Sears (Mexico) to St. Thomas, U.S. Virgin Islands where he supervised the business expansion of the islands. From 1955 to 1993, Sears opened stores throughout Mexico. On April 2, 1997, Sears, now owned by Sears Holdings, formed a strategic alliance with Grupo Carso, owned by Mexican businessman Carlos Slim Helú, through which Sears agreed to sell 85% of its share of Sears Mexico to Grupo Carso, until 1997. As of 2007, Grupo Carso owned a 100% share of the company. Even though Sears unveiled a new lowercase logo in the United States in 2010, Sears Mexico still retains the pre-2004 logo (in
Grupo Famsa its figure. In 2006 Famsa had 25 U.S. stores; during that year the company planned to open 25 additional United States locations by 2010. In early 2006 Famsa opened operations in Guatemala and planned to begin deliveries to El Salvador. Grupo Famsa Grupo Famsa is a retail company engaged in the purchase and sale of household appliances, electronic products, furniture, clothing and other consumer products in Mexico and United States. Today the company has 421 stores in 78 Mexican cities and 37 cities in the United States. The company has its headquarters in Monterrey, Mexico. It also manufactures furniture and