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	WALMEX
		Walmex continues to have a sound balance sheet, with strong cash flow generation and internally financed expansion.
		At the operating level, Walmex continues to reap the benefits of Wal*Mart’s direction in the form of increased efficiencies and greater operating leverage as a result of higher sales, exemplified by the 6.4% increase in sales per employee, a positive sign.
		Walmex’ results were highly encouraging and the outlook for 2001 remains bright, with expected 3%-3.5% growth in same-store sales, and stable margins at the gross level.
	www.cbbanorte.com.mx /analisis/emisora/walmex/reportes/4t00/4q.html (1125 words)

	Mexico's Walmex to expand into 20 new cities - Boston.com
		Walmex , an affiliate of the world's largest retailer Wal-Mart Stores Inc. , said on Tuesday it will invest 11.9 billion pesos ($1.14 billion) to open 120 stores and modernize others in 2006.
		Last year, Walmex spent a record 8.13 billion pesos to open 95 new units in 60 cities.
		Shares in Walmex, among the most popular in Latin America with investment funds, gained 0.83 percent to close at 30.23 pesos on Wednesday.
	www.boston.com /business/articles/2006/03/02/mexicos_walmex_to_expand_into_20_new_cities (476 words)

	Diamond Electronics-Press Release
		Walmex also put together a group of 200 suppliers that have the scale to export to Wal-Mart U.S. Result: For Valentine's Day this year Wal-Mart sold flowers from Mexico for the first time; Eastertime sales of candies from Mexico were brisk.
		At the ten Walmex warehouses across the country most goods move in one side of the building and out the other on the same day.
		Walmex is the largest retailer in Latin America and, with 94,700 employees, the largest private employer in Mexico.
	www.diamond-electronics.com /pr.html (898 words)

	El Universal Online
		Walmex, controlled by Bentonville, Arkansas-based Wal—Mart Stores Inc., had a net income of 1.46 billion pesos (US128 million) compared with 1.14 billion pesos in the same period a year earlier, according to the median estimate of five analysts surveyed by Bloomberg.
		Walmex set up outlets in Mexico's biggest cities first and now is expanding into smaller population centers.
		Walmex shares 28 centavos, or 0.7 percent, to 38.89 pesos in Mexico City at the 3 p.m.
	www.eluniversalonline.com /pls/impreso/noticia.html?id_nota=7007&tabla=miami (551 words)

	Walmex 1st-Qtr Net Rockets By 35 Percent
		Walmex, controlled by Bentonville, Arkansas-based WalMart Stores Inc., had net income of 1.85 billion pesos (US166 million), or 42 centavos a share, compared with 1.37 billion pesos, or 31 centavos, a year earlier, the company said in an e-mailed statement.
		Walmex's sales rose to 36 billion pesos, or 12 percent, from 32 billion pesos a year earlier, the company said.
		Walmex shares gained 45 centavos, or 1.2 percent, to 38.28 pesos.
	www.banderasnews.com /0504/nz-walmex.htm (652 words)

	JS Online: Mexico Ends Wal-Mart Antitrust Probe (Site not responding. Last check: 2007-10-18)
		Walmex left the association last year in a dispute over comparative pricing promotions.
		When the probe was formally launched last May, a company spokeswoman said Walmex provides mechanisms that enable its suppliers to keep their costs down.
		Walmex, which operates nearly 600 retail outlets in Mexico including restaurants and supermarkets, has been racing ahead of its main competitors in recent years.
	www.jsonline.com /bym/news/ap/mar03/ap-mexico-wal-mart031403.asp?format=print (268 words)

	Welcome to FreshPlaza
		Retail powerhouse Walmart de Mexico (Walmex) started a fresh price-cutting drive across its supermarkets on Thursday, using its trusted formula to try to take even more market share from competitors.
		Walmex said it would cut prices on 10,000 items at its Bodega Aurrera, Wal-Mart and Superama stores, extending a strategy that has put it in first place in Mexico's fragmented retail sector.
		Walmex, a unit of No.1 global retailer Wal-Mart Stores Inc., started its low-price strategy in Mexico eight years ago, passing on cost savings from efficiencies of scale and its huge capacity for negotiating deals from suppliers.
	www.freshplaza.com /2006/17jul/rn_mx_walmex.htm (160 words)

