Organización Soriana S A B de C : Mexican same-store retail sales fall 3.0% in August
September 10, 2020 at 01:53 pm EDT
Share
MEXICO CITY, Sept 10 (Reuters) - The members of Mexican
retailers' association ANTAD said on Thursday that same-store
sales fell by 3.0% in August compared with the same month a year
earlier, as the effects of the coronavirus pandemic hit consumer
demand.
The figures reflect sales at over 62,000 stores across
Mexico, including at chains such as Soriana and Chedraui, that
have been open for at least a year.
Retail sales moderated from a 9.1% contraction in July and a
17.9% decrease in June.
(Reporting by Sharay Angulo
Editing by Chris Reese)
Organizacion Soriana SAB de CV is a Mexico-based company primarily engaged in the food retail sector. The Company focuses on the development and management of a network of supermarkets, grocery and discount stores. It retails food, apparel, automotive accessories, sport goods, hardware, garden tools, toys, personal care products and electronic devices, among others. It operates stores under various brand names, such as Soriana Hiper and Mega hypermarkets, Soriana Super and Comercial Mexicana supermarkets, Soriana Express and Super City grocery stores, Soriana Mercado and Bodega discount supermarkets, as well as City Club membership clubs. Furthermore, it offers online shopping and delivery services through Soriana e-commerce platform. The Company operates through a range of subsidiaries, such as Centros Comerciales Soriana SA de CV and Tiendas de Descuento Monterrey SA de CV.
ORGANIZACIÓN SORIANA, S. A. B. DE C. V. 
