Walmart has 2,756 stores in Mexico. This chain is the leader in the retail sector in the country, where it operates through Walmart, Walmart Express, Sam’s Club, and Bodega Aurrera.
The largest store in this supermarket chain is called Walmart Tepeyac, located in the northern part of Mexico City, near the Basilica of Guadalupe.
This store, located at 431 Calzada de Guadalupe in the Gustavo A. Madero district, is the largest Walmart in Mexico and all of Latin America.
It’s enormous. Many are amazed by its size as walking through its aisles can feel like a tour through thousands of products for all tastes and budgets.
Since its arrival in 1993, this chain transformed the Mexican retail market, becoming a benchmark for all kinds of shopping.
From a Ford factory to the king of retail
Walmart Tepeyac stands on the former site of a Ford assembly plant. After it closed, it became home to the Gran Bazar Hypermarket, which was recognized as the brand’s reference in terms of size.
Operating 24 hours a day, the size of this Walmart requires the supervision of two managers per shift, highlighting its importance within the company’s structure.
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The store, which serves as the anchor for Plaza Tepeyac, recently underwent an ambitious renovation. This update introduced self-checkout stations to streamline the shopping process for customers and improve the user experience.
Wide aisles, 20 self-checkout registers, and another 30 staffed registers, a Prichos section, a café, pizzeria, ice cream shop, and spacious areas for Toys, Cosmetics, Pets, and many other items you can find in this establishment.
A regenerative store
But beyond its aisles filled with thousands of products and the daily flow of customers, this store is also the epicenter of Walmart Mexico and Central America’s ambitious initiative: Regenerative Stores.
Launched in 2022, this model aims to consolidate more than 30 environmental and social initiatives in an effort to regenerate, not just sustain, the environment around each store.
A 24-hour giant
In Mexico, several Walmart locations operate 24 hours a day. For those who can’t shop during the day, need to make an emergency purchase, or simply prefer to shop at night, these types of stores are a great option.
One of these 24-hour locations is precisely Walmart Tepeyac.
How many Walmarts are there in the world?
There are 10,615 Walmart stores in various countries worldwide.
Who owns Walmart?
In Mexico, Walmart is owned by Walmart de México y Centroamérica, a subsidiary of Walmart Inc. The U.S. company holds a majority stake in the Mexican subsidiary, while the rest of the shares are traded on the Mexican Stock Exchange.
Globally, Walmart Inc. is owned by the Walton family, with Walton Family Enterprises as the largest shareholder. The Walton family has maintained control of the company since its founding, ensuring the continuity of the philosophy and values that have made Walmart a global retail giant.
Global net income from sales
The company’s net sales have gradually increased, reaching the highest figure in the last year, approximately $642.6 billion USD.
Market value
Since joining the Dow Jones in 1997, the company has seen a steady increase in its market capitalization. It is the sixth-largest company by market value, with a capitalization of $494.52 billion USD.
The retail giant in Mexico
Walmart is the world’s largest chain of supermarkets and discount stores, with a presence in over 20 countries. In Mexico, it is also a leader.
Walmart’s subsidiary in Mexico and Central America, known as Walmex, generated net sales of approximately 730.352 billion Mexican pesos in 2022, according to Statista.
According to its 2022 report, this company saw an 11% increase in consolidated net income and 79.754 billion pesos in cash generation, representing a 9.6% growth.
In Mexico, this retail chain has a total of 2,756 stores, according to 2021 data.
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Publish date : 2024-10-24 03:01:00
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