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Grupo Cifra or Grupo Aurrerá-Cifra was a Mexican company, owned by Jerónimo Arango and his brother Manuel Arango, founded in 1986, whose main component businesses were supermarket chains Aurrerá and Superama, restaurant chains VIPS (Mexican restaurant) and El Portón, department storesSuburbia and others such as El Gran Bazar, BONS, Fratti and Bon Savor.
Walmart de México y Centroamérica, also known as Walmex, is the Mexican and Central American Walmart division. Walmart de México y Centroamérica is Walmart's largest division outside the U.S. as of October 31, 2022, consists of 2,804 stores around the country, including 300 Walmart Supercenter stores and 167 Sam's Club stores. [1]
Walmart opened Supermercado de Walmart locations to appeal to Hispanic communities in the United States. [169] The first one, a 39,000-square-foot (3,600-square-meter) store in the Spring Branch area of Houston, opened on April 29, 2009. [170] The store was a conversion of an existing Walmart Neighborhood Market. [171]
Bodega Aurrerá is a Mexican discount store owned by Walmart de México y Centroamérica.The chain was first established in 1970 in Mexico City.Though every Aurrerá store was converted into Walmart, both Aurrerá and Bodega Aurrerá names survived, the former as a product brand and the latter as a store.
The majority of the family's wealth derives from the heritage of Bud and Sam Walton, who were the co-founders of Walmart. Walmart is the world's largest retailer, one of the world's largest business enterprises in terms of annual revenue, and, with just over 2.2 million employees, the world's largest private employer.
The takeover by Walmart has made union leaders anxious due to Walmart's reputation for union busting. [4] Líder stores also employ child labor, bagging groceries; they must however be in school, according to the Labor Code. The company competes with Cencosud's Jumbo and Santa Isabel supermarkets, SMU's Unimarc, as well as the smaller Tottus. [6]
In 2002, Walmart entered the Japanese market by acquiring a minor stake in Seiyu Group, who would become a wholly owned subsidiary of Walmart by 2008. In 2005, had $312.4 billion (~$468 billion in 2023) in sales, more than 6,200 facilities around the world, including 3,800 stores in the United States and 3,800 international units, and more than ...