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Walmart's Mexico and Central America unit, known as Walmex , saw some $3.7 billion wiped from its market value on Thursday after the retailer posted weaker-than-expected margins for its second quarter ...
Walmart de Mexico SAB (Walmex), the local unit of the U.S. retail giant, plans to invest $6 billion this year in its Mexico operations to add more locations and robotic logistics hubs.
Walmart's Mexico and Central America unit reported a 1.4% bump in its fourth-quarter net profit on Thursday, coming in at 15.2 billion Mexican pesos ($729 million), slightly below analysts ...
Walmart in 2016 invested $1.3 billion in the region to build new distribution centers and expand operations. Walmart opened its first Mexican store — a Sam’s Club — in Mexico City in 1991.
Right now, year-over-year cash flow growth for WalMart de Mexico is 19.9%, which is higher than many of its peers. In fact, the rate compares to the industry average of 4.6%.
Mexico's anti-monopoly regulators have imposed special conditions for a period of 10 years on Walmart's Mexico subsidiary for allegedly pressuring suppliers.
Walmart Inc. will face an antitrust panel in Mexico after a three-year probe concluded the retailer’s local unit abused its market power, a charge that could result in billions of dollars in fines.
Bentonville, Ark.-based Walmart owns about 70% of the Mexico City-based retailer, which generates about 7.6% of the U.S. parent company’s total sales.