Walmex news and trends

Kath McLay to Replace Retiring Judith McKenna as Walmart International CEO
Walmart // 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...

Report: Walmart to Expand Capabilities of Digital Wallet in Mexico
Walmart // 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 expanding to loans and other financial services further in the future, to the Cashi digital...

Walmart Sees 2.7 Pct Bump In Sales In Mexico
International // 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 Monday (Feb.10). The company, sometimes known as Walmex, is Mexico’s biggest retailer and said its...

Mexico Gov’t Blocks Walmart’s Plans To Buy Cornershop
Retail // 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 earlier this month. Walmart planned to buy the app for $225 million, to try and...

Quick Reads
Walmart Mexico ‘Not Only a Retailer’ Under New Boss

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 of Walmart Mexico — or Walmex — discussed his vision of the company Sunday (Aug. 25) in an interview with the Financial Times (FT). “Walmex […]

Kath McLay to Replace Retiring Judith McKenna as Walmart International 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...

Report: Walmart to Expand Capabilities of Digital Wallet in Mexico

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...

Walmart Sees 2.7 Pct Bump In Sales In Mexico

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...