	Forbes.com - Magazine Article
		Last year, Mexico accounted for one-fourth of Wal-Mart's $40 billion in international sales, second only to the U.K. Walmex's sales for this year, at $7.4 billion as of the third quarter, are ahead of 2002's by about $700 million.
		Walmex says it welcomes "any effort that will benefit the consumer" and is confident that the alliance will have little impact on its business, which is booming: Third-quarter sales were up 9% from a year ago; profit was up 14%.
		"If you miss a sale for Walmex because you don't want to give them the discount they're asking for, you could miss your annual sales target by as much as 50%," estimates Morales, who believes that the alliance is a good move for all three chains.
	www.forbesimg.com /2003/10/29/cx_al_1029walmex_print.html (965 words)

	NWAnews.com :: Northwest Arkansas' News Source (Site not responding. Last check: 2007-10-18)
		Walmex, controlled by Arkansas-based Wal-Mart Stores Inc., is gaining market share as it opens new stores faster than its competitors, Daniel Parker, an analyst with Bear Stearns & Co. in New York, said in an interview last month.
		Walmex, now the third-biggest Mexican company by market capitalization, accounted for 8 percent of Wal-Mart’s $69.7 billion sales in the first half of this year.
		Soriana has faced less competition from Walmex than Comerci and Gigante because Walmex has penetrated northern Mexico at a slower rate than in its central and southern Mexico stronghold, said Rogelio Gallegos, who manages 650 million pesos in Mexican and U.S. stocks with Actinver SA, including stocks from Soriana, Walmex and Comerci.
	www.nwanews.com /story.php?paper=adg§ion=Business&storyid=100485 (763 words)

	Forbes.com - Magazine Article (Site not responding. Last check: 2007-10-18)
		Last year, Mexico accounted for one-fourth of Wal-Mart's $40 billion in international sales, second only to the U.K. Walmex's sales for this year, at $7.4 billion as of the third quarter, are ahead of 2002's by about $700 million.
		Walmex says it welcomes "any effort that will benefit the consumer" and is confident that the alliance will have little impact on its business, which is booming: Third-quarter sales were up 9% from a year ago; profit was up 14%.
		Walmex competitors are going to have to do more than just get discounts from their suppliers if they want to survive."
	www.forbes.com /2003/10/29/cx_al_1029walmex_print.html (965 words)

	Mexico's Walmex same-store sales up in Feb. - Boston.com
		Leading Mexican retailer Wal-Mart de Mexico, or Walmex, said on Thursday its same-store sales rose 3.9 percent in February compared with a year earlier.
		MEXICO CITY (Reuters) - Leading Mexican retailer Wal-Mart de Mexico, or Walmex, said on Thursday its same-store sales rose 3.9 percent in February compared with a year earlier.
		Walmex , controlled by U.S. retail giant Wal-Mart Stores Inc. , said total sales for the month were 12.687 billion pesos ($1.18 billion), up 13 percent from the same month last year.
	www.boston.com /business/articles/2006/03/09/mexicos_walmex_same_store_sales_up_in_feb (151 words)

	Bloomberg.com: Latin America
		Walmex, as the Mexico City-based company is known, said today in an e-mail that it applied for a banking license and will inform investors when the permit is granted.
		Walmex plans to operate the banks out of its 826 stores and provide credit charging lower fees than other banks to help boost sales, said a company spokesman in Mexico City.
		Walmex has agreements with lenders including the local unit of Banco Bilbao Vizcaya Argentaria SA to service Wal-Mart credit cards in Mexico.
	www.bloomberg.com /apps/news?pid=20601086&sid=a997iv8elnmA&refer=latin_america (448 words)

	[No title]
		Walmex is now valued at $14.5bn, making it Mexico's second largest public company and Latin America's top retailer, worth more than the next 17 retailers combined.
		This helped Walmex slash prices by 14 per cent when EDLP was finally introduced in 1999.
		Walmex runs all its IT systems through Wal-Mart's mainframe in Bentonville, Arkansas, and makes purchases under the international Wal-Mart umbrella whenever possible.
	cob.jmu.edu /sheltork/Mktg385/385ch11/wal.doc (776 words)

