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'''Wal-Mart de Mexico''', is a [[Latin America]]n [[Blue chip (stock market)|blue-chip]] company, a majority of which is owned by the [[United States|American]] retail giant [[Wal-Mart]] Stores, Inc. It has been traded at the [[Bolsa Mexicana de Valores|Mexican Stock Exchange]] since 1977 [http://www.milenio.com/index.php/2007/01/09/30158/].
'''Wal-Mart de Mexico''', is a [[Latin America]]n [[Blue chip (stock market)|blue-chip]] company, a majority of which is owned by the [[United States|American]] retail giant [[Wal-Mart]] Stores, Inc. It has been traded at the [[Bolsa Mexicana de Valores|Mexican Stock Exchange]] since 1977 [http://www.milenio.com/index.php/2007/01/09/30158/].


Wal-Mart operates over 1,000 [[retail]] outlets in [[Mexico]] including [[restaurant]]s and [[supermarket]]s, under the names Superama, [[Suburbia (department store)|Suburbia]], VIPS, [[Sam's Club]] and [[Bodega Aurrerá]]. The company is now Mexico's largest private sector employer. It competes fiercely with [[Soriana]], [[Supermercados Gigante]], [[Comercial Mexicana]], [[Casa Ley]], [[Chedraui]] and [[H-E-B]].
Wal-Mart operates over 1,000 [[retail]] outlets in [[Mexico]] including [[restaurant]]s and [[supermarket]]s, under the names Superama, [[Suburbia (department store)|Suburbia]], VIPS, [[Sam's Club]] and [[Bodega Aurrerá]]. The company is now Mexico's largest private sector employer. It competes fiercely with [[Soriana]], [[Comercial Mexicana]], [[Casa Ley]], [[Chedraui]] and [[H-E-B]].


==Wal-Mart in Teotihuacán==
==Wal-Mart in Teotihuacán==

Revision as of 18:14, 1 July 2008

Wal-Mart de México S.A.B. de C.V.
Company typeDiscount department store/Public
IndustryRetail
Founded1958 as Aurrerá
1991 as Wal-Mart de México (Walmex)
HeadquartersMexico Mexico City, Mexico
Key people
Jerónimo Arango, co-founder
Eduardo Solorzano Morales, CEO
Ernesto Vega Velasco, Chairman
ProductsDiscount stores, grocery stores, and hypermarkets, Optical, Pharmacy, Portrait Studio
RevenueIncrease$20,6 billion USD (2007)
Number of employees
149,440
ParentUnited States Wal-mart
Websitewww.walmartmexico.com

Wal-Mart de Mexico, is a Latin American blue-chip company, a majority of which is owned by the American retail giant Wal-Mart Stores, Inc. It has been traded at the Mexican Stock Exchange since 1977 [1].

Wal-Mart operates over 1,000 retail outlets in Mexico including restaurants and supermarkets, under the names Superama, Suburbia, VIPS, Sam's Club and Bodega Aurrerá. The company is now Mexico's largest private sector employer. It competes fiercely with Soriana, Comercial Mexicana, Casa Ley, Chedraui and H-E-B.

Wal-Mart in Teotihuacán

In 2004, Wal-Mart faced opposition by local and environmental groups opposed to the installation of a Wal-Mart-owned Bodega Aurrerá store located near the archeological site of Teotihuacán. In spite of negative sentiments by these groups and the media, the National Institute of Anthropology and History (INAH) dismissed concerns that construction of the store would destroy archeological treasures. The federal government also endorsed the project which is located a mile away from the pyramids. The store opened its doors at the end of the year.

Cashier at Wal Mart - Plateros store