38:
47:
930:
1560:
173:
156:
443:. After the initial article was released, Walmart released a statement denying the allegations and describing its anti-corruption policy. While an official Walmart report states that they found no evidence of corruption, the article alleges that previous internal reports had indeed turned up such evidence before the story became public.
438:
published
December 17, 2012, revealed evidence that regulatory permission for siting, construction, and operation of nineteen stores had been obtained through bribery. There was evidence that a bribe of $ 52,000 was paid to change a zoning map, which enabled the opening of a Walmart store a mile from
408:
In 2020, Walmart de México y
Centroamérica was included in the Bloomberg Gender Equity Index for the third time. It is the only company in the self-service sector worldwide that has appeared in this index for three consecutive years. This Index is made up of 325 companies belonging to 50 industries.
466:
agreed to acquire Banco
Walmart from the chain and create a commercial alliance to offer financial services to supermarket customers with a locally familiar banking entity, such as branded credit cards and banking services, the bank also serves Walmex associates who might need banking services such
453:
As of
December 2012, internal investigations ongoing into possible violations of the Foreign Corrupt Practices Act. Walmart has invested $ 99 million in the internal investigations, which have expanded beyond Mexico to implicate operations in China, Brazil, and India. The case has added fuel to the
393:
In
December 2009, Walmart de México acquired 43% of Walmart Centroamérica from Walmart Stores Inc and 40% from two minority partners, paying over $ 1.4 billion pesos (approximately US$ 110 million) in cash and shares. In early 2010, the transaction was completed and Walmart de México was renamed
449:
magazine contributor, Adam
Hartung, also alluded that the bribery scandal was a reflection of Walmart's "serious management and strategy troubles," stating, "candals are now commonplace... ach scandal points out that Walmart's strategy is harder to navigate and is running into big problems."
433:
to officials throughout Mexico in order to obtain construction permits, information, and other favors. Walmart investigators found credible evidence that
Mexican and American laws had been broken. Concerns were raised that Walmart executives in the United States "hushed up" the allegations.
1133:
278:, Mi Bodega Aurrera, Walmart Express, and Bodega Aurrerá Express banners. As of 2012, the company was Mexico's largest private sector employer with 209,000 employees. Approximately one-fifth of Walmart stores in the world are in Mexico. It competes with
341:
signed a joint venture agreement. This agreement allowed cooperation between the two companies and the opening of
Walmart stores and Sam's Clubs in Mexico. In 1997, Walmart increased its stake by acquiring 51% of Cifra. Cifra was renamed
346:. Walmart again increased its stake in Wal-Mart de Mexico to 60% in April 2000. After completing the acquisition of Walmart's operations in Central America in January 2010, Walmart Mexico changed its name to
454:
debate as to whether foreign investment will result in increased prosperity, or if it merely allows local retail trade and economic policy to be taken over by "foreign financial and corporate interests."
1911:
1963:
849:
1958:
405:
In 2008, a
Mexican court ruled that Walmart de México could not pay its employees in vouchers redeemable only at the store, as it violated an article of the country's Constitution.
385:
NV. CARHCO operated stores in
Guatemala, El Salvador, Costa Rica, Honduras and Nicaragua. In 2006, Walmart increased its stake to 51% and changed the name to Walmart Centroamérica.
434:
Reportedly, bribes were given to rapidly obtain construction permits, which gave Walmart a substantial advantage over its business competitors. A follow-up investigation by
1978:
1968:
1155:
635:
1983:
613:
896:
1953:
772:
251:'s largest division outside the U.S. as of October 31, 2022, consists of 2,804 stores around the country, including 300 Walmart Supercenter stores and 167
746:
1948:
918:
381:
In 2005, Walmart entered the Central American market by acquiring 33% of Central American Retail Holding Company (CARHCO) from Dutch retailer
1148:
891:
1887:
1022:
354:
1988:
798:
1421:
586:
541:
1141:
1017:
934:
519:
1973:
1905:
1027:
599:
614:"Bloomberg's 2020 Gender-Equality Index Expands to Include 325 Public Companies Globally | Press | Bloomberg LP"
886:
1855:
1351:
1356:
911:
716:
318:
1067:
997:
1780:
495:
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reported that a former executive of Walmart de Mexico alleged that, in September 2005, Walmart de Mexico had paid
1605:
1299:
1047:
310:
1873:
1849:
1007:
880:
569:
720:
1294:
824:
1610:
1346:
1164:
440:
137:
37:
850:"Walmart de México y Centroamérica Announces the Sale of Banco Walmart to Ibursa and a Commercial Alliance"
1739:
904:
687:
661:
397:
In Mexico, Walmart has 2,804 stores, including 300 Walmart Supercenter stores, and 167 Sam's Club stores.
