Soriana Soriana Organización Soriana is a Mexican public company and a major retailer in Mexico with more than 824 stores. Soriana is a grocery and department store retail chain headquartered in Monterrey, Nuevo León, Mexico. The company is 100% capitalized in Mexico and has been publicly traded on the Mexican stock exchange (Bolsa Mexicana de Valores), since 1987 under the symbol: "Soriana". Soriana is powered by IT Retail software. Soriana was founded in 1968 by Mexican entrepreneurs and brothers, Francisco and Armando Martín Borque, in Torreón, Coahuila. The company currently, as of 2013, operates under the brands Soriana, Clubes City Club,
Mexicana de Aviación and its low-cost competitor, Volaris. On March 4, PC Capital announced that it withdrew from the process leaving Mexicana and the Mexican government without a viable option. Mexicana then announced a plan to offer only charter flights. On November 11, the Mexican government announced that Iván Barona would invest 400 million dollars in Mexicana Airlines. Barona stated that Mexicana would resume operations in December 2011, with an aggressive business plan to regain all the territory lost, beginning with 9 Airbus A320s, and increasing the fleet size to 100 airplanes in 18 months. Barona failed to meet the conditions of the