	Foods For Trade - Print Article (Site not responding. Last check: 2007-10-18)
		Mexican retail giant Wal-Mart de Mexico (Walmex) has reported a rise in third-quarter profits, as cost savings and increased market share helped offset the weak economy and flat September sales.
		Walmex, which is majority owned by US retail titan Wal-Mart, posted net profit of 1.14bn pesos (US$102m) for the third quarter, a rise of 14% compared to the year-ago period, and in line with expectations.
		Walmex posted an 11% rise in earnings before interest, taxes, depreciation and amortisation (EBITDA) to 2.09bn pesos.
	www.foodsfortrade.com /ftn/print.php?id=1041 (141 words)

	ClearStation : News Articles : WMT
		Wal-Mart de Mexico, or Walmex is controlled by Wal-Mart Stores Inc. and received final authorization last week to operate a bank, the first banking venture by the U.S. retail giant.
		Walmex's Adelante bank is due to launch in the second half of 2007 and its services will be available to customers in all of its stores, Solorzano said.
		Given Walmex's deep pockets and broad reach, it is expected to boost competitiveness in the financial industry, controlled by a handful of foreign banks which are often criticized for charging high transaction fees and interest rates.
	clearstation.etrade.com /cgi-bin/bbs?post_id=7775438&Refer= (540 words)

	UPDATE 1-Mexico's Walmex Feb. same-store sales up 5.7 pct \| News \| Market News \| Reuters
		The retailer, also known as Walmex (WALMEXV.MX: Quote, Profile, Research), said total February sales were 15.027 billion pesos ($1.345 billion), up 13.8 percent.
		Growth was driven by a low-price program that Walmex launched in late January, cutting prices on 7,500 products for at least 45 days.
		Walmex may extend the program and reduce prices on around 10,000 products through the end of this month.
	www.reuters.com /article/marketsNews/idUSN0834433820070308 (353 words)

	Management Ventures Inc. (Site not responding. Last check: 2007-10-18)
		For the month of December, Walmex reported sales of MXN18.59 billion, an increase of 8.7% in real terms over numbers reported for the same period last year.
		Walmex also opened three restaurants with one in Hermosilla, Sonora and two in Toluca, Estado de Mexico.
		Walmex currently operates 694 units throughout Mexico, including 61 SAM’S Clubs, 162 Bodegas Aurrerá, 89 Wal-Mart Supercenters, 48 Superamas, 50 Suburbias, and 284 restaurants, including 16 franchises.
	www.mventures.com - !http: //www.mventures.com/news/newslinkdetail.asp?NewsID=33064&EmailEdition=3&EmailDate=1/13/2005 (207 words)

	American Chamber México (Site not responding. Last check: 2007-10-18)
		Walmex looms monolithic over bit players in changing landscape by Morgan Lee Competitive, saturated and very risky-this is how analyst Gaspar Quijano of Vector Casa de Bolsa described the business environment in Mexico's retail sector.
		A Giant in the Sector Walmex continued to grow-and grow more efficient-during 2002, posting a net profit of US$234 million during the first nine months, a 10% increase over the same period last year.
		Despite the now-colossal size of Walmex, the retailer showed no signs in 2002 of financial fatigue.
	www.amcham.com.mx /hotissues/current/hotissues0902-17.html (405 words)

	Mexican Bolsa Rises Led by America Movil, Walmex; Latin Stocks \| Brazil daily (Site not responding. Last check: 2007-10-18)
		``Walmex is always a defensive play because they're gaining market share, while America Movil has such a strong financial position and strong fundamentals that long-term returns are secured,'' Gallegos said.
		Walmex said on June 9 sales at stores open for at least a year grew 3.4 percent in May after discounting for inflation, a third month of increase.
		Walmex sales are bigger that those of its three biggest competitors combined.
	www.brazildailynews.com /node/9537 (857 words)

