Sanborns has already closed its store in Metrocentro

Sanborns Agency in Metrocentro, San Salvador. / DEM

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Sanborns, the department store chain, has already closed one of its two stores in El Salvador due to the economic impact generated by covid-19.

“Sanborns has already closed operations. It is confirmed,” said Lynda Cabrero, Metrocentro’s head of brand. It is a departure from the “country”, she said and assured that the company even “were selling super well online and we were quite surprised by the withdrawal.”

Sanborns was a department store that includes a restaurant, bar and pastry shop, it also has a wide range of offerings in audio and video, technology, perfumery, jewelry, toys, pharmacy, book, magazines and clothing. In El Salvador it had two agencies, one in Metrocentro and the other in Multiplaza.

Last July, the Mexican media El Financiero published that the company was analyzing your departure from El Salvador due to low sales due to the confinement and fall in economic activity due to the pandemic. His departure from El Salvador closes his presence in Central America because last January he also announced that he was leaving his post in Panama, after 13 years of operations.

So far, the company of Mexican billionaire Carlos Slim has not announced its official withdrawal from El Salvador.

Metrocentro opened its doors this day before the beginning of the economic reopening with 40% of its tenant brands, but Cabrero expects that this week it will increase to 70%. “There are places that will not be able to continue, there is no confirmed data on quantities. Really for us this is our zero day (August 24), to see if they (tenant companies) decide to open and enter their requests,” said the executive.