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We review Walmart's third quarter results and the outlook as it moves into its most important trading period.

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Mexican retailer and Coca Cola bottler FEMSA has announced consolidated revenue growth of 10.2% in Q3. Total revenue growth for its OXXO convenience stores reached 10.1%, with the stores generating sales worth MXN48.4 bn (US$2.5 bn). Sales through its convenience stores account for over a third of FEMSA’s total company sales. Total revenues for its health and fuel divisions were up 26.6% and 1...
In its Q3 results, Walmex has reported consolidated revenue growth of 4.9% for its operations in Mexico and Central America. Total revenue for its stores in Mexico reached MX$126.98bn (US$6.7bn), representing a 5.2% growth. Performance driven by continued same-store sales (SSS) growth Walmex’s performance was mainly driven by strong SSS, however this was reduced when compared to Q3 last yea...
Uber has announced its acquisition of Cornershop, a grocery delivery app founded in Santiago, Chile and launched in 2015. An undisclosed fee has been agreed, however the deal is subject to regulatory approval. If it does go ahead the transaction is expected to close early 2020. Cornershop acquisition by Walmart previously rejected Walmex (Walmart Mexico) previously tried to acquire the Corn...

Presentations

12/12/2019
In this presentation we look at the regional and country forecasts for grocery retailing to 2024. With the global grocery retail landscape changing fast, providing both opportunities and challenges for your business we look at the changes to our outlook to help you better understand how we see them growing and evolving to 2024.
02/12/2019
We’re wrapping up 2019 by looking at some of the most insightful discount stores we visited this year. This report will give you a view on how the discount channel is evolving globally. Discounters use a more shopper centric strategy, they invest in technology in their stores and evolve their assortments to align with latest trends.
20/11/2019
We visited Walmart’s flagship Lomas Toreo store in Mexico City. It features many of the retailer’s latest omnichannel initiatives, which enhance the shopping experience. It is the first store in Mexico to feature an online Pick-up tower and the first to showcase its modern Café Marketside concept.
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Key presentation

This in-depth guide to Mexico explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.

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