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Soriana 1920s logo. The very first Soriana store. The Soriana company has its origins in 1905, the year in which Don Pascual Borque (from Soria, Spain) founded a fabric business and perfumery under the name 'LA SORIANA' in Torreón, Coahuila, later incorporating in 1920, a wholesale merchandise offer, which with this became a benchmark in terms of purchases and consumption in Torreón.
Costco Wholesale Corporation is an American multinational corporation which operates a chain of membership-only big-box warehouse club retail stores. [4] As of 2021, Costco is the third-largest retailer in the world [5] and is the world's largest retailer of choice and prime beef, organic foods, rotisserie chicken, and wine as of 2016. [6]
Revenue. US$2.9billion (2016) [1] Number of employees. 7,903 [2] (2017) Website. pricesmart.com. PriceSmart, Inc. is an American operator of membership warehouse clubs in Central America, the Caribbean, and South America. PriceSmart was founded by Sol and Robert Price, founders of The Price Club; Robert Price is chairman of the board.
City Market. Fresko. MEGA. Sumesa. Costco 50–50 joint venture with Comercial Mexicana. Grupo Chedraui. H-E-B Mexico - wholly owned subsidiary of the H.E.Butt Grocery Company, San Antonio, Texas. Organización Soriana operates: City Club.
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On July 17, 2002, Tiendas Soriana began to implement its multi-format strategy and with this the price club format was created under the name City Club.Like Tiendas Soriana (its owner), its first branch was opened to the public in the city of Torreón, Coahuila, where the brand would later begin to venture into various cities in the country, such as Monclova, Chihuahua, Saltillo, Colima ...
The company eventually expanded to 94 locations throughout the United States, Canada, and Mexico (in joint venture with Controladora Comercial Mexicana). In 1992, Price Club generated $6.6 billion in revenue and $134.1 million in profit. [6] In 1993, Price Club merged with its rival Costco [7] [8] and the combined company was known as ...
Shopping centers in Mexico are classified into six different types: [1] Super-regional shopping center with 90,000+ sqm GLA. These typically have 3 or more full-line department store anchors (e.g. Liverpool , El Palacio de Hierro , Sears ) and feature merchandise in the luxury, premium and AAA categories.