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Walmart de México y Centroamérica, also known as Walmex, is the Mexican and Central American Walmart division. Walmart de México y Centroamérica is Walmart '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 Sam's Club stores. [ 1 ]
Occupation (s) Co-founder, Aurrerá. Jerónimo Julio Arango Arias (1927 — 4 April 2020) [1] [2] was a Mexican billionaire businessman, co-founder of the Aurrerá supermarket chain, with his younger brothers, Manuel and Plácido, known for a long time as three of Mexico's wealthiest men. His net worth was estimated at US$4.6 billion in 2006 by ...
Cifra - Walmart's operations in Mexico started as Walmex, a joint venture between Cifra of Mexico and Wal-Mart Stores, Inc. Walmart later bought a majority interest in Cifra and changed the name to Walmart de Mexico. Walmex is independently traded on the Mexican stock exchange, although Wal-Mart Stores, Inc. holds a majority interest. In ...
In its international division, ad revenue was up 27%, led by Flipkart and Walmex. Walmart also acquired television maker Vizio recently, leaning further into the streaming business.
The majority of the family's wealth derives from the heritage of Bud and Sam Walton, who were the co-founders of Walmart. Walmart is the world's largest retailer, one of the world's largest business enterprises in terms of annual revenue, and, with just over 2.2 million employees, the world's largest private employer.
The division is Walmart's largest, outside of the U.S., and was at the root of a long bribery investigation settled last year.
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