Soriana’s origins date

Soriana’s origins date back to 1905 in the city of Torreon, Coahuila, when Don Pascual Borque established a business called The Soriana, dedicated to selling fabric through a counter. Gradually the business grew and in 1920 was selling fabrics, clothing and novelties such as perfumes and household items among others. In the thirties, when the founders of the company and Don Francisco Don Armando Martin Borque are integrated into the family business, La Soriana marketed wholesale merchandise, covering Lagunera and much of the mountains of Chihuahua and Sonora. In the 50s, and under the direction of Don Armando and Don Francisco, are beginning to recognize important changes in business strategy, one of the most important was to encourage retail sales to introduce self-service sales system in 1958.The opening of the first great self Soriana shopping center in November 1968 Centre in the city of Torreon, Coahuila, is the event which marks the formal beginning of what we know today as Soriana. Given its size and variety of products this store ran ahead of his time and his business proposal was well received by the community. The founders of the company, with its great capacity for work, tenacity and vision, were the first major step in transforming a small family business in the great enterprise we know today. So, step by step Borque Martin brothers were building the company. In 1971 decided to begin an accelerated growth plan to improve control and management of the business, installed the first group headquartered in the city of Torreon, Coah., And introduce the retailer for the accounting system.In the period 1972-1979 implemented a plan for institutionalization of the company, defining the principles of business philosophy, design a new business plan and establish a solid foundation to build future business growth. Within the plan of growth and geographic diversification open stores in the states of Durango and Chihuahua and in 1974 opened the first department store chain in the city of Monterrey, NL branch “Vallarta.” To give adequate support to the infrastructure of open supply chain freight distribution centers in Torreon, Monterrey and Mexico City, adopting the use of computerized information systems, provide training and staff development and seek to apply stores marketing best practices available.In 1979 began a phase of diversification of economic activities in those that are integrated into the operation business portfolio of restaurants, garment manufacture, transport lines and farming. In 1984, derived from a difference of priorities in the business strategies of the founders, the company splits into two channels operating in the same trade name in different cities in the northern region. To get in touch with the most important market for the company, the year 1989, the headquarters move from Torreon, Monterrey, NL and soon after buying offices located in Mexico City, also Sultana move to the North.Derived from the changes that took the country’s economy because of trade liberalization that began with the accession to the General Agreement on Tariffs and Trade (GATT, for its acronym in English), Soriana also makes changes in strategy and business plan and among other measures are decided to concentrate efforts in operating business stores, strengthen the use of information technology, supply chain modernize and prepare the company to successfully face a global retail market.