This Is Walmart’s Second Biggest Country

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By Douglas A. McIntyre Updated Published
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This Is Walmart’s Second Biggest Country

© Alexander Farnsworth / iStock Editorial via Getty Images

Walmart is the largest company in America, based both on the number of employees and on revenue. Last year, its global sales were $559 billion. It has 5,342 locations in the United States, and well over a million employees here.

Walmart also has huge operations outside America. Its international sales last year were $121 billion. Most of its operations are in a few countries, which include Canada, China, Mexico and the United Kingdom. Its largest international market borders the United States to the south. Walmart opened Sam’s Club, one of its divisions, in Mexico City in 1991 which started its operations in the country. Its growth since then has been phenomenal.

Today, Walmart has 2,634 locations in Mexico and employs approximately 200,200 people. In 1997, it bought a majority of local retailer Cifra. It then changed that name to Walmart de México (WALMEX).

The largest Walmart brands in Mexico are Bodega Aurrera Express with 1,113 locations and Bodega Aurrera with 549. These are traditional discount stores. Walmart also has 287 of its Supercenters, and 164 of its members-only Sam’s Club. Finally, Walmart de México has a supermarket chain called Superama which has 95 locations.

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Walmart also operates the Walmart Mexico Foundation, which it says focuses on “fighting hunger, sustainable communities, volunteerism and natural disaster relief.” The retailer has also tried to position itself in Mexico as environmentally friendly. Over 50% of its locations run on wind or “other clean energy sources.”

Many Americans know Walmart’s Mexico operations best because of a long New York Times expose published in 2012. It accused the company of driving growth through a large and elaborate series of bribes. Some of these were made to create zoning changes so Walmart could put stores in locations with heavy populations. The Times said the total sum of the bribes hit $24 million and indicated that people in Walmart’s most senior management were at least partially aware of the activities.

Base on its scale in Mexico, even if other large markets like China grow, none is likely to top the scope of Walmart’s operations in what is the southernmost nation in North America.

Click here to see how Walmart by far tops the list of the largest employer in each state.
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Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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