256:
74:
874:
1867:
1752:
1414:
1209:
283:
1881:
1540:
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1509:
1189:
124:
1184:
962:
1900:
1664:
1504:
1269:
546:
419:
972:
1107:
1894:
1861:
1785:
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1097:
1072:
476:
322:
275:
209:
1361:
1943:
1579:
1479:
1407:
1306:
1264:
1092:
967:
143:
1917:
1204:
992:
957:
892:"Walmart ampliará su infraestructura con 22 nuevas tiendas en NL", article at siila.com.mx
314:
241:
1747:
1366:
1289:
1057:
887:"Adquisición de WalMart Centroamérica va acorde con política de expansión de la compañía"
1674:
1489:
1484:
1388:
1331:
1326:
1259:
1254:
1199:
1194:
191:
78:
57:
46:
1937:
1790:
1669:
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1438:
1052:
952:
712:
523:
271:
252:
68:
1659:
1535:
1525:
1499:
1458:
1321:
291:
636:"WalMart's Mexican Bribery Scandal Will Sink It Like an Iceberg Sank the Titanic"
1805:
1773:
1715:
1700:
1584:
1214:
1042:
1032:
982:
382:
263:). Walmart de México y Centroamérica is the biggest retailer in Latin America.
1922:
1800:
1600:
1574:
1494:
1463:
1453:
1087:
520:"MILENIO.COM » Wal Mart de México logra nivel más alto de ventas en 2006"
204:
165:
60:
1830:
1820:
1679:
1636:
1615:
1378:
1341:
1336:
1279:
1249:
1244:
1077:
1037:
496:"Walmart Investor Relations - Financials Investor Relations > Financials"
1311:
542:"Vast Mexican Bribery Case Hushed Up by Wal-Mart After High-Level Struggle"
1559:
1815:
1810:
1720:
1710:
1705:
1373:
1316:
1239:
1229:
1224:
1112:
1102:
295:
287:
17:
1795:
1430:
1219:
1117:
1062:
977:
747:"Wal-Mart Bribery Probe Expands Past Mexico To Brazil, China And India"
721:"The Bribery Aisle: How Wal-Mart Used Payoffs to Get Its Way in Mexico"
463:
424:
365:
338:
303:
279:
248:
244:
196:
1284:
938:
929:
570:"Mexico's Alsea to buy Walmex restaurant chain for 8.2 billion pesos"
445:
429:
358:
299:
267:
237:
88:
364:
from Biological Farm Management Systems, an export company based in
867:
317:, in September 2013 for around $ 626 million. Walmex also operated
1274:
1234:
1179:
1082:
1012:
1002:
987:
357:, Walmex initiated Mexico's first duty-free importation of fresh
1825:
1768:
361:
1403:
1137:
900:
220:
1912:
Why Wal-Mart Works; and Why That Drives Some People C-R-A-Z-Y
688:"What Walmart Might Do With Allegations of Bribery in Mexico"
600:"JURIST | School of Law | University of Pittsburgh"
1399:
771:
Cilfford, Stephanie; Barstow, David (15 November 2012).
662:"No, the Conquistadors Are Not Back. It's Just Wal-Mart"
799:"India Government Agency Proves Wal-Mart Investments"
321:, a chain of department stores which was acquired by
1839:
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1738:
1688:
1652:
1645:
1629:
1593:
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1518:
1472:
1446:
1437:
458:
Sale of Banco Walmart Financial Services to Inbursa
215:
203:
190:
180:
163:
150:
130:
120:
112:
94:
84:
66:
53:
313:, was acquired by the Mexican restaurant company,
270:outlets in Mexico, under the Walmart Supercenter,
1964:Companies in the Indice de Precios y Cotizaciones
773:"Wal-Mart Inquiry Reflects Alarm on Corruption"
266:As of October 31, 2022, Walmart operated 2,804
247:division. Walmart de México y Centroamérica is
1959:Companies listed on the Mexican Stock Exchange
823:Thirani, Neha; Kumar, Hari (7 December 2012).
1415:
1149:
912:
829:New York Times / International Herald Tribune
660:James C. McKinley, Jr. (September 28, 2004).
8:
30:
1649:
1443:
1422:
1408:
1400:
1156:
1142:
1134:
919:
905:
897:
587:"Wal-Mart de Mexico, S.A. de C.V. History"
535:
533:
45:
29:
1979:Mexican subsidiaries of foreign companies
1969:Companies in the S&P Latin America 40
629:
627:
353:In 1999, following the implementation of
487:
337:by Jerónimo Arango. In 1991, Cifra and
467:as bank accounts and salary deposits.
