Archive for the 'Mexico' Category

WALMART INSUFFICIENTLY GUILTY FOR JUDGE…

Friday, May 13th, 2016

Walmart is guilty, just not guilty enough, according to Chancellor Andre Bouchard of the Court of Chancery in Wilmington, Delaware. Bouchard. Bouchard dismissed a lawsuit by Wal-Mart Stores Inc. shareholders who accused the board of the world’s largest retailer of trying to cover up bribes paid by company executives in Mexico, according to Tom Hals […]

WALMART GETTING AHEAD OF TRUMP’S WALL…?

Friday, May 6th, 2016

Much of the news concerning Americans not living in the United States of late has been focused on the Republican obsession illegal immigration: Donald Trump and the mythical idea that a Game-Of-Thronesesque wall can keep the White Walkers undesirables out. Good luck with that. Walmart, however, has a more enlightened view of our neighbors to […]

HOW WALMART FIGHTS BELOW THE BORDER…

Saturday, July 18th, 2015

San Antonio, Texas-based grocer H-E-B has long competed with Walmart in Texas, but 18 years ago, after Walmart took a six-year lead by forming an alliance with Mexican retailer Grupo Cifra, H-E-B followed the Bentonvile Behemoth into Mexico and got a taste of a more free-style kind of competition. Neal Morton in H-E-B takes battle […]

WALMART DOES REACT TO PUBLIC SCRUTINY…

Monday, February 16th, 2015

Shining bright lights into the corners of Walmart’s dark world does have positive effects as evidenced by the Bentonvile Behemoth’s reactions to the Los Angeles Times story Hardship on Mexico’s farms, a bounty for U.S. tables. The Times gave Walmart a chance to react and respond. Wal-Mart issued the following statement describing its plans to […]

$10,000 A DAY IS LESS THAN POCKET LINT…

Wednesday, January 7th, 2015

Shareholders accused Wal-Mart Stores Inc. in a Delaware court filing Thursday of failing to comply with a court order to produce files from an internal [Foreign Corrupt Practices Act] investigation of alleged bribery in Mexico. The plaintiffs asked the court to impose sanctions of $1 million on Wal-Mart for ignoring an order by the Delaware […]

LETTUCE AND ONIONS WITH SPOTS…

Saturday, April 24th, 2010

One of the great aspects about the Web is how it brings together information that clicks. Consider the juxtaposition of John Stoll, Walmarts director of produce and Ignacio Galicia, a vegetable wholesaler in Mexico City’s central de abasto. From PRI’s The World: Mexico’s markets going mainstream Repeat after me: Too Big To Fail. For decades, […]

AT LEAST HE DOESN’T HAVE TO LIVE THERE…

Saturday, December 19th, 2009

I wrote earlier this month about changes in Walmart’s Central and South American operations and this morning I read the announcement that Eduardo Solorzano has been named president and CEO of Walmart de Mexico. The rest of the news release is standard fare except for this line: Based in Walmart’s Latin American regional office in […]

WALMEX BUYS WALMART CENTROAMERICA…?

Wednesday, December 9th, 2009

I’m confused by this story. I’m digging further but, I have to wonder why Walmart would sell one division, Walmart Centroamerica, to another division, Walmex? I’m sure there’s a financial upside to the moving of deck chairs, but hell if I can tell what it is. From Dow Jones: Retailer Wal-Mart de Mexico SAB de […]

Excuses, Excuses

Wednesday, April 8th, 2009

When business doesn’t meet expectations Walmart drags out the excuses. March Walmex Sales Fall Wal-Mart de México said sales at stores open at least a year fell 1.1 percent in March. Same-store sales fell in part because March had one fewer Saturday than last year and Easter, which was in March in 2008, is in […]

POR FAVOR… NO MAS…!

Wednesday, October 29th, 2008

We’ve written before about Walmart micro-targeting niche populations like the Middle Eastern community around Detroit. Now it wants to march its Hispanic marketing lessons from Mexico into Texas with a wholesale club targeting a Latino base. From Reuters: Wal-Mart Stores Inc’s Sam’s Club division is opening a new type of warehouse club aimed at attracting […]

The company store returns.

Saturday, September 6th, 2008

This is the Wall Street Journal: Mexico’s Supreme Court ruled this week that Wal-Mart de Mexico, the country’s largest retailer based on sales and a unit of Wal-Mart Stores Inc., violated the constitution by paying workers in part with vouchers only redeemable for merchandise at the chain’s outlets. While there is no excuse for this, […]

WAL-MART HARBORING ILLEGAL IMMIGRANTS…

Sunday, May 25th, 2008

But not the human kind. In the past we’ve written about about people bitten by snakes at Wal-Marts. Now it appears that another illegal immigrant threat is making a reappearnace at Wal-Marts. From Huntington, W.Va.’s WSAZ television: A trip to Wal-Mart turned into a trip to the hospital for the Templeton family. A scorpion from […]

Earnings Power Compared

Thursday, April 10th, 2008

Since Mexico is one of the biggest trading partners of the US and since many jobs have moved there and since Walmart is making a big push, it is interesting to see how workers in both countries fare when doing the same job. If you worked in Mexico, What could you afford to buy? You […]

WAL-MART STRIKE SETTLEMENT WAS A CROC…?

Thursday, February 14th, 2008

A week ago Jonathan wrote about Wal-Mart workers in Mexico walking out on strike. The strike was a short one, lasting all of a day. And it ended with Wal-Mart actually signing a labor contract with the workers. You have to ask, what the feck was going on here? Nick Gier has a few suggestions. […]

Huelga!

Thursday, February 7th, 2008

Just out from Reuters: Wal-Mart de Mexico (Walmex), the country’s biggest retailer, suffered its first-ever strike this week when 300 workers from two stores and a restaurant walked out for a day in a dispute over pay and conditions. Jaime Camacho, a top official from a grass-roots workers movement that backed the strike action, told […]