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Mexico's Carlos Slim eyes New York for retail expansion - new york times chinese restaurant review hot dish

Mexico\'s Carlos Slim eyes New York for retail expansion  -  new york times chinese restaurant review hot dish

MEXICO CITY (Reuters)-
Tycoon Carlos Slim is evaluating the move to bring the iconic Mexican restaurant and retail store, sanburns, to Manhattan, which will be his latest attempt at the United States.
Sanborns, a slender holding company of one unit, Grupo Carso (GCARSOA1. MX)
, Is a staple in Mexican life, where shoppers can buy anything from underwear to a plate of spicy peppers, traditional dishes, and even pay phone bills in stores all over the country.
"What we are looking at is the possibility of opening the first Sanborns in Manhattan," Slim's spokesman and close assistant Arturo Elias Ayub told Reuters on Wednesday.
"There is no definition yet.
Shares of the parent company Grupo Carso rose by 1.
17% to 72
Traders said 88 pesos were partly boosted by Wednesday's news.
Slim is a super fan who goes to New York from time to watch the Yankees play and is no stranger to doing business in one of the world's top financial capitals.
He's about six.
The New York Times of 9% (NYT. N)
Earlier this year, he and other investors bought a landmark near Central Park.
Slim is also the second largest shareholder of department store Saks Inc. SKS. N.
He runs the brand in Mexico.
Recently, he opened a second store at a new business and entertainment center in a luxury area of Mexico City.
Elias ayubu said that a Sunborn family in Manhattan, with the world's most luxurious retail stores and hundreds of restaurants, offers any food from Ethiopia to Thailand, it will not only attract Mexicans living on the island, but also attract a wider cultural base.
According to US media reports, nearly 24% of Manhattan's population last year considered themselves Hispanic or Latino. S. Census Bureau.
If he continues to do so, Slim will want to be more successful than his failed investment in computer and gadget retailer CompUSA, which is a rare mistake for billionaires.
After competing with Best Buy, Slim sold the business on 2007 (BBY. N)and Wal-
Mart department store (WMT. N). ONE-
STOP shop sanborns tracks its origins, a small pharmacy founded by young American brothers Walter and Frank Sanborn in downtown Mexico in 1903.
The small company added a soda fountain and soon attracted people from Mexican President Porfirio Diaz, revolutionary leader Pancho Villa and Egyptian to drink hot cocoa.
The company kept the logo of three owls on the branches representing Frank samberne and his two children, and sold it to Grupo Carso of Slim in 1985.
The chain has more than 100 stores in Mexico, which is a sure stop for students with limited budgets, and they can easily work with wi-
While drinking cheap coffee, consumers crave milkshakes and office staff seek after-sales servicehours drink.
The restaurant attendant is dressed in folk costumes, and thornburns is one of the few American restaurants in Mexico. S.
Foreigners get a Thanksgiving menu every November.
Elias Ayub said that the plan to bring Sanborns to the United States has been reviewed for about a month, depending largely on finding local suppliers who can guarantee the same products as Mexico.

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