417:An April 2012 investigative report in
1984:Mexican companies established in 1952
7:
1954:Retail companies established in 1952
1888:Wal-Mart: The High Cost of Low Price
797:Sharma, Malavika (5 December 2012).
568:Elinor Comlay (10 September 2013).
394:Walmart de México y Centroamérica.
333:The company was founded in 1986 as
876:Wal-Mart quits Mexican trade group
825:"Fact-Checking the F.D.I. Debates"
255:stores. It has been traded in the
25:
1726:Walmart de México y Centroamérica
1169:(as of 20 January 2022)
1123:Walmart de México y Centroamérica
745:Brown, Abram (15 November 2012).
389:Walmart de Mexico y Centroamérica
348:Walmart de Mexico y Centroamérica
230:Walmart de México y Centroamérica
1558:
1023:Grupo Aeroportuario del Pacífico
1018:Grupo Aeroportuario Centro Norte
928:
686:Lydia Dishman (April 22, 2012).
540:David Barstow (April 21, 2012).
172:
171:
155:
154:
36:
31:Walmart de México S.A.B. de C.V.
1906:List of assets owned by Walmart
1028:Grupo Aeroportuario del Sureste
589:listing on Funding Universe.Com
344:Wal-Mart de Mexico, S.A. de C.V
1949:Companies based in Mexico City
998:Corporación Inmobiliaria Vesta
309:Walmex's restaurant division,
1:
159:US$ 31.7 billion (2012)
1048:Grupo Cementos de Chihuahua
717:Alejandra Xanic von Bertrab
176:US$ 1.7 billion (2012)
142:Eduardo Solórzano Morales (
100:; 38 years ago
2005:
1989:Discount stores of Mexico
1556:
1175:
1008:Genomma Lab Internacional
948:
44:
35:
1165:S&P Latin America 40
1068:Kimberly-Clark de México
881:Memphis Business Journal
464:Grupo Financiero Inbursa
427:via local fixers called
1295:Interconexión Eléctrica
372:International expansion
1974:Supermarkets of Mexico
1546:Elizabeth Paige Laurie
413:Bribery investigations
257:Mexican Stock Exchange
1210:Banco Santander-Chile
719:(December 17, 2012).
439:a historical site in
377:Walmart Centroamérica
339:Wal-Mart Stores, Inc.
1882:Criticism of Walmart
1874:Chesapeake, Virginia
1541:Carrie Walton Penner
942:(as of 30 July 2021)
441:San Juan Teotihuacán
136:Guilherme Loureiro (
1531:Whitney Ann Kroenke
1510:Nancy Walton Laurie
436:The New York Times,
182:Number of employees
125:Mexico City, Mexico
32:
27:Division of Walmart
1901:History of Walmart
1862:Thornton, Colorado
1665:Amigo Supermarkets
1505:Ann Walton Kroenke
1464:James "Bud" Walton
1384:Wal-Mart de Mexico
1347:Rede D'Or São Luiz
725:The New York Times
666:The New York Times
547:The New York Times
462:In December 2014,
420:The New York Times
1931:
1930:
1895:People of Walmart
1856:Beavercreek, Ohio
1850:Las Vegas, Nevada
1734:
1733:
1554:
1553:
1397:
1396:
1170:
1131:
1130:
943:
879:, article at the
500:stock.walmart.com
227:
226:
16:(Redirected from
1996:
1781:Bare Necessities
1650:
1580:S. Robson Walton
1562:
1480:S. Robson Walton
1444:
1424:
1417:
1410:
1401:
1370:
1303:
1168:
1158:
1151:
1144:
1135:
968:Arca Continental
941:
933:
932:
921:
914:
907:
898:
871:
870:
868:Official website
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603:
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578:
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559:
558:
556:
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537:
528:
527:
522:. Archived from
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510:
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492:
242:Central American
232:, also known as
223:
175:
174:
158:
157:
108:
106:
101:
49:
40:
33:
21:
2004:
2003:
1999:
1998:
1997:
1995:
1994:
1993:
1934:
1933:
1932:
1927:
1918:Walmart greeter
1835:
1757:
1730:
1684:
1641:
1625:
1589:
1563:
1550:
1514:
1468:
1433:
1428:
1398:
1393:
1364:
1357:Southern Copper
1332:Natura & Co
1297:
1205:Banco do Brasil
1171:
1162:
1132:
1127:
993:Coca-Cola FEMSA
973:Banco del Bajío
944:
927:
925:
866:
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857:
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634:Hartung, Adam.
