64610 Monterrey, Mexico
Phone: +52-81-8329-9000
Fax: +52-81-8329-9127
http://www.soriana.com.mx

Overview

Peso-pinching shoppers in Mexico can't miss Organización Soriana's huge stores. Founded in 1968, the company is Mexico's second-largest retailer based on sales (behind Wal-Mart de México), with about 455 hypermarkets (huge stores that sell both food and general merchandise) and supermarkets in 120-plus Mexican cities and now the US. Its stores have been located primarily in northern Mexico, but Soriana has been adding stores in central and southern Mexico as well. In 2007 the grocer acquired about 200 stores in Mexico from its smaller rival Grupo Gigante for about $1.35 billion. The families of cousins CEO Ricardo Martín Bringas and director Alberto Martín Soberón own most of the company and help run it.

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Key Numbers from Hoover's UK

Key financials for Organización Soriana, S.A.B. de C.V.

Company Type Public (Mexican: SORIANA)
Fiscal Year-End December
2008 Sales (mil.) £4,792.1
1-Year Sales Growth 16.3%
2008 Net Income (mil.) £86.4
1-Year Net Income Growth (56.4%)
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Key People from Hoover's UK

Key people and executives for Organización Soriana, S.A.B. de C.V.

Chairman Francisco Javier Martín Bringas
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COO Alejandro Córdoba Ruíz
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CFO Aurelio O. Adán Hernández
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Top Competitors from Hoover's UK

Top competitors of Organización Soriana, S.A.B. de C.V.

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Industry Information from Hoover's UK

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Rankings from Hoover's UK

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