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WALMART MEXICO UNIT
FIFA 2026: Brokerages bet on sector winners as soccer World Cup set to kick offThe 2026 FIFA World Cup will bring billions to host nations. Analysts expect a surge in spending on hotels, airlines, and retail. Beer sale...- Amazon aims to revolutionize fast delivery with new 30-minute systemAmazon is revealing a new service offering deliveries in 30 minutes or less for an additional charge. This ultrafast delivery, called Amazo...
- Walmart's Mexico CEO Ignacio Caride steps down in surprise moveWalmart's Mexico and Central America CEO, Ignacio Caride, has stepped down after just over a year, surprising analysts. Cristian Barrientos...
- Walmex, the Mexican subsidiary of Walmart, to invest $6 billion in 2025Walmart's Mexico unit will invest $6 billion in 2025 to open new stores, two distribution centers, and create 5,500 direct jobs.
- Flipkart Internet receives $111 million in new fund infusionThe fresh capital came from the Flipkart's related Singapore-based entities on January 8, 2024. Two resolutions to infuse capital into the ...
- Walmart on track to meet $10b annual exports from India by 2027, says sourcing head Andrea AlbrightWalmart is on its path to meet the company's goal of sourcing $10 billion in goods from India annually by 2027. Indian sellers have seen do...
- Antitrust body probes Walmart's Mexico unit Walmex for monopolistic practicesMexico's antitrust watchdog, Cofece, did not name the company under investigation, but a source familiar with the matter said it was Walmar...
- Walmart reports strong sales for Flipkart, transaction growth for PhonePeWalmart’s international segment sales were up 11%, helped by double-digit growth in India among other geographies, said John David Rainey, ...
- Walmart promotes CEO of Sam's Club to head International division as Judith McKenna retiresIn some of Walmart's other big international markets like Mexico and South Africa, structural problems exacerbated by the pandemic have dam...
- Walmart takes fintech plunge into Mexico's risky marketplaceWalmart de Mexico (Walmex) in April said it had bought Trafalgar, a payment app, to compete in a market dominated by Grupo Salinas' Baz, Ox...
- 'OK, Mexico, Save Me': After China, this is where globalisation may leadAmong multinational companies, decades of faith in the merits of making things in China had come under scrutiny, especially as animosity in...
- Graft inquiry: Walmart gets limited reprieve from Delhi HC against CVCIn his April 5 interim order, Justice Rajiv Sahai Endlaw said “no criminal complaint as threatened be filed against the petitioner/its offi...
- America's multinational retail corporation Wal-Mart paid millions of dollars in bribes in India: ReportThere was no immediate response from Wal-Mart's corporate headquarters on the Wall Street Journal's report on its bribery in India.
- Walmart India sacks manager amid probeWalmart has been seeking to uncover possible infringements of FCPA, which makes it illegal for US-listed cos to bribe govt officials in for...
- Bharti Walmart's ex-employees being asked to sign pact to appear before US court in bribery probeIt is not clear whether Raj Jain, who suddenly left Bharti Walmart after seven years at the helm, has agreed to appear before the US author...
- The Inside Story: Walmart and the shadow of corruptionWalmart is investigating its Indian JV for possible violations of US anti-corruption law. ET narrates the inside story of how things came t...
- Bharti Walmart suspends CFO, legal team due to FCPA bribery probeBharti Walmart will go slow on planned rollouts of its cash-and-carry stores until investigation into violations of FCPA are over.
- UNI Global Union backs call for inquiry into Walmart's practices in IndiaUNI Global Union said it is supporting over 60 Indian organisations, representing workers, retailers for an inquiry into Walmart's operatin...
- Walmart Stores to snap ties with companies involved in corrupt practicesWalmart Stores plans to snap ties with companies that supply products to its stores if they are involved in any kind of corrupt practices.
- World's top 20 richest people: ForbesHere is a list of the world's 20 richest people, their wealth, businesses or interests, and countries, according to Forbes magazine's 2009 ...
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