| Wal-Mart de México S.A.B. de C.V. |
 |
| Type |
Discount department store/Public |
| Founded |
1958 as Aurrerá
1991 as Wal-Mart de México (Walmex) |
| Headquarters |
 Mexico City, Mexico |
| Key people |
Jerónimo Arango, co-founder
Eduardo Solorzano Morales, CEO
Ernesto Vega Velasco, Chairman |
| Industry |
Retail |
| Products |
Discount stores, grocery stores, and hypermarkets, Optical, Pharmacy, Portrait Studio |
| Revenue |
▲$20,6 billion USD (2007) |
| Employees |
149,440 |
| Parent |
 Wal-mart |
| Website |
www.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
External links
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