Mexico

Walmart's Mexico Unit Sees Q4 Profit Up

Walmart's Mexico and Central America unit reported a 1.4% bump in its fourth-quarter net profit, slightly below analysts' forecasts as its general expenses...

Smurfit Westrock Says Mexico Tariffs Would Squeeze US Consumer Spending

Smurfit Westrock expects US consumer spending to be squeezed significantly if 25% tariffs on Mexican goods go ahead, its CEO said.

Imposing Tariffs On US Neighbours 'A Serious Step', Says Retail Federation

The announcement that the Trump administration is imposing 25% tariffs on Canada and Mexico, and 10% tariffs on China is a "serious step".

Americans May Feel 'Pain' In Trade War With Mexico, Canada, China: Trump

President Donald Trump said the tariffs on Mexico, Canada and China may cause "short term" pain for Americans as global stock markets tumbled.

ESM’s Retail Recap: Naked Wines; Lidl Germany; Nestlé Mexico; Albert Heijn

Naked Wines trades in line with expectations; sales grow at Lidl Germany; Nestlé Mexico announces $1 billion investment; and Albert Heijn launches b...

Smithfield Foods Targets Up To $10.7bn Valuation In US IPO

Smithfield Foods is targeting a valuation of up to $10.73 billion (€10.4 billion) in its US initial public offering, the Farmland bacon maker said.

Justo Closes Brazilian Online Supermarket

Justo, a Mexican online grocery store, has shut down its operations in Brazil following a three-year run, citing the challenges in a competitive market.

Mexican Regulator Fines Local Walmart Unit For Monopolistic Practice

Mexico's antitrust watchdog Cofece ruled that the local unit of U.S.-based retail giant Walmart, known as Walmex, engaged in monopolistic behavior related...