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. It has been traded in the Mexican Stock Exchange since 1977 (as Cifra ). Walmart de México y Centroamérica is the biggest retailer in Latin America.
17-495: [REDACTED] Look up cifra in Wiktionary, the free dictionary. Cifra may refer to: People [ edit ] Antonio Cifra (1584–1629), Italian Baroque composer Anita Cifra (born 1989), Hungarian handballer Matej Cifra (born 1979), Slovak television presenter Others [ edit ] Cifra 3 , a classic clock designed by Gino Valle in 1955 La cifra ,
34-436: A 1789 opera by Antonio Salieri CIFRA - González, Raga y Asociados , a Uruguayan polling consultancy Cifra (musical genre) Folkloric music genre from Argentina and Uruguay Cifra, a Mexican retail store founded in 1952, now Walmart de México y Centroamérica See also [ edit ] Cziffra Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with
51-491: A Mexican court ruled that Walmart de México could not pay its employees in vouchers redeemable only at the store, as it violated an article of the country's Constitution. In 2020, Walmart de México y Centroamérica was included in the Bloomberg Gender Equity Index for the third time. It is the only company in the self-service sector worldwide that has appeared in this index for three consecutive years. This Index
68-410: A classic clock designed by Gino Valle in 1955 La cifra , a 1789 opera by Antonio Salieri CIFRA - González, Raga y Asociados , a Uruguayan polling consultancy Cifra (musical genre) Folkloric music genre from Argentina and Uruguay Cifra, a Mexican retail store founded in 1952, now Walmart de México y Centroamérica See also [ edit ] Cziffra Topics referred to by
85-786: A joint venture agreement. This agreement allowed cooperation between the two companies and the opening of Walmart stores and Sam's Clubs in Mexico. In 1997, Walmart increased its stake by acquiring 51% of Cifra. Cifra was renamed Wal-Mart de Mexico, S.A. de C.V . Walmart again increased its stake in Wal-Mart de Mexico to 60% in April 2000. After completing the acquisition of Walmart's operations in Central America in January 2010, Walmart Mexico changed its name to Walmart de Mexico y Centroamérica . In 1999, following
102-494: Is different from Wikidata All article disambiguation pages All disambiguation pages cifra [REDACTED] Look up cifra in Wiktionary, the free dictionary. Cifra may refer to: People [ edit ] Antonio Cifra (1584–1629), Italian Baroque composer Anita Cifra (born 1989), Hungarian handballer Matej Cifra (born 1979), Slovak television presenter Others [ edit ] Cifra 3 ,
119-562: Is different from Wikidata All article disambiguation pages All disambiguation pages Walmart de M%C3%A9xico y Centroam%C3%A9rica As of October 31, 2022, Walmart operated 2,804 retail outlets in Mexico, under the Walmart Supercenter, Sam's Club , Bodega Aurrerá , Mi Bodega Aurrera, Walmart Express, and Bodega Aurrerá Express banners. As of 2012, the company was Mexico's largest private sector employer with 209,000 employees. Approximately one-fifth of Walmart stores in
136-636: Is made up of 325 companies belonging to 50 industries. An April 2012, investigative report in The New York Times reported that a former executive of Walmart de Mexico alleged that, in September 2005, Walmart de Mexico had paid bribes via local fixers called gestores to officials throughout Mexico in order to obtain construction permits, information, and other favors. Walmart investigators found credible evidence that Mexican and American laws had been broken. Concerns were raised that Walmart executives in
153-630: The Foreign Corrupt Practices Act. Walmart has invested $ 99 million in the internal investigations, which have expanded beyond Mexico to implicate operations in China, Brazil, and India. The case has added fuel to the debate as to whether foreign investment will result in increased prosperity, or if it merely allows local retail trade and economic policy to be taken over by "foreign financial and corporate interests." In December 2014, Grupo Financiero Inbursa agreed to acquire Banco Walmart from
170-473: The United States "hushed up" the allegations. Reportedly, bribes were given to rapidly obtain construction permits, which gave Walmart a substantial advantage over its business competitors. A follow-up investigation by The New York Times, published December 17, 2012, revealed evidence that regulatory permission for siting, construction, and operation of nineteen stores had been obtained through bribery. There
187-655: The implementation of NAFTA , Walmex initiated Mexico's first duty-free importation of fresh Canadian beef from Biological Farm Management Systems, an export company based in Alberta . In 2005, Walmart entered the Central American market by acquiring 33% of Central American Retail Holding Company (CARHCO) from Dutch retailer Royal Ahold NV. CARHCO operated stores in Guatemala, El Salvador, Costa Rica, Honduras and Nicaragua. In 2006, Walmart increased its stake to 51% and changed
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#1732880527924204-485: The name to Walmart Centroamérica. In December 2009, Walmart de México acquired 43% of Walmart Centroamérica from Walmart Stores Inc and 40% from two minority partners, paying over $ 1.4 billion pesos (approximately US$ 110 million) in cash and shares. In early 2010, the transaction was completed and Walmart de México was renamed Walmart de México y Centroamérica. In Mexico, Walmart has 2,804 stores, including 300 Walmart Supercenter stores, and 167 Sam's Club stores. In 2008,
221-492: The same term [REDACTED] This disambiguation page lists articles associated with the title Cifra . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Cifra&oldid=1246191943 " Categories : Disambiguation pages Disambiguation pages with surname-holder lists Italian-language surnames Hidden categories: Short description
238-419: The story became public. Forbes magazine contributor, Adam Hartung, also alluded that the bribery scandal was a reflection of Walmart's "serious management and strategy troubles," stating, "[s]candals are now commonplace... [e]ach scandal points out that Walmart's strategy is harder to navigate and is running into big problems." As of December 2012, internal investigations ongoing into possible violations of
255-402: The title Cifra . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Cifra&oldid=1246191943 " Categories : Disambiguation pages Disambiguation pages with surname-holder lists Italian-language surnames Hidden categories: Short description
272-533: The world are in Mexico. It competes with Soriana , La Comer , Chedraui , H-E-B , Casa Ley , S-Mart and Calimax . Walmex's restaurant division, Vips , was acquired by the Mexican restaurant company, Alsea , in September 2013 for around $ 626 million. Walmex also operated Suburbia , a chain of department stores which was acquired by Liverpool in 2016. The company was founded in 1986 as Cifra by Jerónimo Arango. In 1991, Cifra and Wal-Mart Stores, Inc. signed
289-546: Was evidence that a bribe of $ 52,000 was paid to change a zoning map, which enabled the opening of a Walmart store a mile from a historical site in San Juan Teotihuacán . After the initial article was released, Walmart released a statement denying the allegations and describing its anti-corruption policy. While an official Walmart report states that they found no evidence of corruption, the article alleges that previous internal reports had indeed turned up such evidence before
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