walmex

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...

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...

Walmart In Mexico Posts 5% Dip In Q3 Profit As Costs Grow

Walmart's Mexico and Central America unit reported a 5% dip in its third-quarter net profit on Wednesday as both the costs of its increased sales and gener...

Walmart Announces International Launch Of Data Analytics Platform Walmart Luminate

US retailer Walmart is launching its data analytics product suite Walmart Luminate internationally with Walmex in Mexico followed by Walmart Canada later t...

Retailer Walmex To Invest Around €1.9bn In 2024

Mexican retailer Walmex is set to invest around 34.5 billion pesos (€1.88) in 2024, up 19% from previous year.

Walmart To Invest In Mexico's Fintech Market

US retail giant Walmart wants to get on top of Mexico's fintech market with its Cashi digital wallet, yet analysts say its drive is strewn with potential p...

Walmart de Mexico Says It Is Under Investigation For Antitrust Behavior

Walmart's Mexico unit said it was notified by Mexico's federal competition authority that it is being investigated for possible antitrust behaviour in the...

Walmart's Purchase Of Mexico Food Delivery App Set To Spur E-Commerce

Walmart Inc is to acquire Latin American food delivery service Cornershop for $225 million, in a move to ramp up its online grocery business in Mexico and...

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Wal-Mart’s Mexican Arm Makes Loureiro New CEO