Thomson Reuters Business Description
Wal-Mart de Mexico SAB de CV (WALMEX) is Mexico-based company engaged in the retail sector. The Company’s business is structured in seven divisions: Discount Stores and Discount Warehouses, which offer basic merchandise, food and household items at discount prices under the Bodega Aurrera, Despensa Familiar, Maxi Bodega and Maxi Pali formats; Hypermarkets, which operate under the Walmart brand; Clubs, focused on the management of a network of membership warehouse clubs under the Sam’s Club and ClubCo names; Supermarkets, which comprise the Superama, Mas x Menos, La Union, Paiz and La Despensa de Don Juan supermarkets; Apparel, which distributes and sells apparel and accessories for women, men and children through a network of stores, which operate under the Suburbia name; Restaurants, which include the Vips and El Porton restaurant chains, as well as the Bank division, which operates through Banco Walmart.