	Vogue Gioiello - The international website for jewelry, goldsmith and watchmaking
		Wal-Mart de Mexico (Walmex), a department store chain that is majority-owned by U.S. retail giant Wal-Mart Stores, Inc., plans to open, over the next 18 months, 62 new outlets across the country.
		Walmex officials plan to invest approximately $464 million in the new store openings.
		Walmex, a department store chain that sells jewelry, clothing and household items, currently operates 500 retail outlets and restaurants under seven different names in Mexico.
	www.voguegioiello.net /04mer/0103/0801/eindex.shtml (177 words)

	[No title] (Site not responding. Last check: 2007-10-18)
		Walmex (WALMEXV.MX: Quote, Profile, Research), a unit of the world's largest retailer, Wal-Mart Stores Inc. (WMT.N: Quote, Profile, Research), reported a net profit of 1.95 billion pesos ($181 million) for the period, compared with 1.52 billion pesos a year earlier.
		Walmex has used aggressive expansion and low prices to become the dominant retailer in Mexico's fragmented market.
		Earnings were boosted by strong sales and cost efficiencies from a new, state-of-the-art refrigerated distribution center, a trend that is expected to continue this year, analysts said.
	photos.reuters.com /Investing/financeArticle.aspx?type=marketsNews&storyID=URI:urn:newsml:reuters.com:20050708:MTFH65540_2005-07-08_00-43-56_N07349527:1 (305 words)

	Walmex considering expanding into 20 new markets
		Mexican retail powerhouse Walmex has announced their plans to expand their business operations into 20 new cities this year.
		Their expansion plan would also see the company increase sales-floor space by 14 percent and remodeling of 150 existing units and improving distribution.
		Walmex chief executive Eduardo Solorzano said in a statement on these new plans: “To announce this investment represents enormous confidence in what will happen in Mexico, enormous confidence in its institutions, in absolutely everything.”
	business.techwhack.com /191/walmex (334 words)

	Memorandum on Wal-Mart
		Walmex reported to the Mexico Stock Exchange that its total sales are up 17.7 percent from last year.
		Walmex was previous known as Cifra SA is controlled by Wal-Mart Stores, Inc.
		Walmex is prospering because it can deliver on its motto: "Que Bueno, Que Barato, Siempre" because of the economic upturn.
	oak.cats.ohiou.edu /~ct278198/esp/wsjresearch.htm (3146 words)

	Management Ventures Inc. (Site not responding. Last check: 2007-10-18)
		Wal-Mart de Mexico (Walmex) reported sales of MXP16.25 billion, an increase of 6.7%, after adjustment for inflation, over numbers reported in December 2002.
		For 2003, Walmex reported record sales of MXP120.28 billion (USD10.66 billion), representing an increase of 14.2% year-over-year, or a real increase of 9.3% after accounting for inflation.
		Walmex currently operates 641 commercial outlets and restaurants, including Bodega Aurrera (140); SAM’S Club (53); Wal-Mart Supercenter hypermarkets (83); the upscale supermarket chain Superama (44); Suburbia clothing stores (52); and Vips restaurants (269).
	www.mventures.com - !http: //www.mventures.com/News/newsdetail.asp?NewsID=29227 (149 words)

	Like the US, Mexico Feels Wal-Mart Era - Social and Economic Policy - Global Policy Forum
		Today, Walmex runs 411 retailers and 285 restaurants, is Mexico's largest private employer, and has the second-highest market capitalization of any company on Mexico's stock exchange.
		Like Walmex, the majority of Gigante's stores are in the dense central areas of Mexico, particularly Mexico City.
		Walmex captured about a quarter of the retail market last year.
	www.globalpolicy.org /socecon/tncs/2005/0315walmex.htm (1027 words)

	ClearStation : News Articles : C
		Walmex says it is the biggest private employer in Mexico.
		Walmex, which boasts 872 units from supermarkets to restaurants, earned its No. 1 position in the Mexican retail market because of its rapid expansion, low prices and aggressive advertising.
		The efforts of Walmex's parent company in the United States to set up a consumer lending company have faced U.S. congressional scrutiny because of concern on the part of small and medium-sized U.S. banks over increased competition.
	clearstation.etrade.com /cgi-bin/bbs?post_id=7757605&Refer= (643 words)

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