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...
Mexican antitrust regulators blocked Walmart’s plans to buy delivery app Cornershop, according to a report by Reuters. Cornershop Co-Founder Oskar Hjertonsson said on Twitter that the officials stopped the deal earlier this month. Walmart planned to buy the app for $225 million, to try and...
Walmart de Mexico’s new head of eCommerce, Ignacio Caride, is focusing on growing the retailer’s grocery deliveries to differentiate from rivals including Amazon and MercadoLibre. In an interview with Reuters, Caride said by offering online orders of food and household items, Walmex can prompt customers...
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 McLay will take over as the president and CEO of Walmart International, while Chris Nicholas will assume the role of president and CEO of Sam’s Club U.S., […]
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...
February 11, 2020
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...
June 20, 2019
Mexican antitrust regulators blocked Walmart’s plans to buy delivery app Cornershop, according to a report by Reuters. Cornershop Co-Founder Oskar Hjertonsson said on Twitter that the officials stopped the deal...
