The Future of Sears is Bright (in Mexico)

Not everything about Sears is bad news: you just need to leave the country to find it.

Sears might be on its last legs here in the US, but south of the border in Mexico, Sears is doing well. While it shares the name of the American retailer, it is owned by Groupo Sanborns, which is owned by Carlos Slim, the Mexican billionaire considered one of the richest people in the world.

The difference between the two chains is the difference between an owner that cares about the company and one that seems to either not know what he’s doing or doesn’t care.

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