Walmex

Wal-Mart de Mexico, is a Mexican blue-chip company, which is 31% owned by the American retail giant Wal-Mart Stores, Inc. It has been traded at the Mexican Stock Exchange since 1977 and is Mexico's eighth largest discount retail store. Wal-Mart operates over 1,249 retail outlets in Mexico including restaurants and supermarkets, under the names Walmart, Superama, Suburbia, VIPS, Sam's Club and Bodega Aurrerá. The company is now Mexico's largest pr... more

Wal-Mart de Mexico, is a Mexican blue-chip company, which is 31% owned by the American retail giant Wal-Mart Stores, Inc. It has been traded at the Mexican Stock Exchange since 1977 and is Mexico's eighth largest discount retail store. Wal-Mart operates over 1,249 retail outlets in Mexico including restaurants and supermarkets, under the names Walmart, 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. 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... less