[ad_1]
Sears, the second-largest department store chain, reached 3.2 million of its own credit cards in 2017, thus remaining one of the largest non-bank players in Mexico.
By the end of the year, Sears had 95 departmental stores and three stores, totaling 828,863 square meters of retail space.
In the past year, Sears reported sales of 25,416 million pesos, representing 51% of total sales and 57% of Grupo Sanborns' consolidated EBITDA.
The most important events of the year were the opening of two stores: Portal San Ángel and Querétaro La Victoria, along with temporary closures and the total closure of the store. of Galerías Coapa due to the earthquake in Mexico City
In terms of sales via e-commerce, the number of items offered on the portal www.sears.com.mx has increased and percentage of stores having a service online shopping and a collection of "click-and-collect" stores
Grupo Sanborns net profit decreased by 11.4% in 2017 to reach 3 958 million pesos against 4 466 million pesos . pesos in 2016.
In 2017, the parent company's expansion plan included the opening of two Sears stores, a Sanborns and six iShops. The number of remodels was a Sanborns and six iShop. The capital investments of the Group amounted to 1,584 million pesos
Taking into account all the Group's formats, it closed the year with 443 units, of which the commercial area reached one million 207,000 square meters
. debt at December 31, 2017, while the amount of cash amounted to 1,925 million pesos, compared to 1,714 at the end of December 2016. This increase of 210 million pesos is explained inter alia by the 39, increase in work and debt with suppliers.
In 2017, sales of Grupo Sanborns increased 4.6% to a total of 49,768 million pesos, an increase of 2,174 million pesos. Sears, Sanborns, Promusa and other formats contributed 51%, 25%, 17% and 7% of sales, respectively. Same store sales increased 2.3% over the year.
Information
Source link
