Blog

What is the Mexican equivalent of Walmart?

What is the Mexican equivalent of Walmart?

Bodega Aurrerá
Bodega Aurrerá is a Mexican discount-store owned by American discount chain Walmart….Bodega Aurrerá

Owner Walmart
Parent Walmart de México y Centroamérica

What is the most popular retail store in Mexico?

Walmart
The convenience store chain Oxxo ranked second highest with 12.5 percent, followed closely by Walmart….Leading retailers in Mexico in 2018, by market share.

Characteristic Market share
Bodega Aurrerá 17.3\%
Oxxo 12.5\%
Walmart 12.1\%

Who is the largest retailer in Mexico?

Mexico: leading retailers based on chain retail sales 2021 Based on the estimated value of chain retail sales in 2021, Walmart was the leading retailer in Mexico, with 28.7 billion U.S. dollars worth of sales in this country.

READ ALSO:   Can I jump rope with a torn ACL?

What is Walmart biggest competitor?

Walmart’s top competitors include Kroger, eBay, Costco, Giant Eagle, Ascena Retail Group, Qurate Retail Group, Lowe’s and Albertsons.

Is Walmart big in Mexico?

As of January 31 2021, Walmart operated a total of 2,634 stores in Mexico, the vast majority of which were retail format, with a smaller portion of wholesale outlets.

Is Walmart more expensive in Mexico?

Walmart concentrates 87\% of the self-service store market in Mexico, which prevents Mexican consumers from obtaining better prices on food and beverages, revealed Cofece.

What is the biggest business in Mexico?

Mexico: largest companies 2020, by revenue In 2020, América Móvil was the leading Mexican company based on net revenue, with over one trillion Mexican pesos generated. State-owned Mexican oil company Petróleos Mexicanos, known as Pemex, ranked second that year, with a revenue of around 950 billion pesos.

Is there Target stores in Mexico?

There are no Target stores in Mexico. There is Wal-Mart/Sams Club and Costco.

READ ALSO:   What happens if the wicket is knocked over before the batsman hits the ball?

Who are Walmart’s international competitors?

Top Walmart Competitors

  • Amazon.
  • Alibaba.
  • Home Depot.
  • IKEA.
  • Costco.
  • Lowe’s.
  • eBay.
  • ALDI.

Is Walmart successful in Mexico?

Walmart de Mexico (WALMEX.MX), the biggest retailer in Mexico, posted net profit of 11 billion pesos ($535 million) while revenue rose 6.4\%, to 176 billion pesos.

Is Walmart popular in Mexico?

Market position Among leading supermarkets in Mexico, the net annual income of Walmart de México has far exceeded that of its main competitors, Soriana and Chedraui. Combined, these two companies make up roughly a third of the leading companies’ supermarket sales in Mexico, while Walmart brings in a decisive majority.