Wal-Mart de Mexico is a Mexican public

Public company

This is not the same as a Government-owned corporation.A public company or publicly traded company is a limited liability company that offers its securities for sale to the general public, typically through a stock exchange, or through market makers operating in over the counter markets...

 corporation

Corporation

A corporation is created under the laws of a state as a separate legal entity that has privileges and liabilities that are distinct from those of its members. There are many different forms of corporations, most of which are used to conduct business. Early corporations were established by charter...

, which is 31% owned by the American retail multinational corporation

Multinational corporation

A multi national corporation or enterprise , is a corporation or an enterprise that manages production or delivers services in more than one country. It can also be referred to as an international corporation...

 Wal-Mart

Wal-Mart

Wal-Mart Stores, Inc. , branded as Walmart since 2008 and Wal-Mart before then, is an American public multinational corporation that runs chains of large discount department stores and warehouse stores. The company is the world's 18th largest public corporation, according to the Forbes Global 2000...

 Stores, Inc. It has been traded in the Mexican Stock Exchange since 1977 http://www.milenio.com/index.php/2007/01/09/30158/.

Wal-Mart operates over 1,410 retail

Retail

Retail consists of the sale of physical goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be...

 outlets in Mexico including restaurant

Restaurant

A restaurant is an establishment which prepares and serves food and drink to customers in return for money. Meals are generally served and eaten on premises, but many restaurants also offer take-out and food delivery services...

s and supermarket

Supermarket

A supermarket, a form of grocery store, is a self-service store offering a wide variety of food and household merchandise, organized into departments...

s, under the names Walmart, Superama, Suburbia

Suburbia (department store)

Suburbia is a chain of department stores founded in 1970, operating more than 80 stores all over Mexico....

, VIPS, Sam's Club

Sam's Club

Sam's Club is a chain of membership-only retail warehouse clubs owned and operated by Wal-Mart Stores, Inc., founded in 1983 and named after Wal-Mart founder Sam Walton. , the Sam's Club chain serves more than 47 million U.S. members...

 and Bodega Aurrerá

Bodega Aurrerá

Bodega Aurrera is a Mexican discount-store owned by American discount chain Wal-Mart. The chain was first established in 1970 in Mexico City....

. The company is now Mexico's largest private sector employer. It competes fiercely with Soriana

Soriana

Organización Soriana is a Mexican public company and Mexico's largest retailer. Soriana is a grocery and department store retail chain headquartered in Monterrey, Nuevo León, Mexico. The company is 100% capitalized in Mexico and is publicly traded on the Mexican stock exchange the Bolsa Mexicana...

, Comercial Mexicana

Comercial Mexicana

Comercial Mexicana is a Mexican hypermarket group, which features stores similar to those owned by Carrefour in France or Wal-Mart in the United States...

, Chedraui

Chedraui

Chedraui is a publicly traded Mexican grocery store and department store chain. It is traded on the Mexican Stock Exchange under the symbol CHEDRAUI.-History:...

, H-E-B

H-E-B

HEB Grocery Company, LP is a privately held San Antonio, Texas-based supermarket chain with more than 315 stores throughout Texas and northern Mexico. The company also operates Central Market, an upscale organic and fine foods retailer.H-E-B ranked No...

, Casa Ley

Casa Ley

Casa Ley is a Mexican grocery store chain. Most of its stores are located in the western Mexico states of Baja California, Sonora, Sinaloa, Nayarit, Jalisco, Colima, Michoacán, Coahuila, Chihuahua, Durango, Guanajuato and Baja California Sur, it's the Mexico's largest privately-held supermarket...

, and S-Mart

S-Mart

S-Mart is a Mexican grocery store chain in the northern Mexican states of Chihuahua, Nuevo Leon, and Tamaulipas. S-Mart competes with Soriana and Wal-Mart. S-Mart opened its first store in Ciudad Juárez, then later expanded to 25 stores in Ciudad Juarez. S-Mart now has 5 stores in Chihuahua, 8 in...

.

Wal-Mart de México is the second biggest retail company in Latin America, only behind Brazilian Grupo Pão de Açúcar.

Overview

• 169 Wal-Mart Stores in México.
• 367 Restaurantes like Vips.
• 98 Sam's Clubs.
• 69 Superama Stores.
• 86 Suburbia Stores.
• 621 Bodega Aurrera Stores.
• 519 Wal-Mart Stores in Central America.

International expansion

In December 2009 it was announced that Wal-Mart de México bought 43% of Wal-Mart Centroamérica (Central America unit) from Wal-Mart Stores Inc and 40% from other share holders, paying over $1.4 billion pesos (aprox. $110 million USD) in cash and shares.

Wal-Mart Centroamérica operated 519 stores in Guatemala, El Salvador, Costa Rica, Honduras and Nicaragua.

External links

• Wal Mart de México corporate website
• Wal-Mart quits Mexican trade group, article at the Memphis Business Journal.
• Wal-Mart subsidiary receives final approval to construct controversial store near historic Teotihuacán pyramids, article at The University of New Mexico
  University of New Mexico
  The University of New Mexico at Albuquerque is a public research university located in Albuquerque, New Mexico, in the United States. It is the state's flagship research institution...
  
  .
• http://economia.terra.com.mx/noticias/noticia.aspx?idNoticia=200912071844_TRM_78599663