
Walmart's Mexico unit on Tuesday reported a 10% increase in first-quarter revenue, even as it acknowledged sales growth fell behind the retail sector for the first time in eight years.
44 published items with the word (s) or phrase Walmex in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
Walmart's Mexico unit on Tuesday reported a 10% increase in first-quarter revenue, even as it acknowledged sales growth fell behind the retail sector for the first time in eight years.
Walmart de Mexico, Mexico’s largest retailer, reported a 6.6% jump in third-quarter net profit on Wednesday, surpassing analysts’ expectations despite a weakening consumer environment.
A union representing workers at Walmart Inc’s Mexico unit said on Monday it would go on strike next month if it did not secure better pay and conditions for thousands of employees.
Costa Rica’s competition regulator has rejected Wal Mart de Mexico’s bid to buy a local supermarket chain, the agency’s president said on Wednesday.
Wal-Mart de Mexico said on Thursday Costa Rica’s competition regulator had notified the company that it opposes its plan to buy 52 local supermarkets, which would grow its store tally in the nation to more than 300.
Wal-Mart de Mexico reported on Thursday a 7.9 percent rise in third-quarter revenue, capitalizing on sales traffic in Mexico that compensated for slow growth in Central America and a tough comparison base.
Mexico’s biggest retailer, Walmart de Mexico, reported a second-quarter profit on Wednesday that beat expectations, boosted by higher traffic and strong same-store sales in Mexico.
Walmart de Mexico’s revenue is expected to rise 7.6 percent year-over-year in the second quarter, helped by strong consumption driven by the World Cup and local elections, according to a Reuters poll of analysts.
Easter shopping boosted sales at Mexican powerhouse retailers Wal-Mart de Mexico and El Puerto de Liverpool in the first quarter, pushing profits higher.
Wal-Mart de Mexico said it will install Wi-Fi throughout all but one of its chains in Mexico by next summer, in an attempt to collect user data and drive online sales by familiarizing shoppers with technology.