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401:Labor relations
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259:since 1977 (as
219:
183:
168:
141:
133:
116:Jerónimo Arango
104:
102:
99:
71:
28:
23:
22:
15:
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1868:El Paso, Texas
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1696:Bodega Aurrerá
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1677:
1675:Walmart Canada
1672:
1667:
1662:
1656:
1654:
1647:
1646:Current assets
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1633:
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1627:
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1533:
1528:
1522:
1520:
1519:3rd generation
1516:
1515:
1513:
1512:
1507:
1502:
1497:
1492:
1490:Christy Walton
1487:
1485:John T. Walton
1482:
1476:
1474:
1473:2nd generation
1470:
1469:
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1461:
1456:
1450:
1448:
1447:1st generation
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1327:Magazine Luiza
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1287:
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1262:
1260:Empresas Copec
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1247:
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1237:
1232:
1227:
1222:
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1200:Banco de Chile
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860:External links
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815:
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777:New York Times
763:
737:
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678:
652:
623:
605:
591:
579:
560:
529:
526:on 2007-01-13.
511:
486:
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481:
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479:
477:Bodega Aurrerá
472:
469:
459:
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276:Bodega Aurrerá
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221:walmart.com.mx
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1791:Hypermart USA
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1764:
1762:Former assets
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1689:International
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1653:North America
1651:
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1635:
1634:
1632:
1628:
1622:
1621:Doug McMillon
1619:
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1602:
1599:
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1596:
1594:President/CEO
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1725:
1660:Walmart Labs
1630:Former execs
1536:Josh Kroenke
1526:Lukas Walton
1500:Alice Walton
1459:Helen Walton
1383:
1322:Lojas Renner
1290:Grupo México
1122:
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205:Subsidiaries
121:Headquarters
54:Company type
1774:Asda Mobile
1606:David Glass
1585:Greg Penner
1365: [
1298: [
1215:Bancolombia
1043:Grupo Carso
1033:Grupo Bimbo
834:28 December
808:28 December
782:28 December
756:28 December
383:Royal Ahold
1938:Categories
1923:Walmarting
1846:Shootings
1801:Marketside
1753:White Stag
1670:Sam's Club
1601:Sam Walton
1575:Sam Walton
1495:Jim Walton
1454:Sam Walton
1167:companies
692:Forbes.com
505:2022-11-15
483:References
272:Sam's Club
253:Sam's Club
166:Net income
132:Key people
61:subsidiary
1831:Yihaodian
1821:Shoes.com
1680:Hayneedle
1637:Marc Lore
1616:Mike Duke
1611:Lee Scott
1342:Petrobras
1337:PagSeguro
1280:Fibra Uno
1270:Falabella
1250:Ecopetrol
1245:Credicorp
1108:Telesites
1078:Megacable
1073:Liverpool
1038:Grupo BMV
803:Bloomberg
697:April 23,
553:April 22,
325:in 2016.
323:Liverpool
236:, is the
69:Traded as
1816:Moosejaw
1811:ModCloth
1806:Más Club
1711:Massmart
1706:Flipkart
1701:Bompreço
1568:Chairmen
1374:Televisa
1317:Localiza
1240:Cencosud
1195:Bradesco
1113:Televisa
1103:Regional
1098:Quálitas
471:See also
430:gestores
359:Canadian
319:Suburbia
296:Casa Ley
288:Chedraui
284:La Comer
144:chairman
85:Industry
79:WALMEX V
18:Superama
1944:Walmart
1840:Related
1796:Jet.com
1786:Bonobos
1431:Walmart
1362:StoneCo
1220:Banorte
1118:Volaris
1088:Peñoles
1063:Inbursa
978:Banorte
574:Reuters
366:Alberta
329:History
304:Calimax
280:Soriana
249:Walmart
245:Walmart
238:Mexican
216:Website
197:Walmart
186:219,767
151:Revenue
113:Founder
103: (
95:Founded
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1876:(2022)
1870:(2019)
1864:(2017)
1858:(2014)
1852:(2014)
1740:Brands
1312:Itaúsa
1285:Gerdau
1093:Pinfra
939:Mexico
751:Forbes
645:2 July
640:Forbes
446:Forbes
425:bribes
300:S-Mart
268:retail
234:Walmex
192:Parent
89:Retail
58:Public
1721:Líder
1716:Seiyu
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1235:Cemex
1180:AmBev
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1003:FEMSA
988:Cemex
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958:Alsea
355:NAFTA
335:Cifra
315:Alsea
292:H-E-B
261:Cifra
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1379:Vale
953:Alfa
836:2012
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732:2012
699:2012
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647:2012
555:2012
362:beef
311:Vips
302:and
240:and
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98:1986
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1230:CCR
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