Full Description

Wal-Mart de Mexico SAB de CV (WALMEX) is Mexican retail chain operator. Its business is structured in three segments: Self-Service, Apparel and Restaurants. In the Self-Service segment, the Company operates Sam’s Club, a wholesale store; Bodega Aurrera, a general merchandise store, and two supermarket chains, Superama and Wal-Mart. The Company’s Apparel segment operations are carried out by its subsidiary, Suburbia SA de CV, which owns the Suburbia department stores. The Restaurants segment comprises the Vips and Porton chains of Restaurants. Through Banco Wal-Mart de Mexico Adelante SA, the Company provides multiple banking services. In addition, it is also engaged in the real estate and business support sectors. As of December 31, 2008, the Company had 1,204 business units operating in the Metropolitan, Central, North-Eastern, Northern, North-Western, South-Eastern and South-Western areas of Mexico. The Company’s majority shareholder is Wal-Mart Stores Inc.