Sears in Latin America
Sears expanded into Latin America and Spain starting with a small store in Downtown Havana, Cuba in 1942. Sears opened its first store in Mexico City in 1947; the Mexican stores would later spin off into Sears Mexico, now owned by billionaire Carlos Slim's Grupo Sanborns, which by the end of 2022 operated 97 stores across Mexico.
Sears had sales of US$78 million in Latin America in 1953. Over time, Sears expanded into:
Country | First store |
No. stores 1954 | Presence | Employees 1954 |
Sold/ Closed |
Remarks |
---|---|---|---|---|---|---|
Brazil | 1949 | 3 | 1954: São Paulo, Rio de Janeiro, Santos | 1,638 | 1990s | 11 stores in 1993 when sold to Malzoni and Vendex, became Mappin stores or malls |
Costa Rica | n/a | n/a | n/a | 1982-3 | ||
Colombia | 1953 | 3 | 1954: Baranquilla, Bogotá, Cartagena | 403 | ||
Cuba | 1942 | 6 | 1954: Havana, Cienfuegos, Holguín, Marianao, Santiago | 511 | 1960 | Nationalized 24 October 1960 |
Ecuador | 1999 | 1 | Guayaquil, Albán Borja shopping center | 2003 | In the 1980s, a Saga Sears operated in Ecuador | |
El Salvador | 2010/1 | n/a | n/a | n/a | operating | Still in operation by Mexico's Grupo Sanborns |
Guatemala | 1976, 2000 | n/a | n/a | n/a | 1982-3 | Operated 1976–1982, and again since 2000, with 2 stores: Guatemala City, Quetzaltenango. |
Honduras | ?, 2000 | n/a | n/a | n/a | 1982–3, 2016 | Operated ?-1982/3, and again in 2000-2016 |
Mexico (article) |
1947 | 7 | 1954: Guadalajara, Mérida, Puebla, Mexico City–Colonia Roma, Monterrey, San Luis Potosí, Tampico End 2022: 97 across Mexico. |
2,146 | n/a | Operating with 97 stores as of end 2022. |
Nicaragua | 1965 | n/a | n/a | n/a | 1979 | 1965–1979 |
Panama | ? | n/a | n/a | n/a | 2002 | Operated ?-2002 |
Peru | 1954 | 1 | 1954: Lima | 1991 | Became Saga hen renamed Falabella | |
Puerto Rico (article) |
1961 | n/a | Operated 14 full-line department stores and various other formats over its lifespan. One full-line store remains open as of end 2023. | |||
Spain | 1967 | (1970: 2) | 1970–1983: Barcelona, Madrid | 1983 | Opened in Barcelona 30 March 1967, opened in Madrid 8 April 1970. Closed in January 1983, became Rumasa's Galerías Preciados. | |
Venezuela | 1950 | 6 | 1954: Barquisimeto, Caracas (opened 1950), Maracaibo (opened 1952, 12,000 m2, architect Tomás José Sanabria), Maracay, Puerto La Cruz. (Later also Ciudad Ojeda). | 1,025 | Eventually 3 stores in Caracas: Bello Monte (11,600 m2, Pro-Patria, El Marqués. Acquired by Grupo Cisneros[es]), renamed Maxys, which closed in 1997. |
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