Organización Soriana, S.A.B. de C.V.
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.
Sample OverviewKey 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 |
| 2007 Sales (mil.) | £2,988.2 |
| 1-Year Sales Growth | 10.6% |
| 2007 Net Income (mil.) | £143.7 |
| 1-Year Net Income Growth | 15.5% |
| 2006 Employees | 60,300 |
| 1-Year Employee Growth | 13.8% |
Key People from Hoover's UK
Key people and executives for Organización Soriana, S.A.B. de C.V.
| Chairman | Francisco Javier Martín Bringas (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| CEO and Vice Chairman | Ricardo Martín Bringas Connect to this executive |
| CFO and Director | Aurelio O. Adán Hernández Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of Organización Soriana, S.A.B. de C.V.
There are 10 competitors for Soriana; see more.Industry Information from Hoover's UK
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More Industry InformationRankings from Hoover's UK
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