Walmart Mexico’s new boss is aiming to double its sales amid robust eCommerce competition. Ignacio Caride, who spent more than a decade with online retailer Mercado Libre before becoming CEO of Walmart Mexico — or Walmex — discussed his vision of the company Sunday (Aug....
Walmart has announced major leadership changes within the company, with Judith McKenna, the president and CEO of Walmart International, set to retire after 27 years with the retailer. Effective Sept. 11, Kath McLay will take over as the president and CEO of Walmart International, while Chris Nicholas will assume...
Walmart of Mexico and Central America (Walmex) is reportedly looking to expand the capabilities of its digital wallet. The company said it expects to add transfers, withdrawals and remittances, possibly expanding to loans and other financial services further in the future, to the Cashi digital...
Walmart de Mexico’s sales are looking up, with a 2.7 percent increase at stores open for more than a year over the same time last year, according to Reuters on Monday (Feb.10). The company, sometimes known as Walmex, is Mexico’s biggest retailer and said its...
December 16, 2024
Walmart’s Mexican business unit, Walmart de México y Centroamérica (Walmex), said a decision by Mexico’s antitrust authority will not affect its business. The company also said in a Friday (Dec. 13) press release that it will challenge the Comisíon Federal de Competencia Económica’s (COFECE) Thursday (Dec. 12) decision that Walmex engaged in a monopolistic practice […]
August 25, 2024
Walmart Mexico’s new boss is aiming to double its sales amid robust eCommerce competition. Ignacio Caride, who spent more than a decade with online retailer Mercado Libre before becoming CEO...
August 16, 2023
Walmart has announced major leadership changes within the company, with Judith McKenna, the president and CEO of Walmart International, set to retire after 27 years with the retailer. Effective Sept. 11, Kath...
May 09, 2023
Walmart of Mexico and Central America (Walmex) is reportedly looking to expand the capabilities of its digital wallet. The company said it expects to add transfers, withdrawals and remittances, possibly...
