Walmex

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Wal-Mart de Mexico, is a Latin American blue-chip company, a majority of which is owned by the American retail giant Wal-Mart Stores, Inc. It is traded at the Mexican Stock Exchange since 1977 [1].

Wal-Mart operates nearly 893 retail outlets in Mexico including restaurants and supermarkets. Its stores and restaurants operate under the names Superama, Suburbia, VIPS, Sam's Club and Bodega Aurrera. The company is now Mexico's largest private sector employer.

Wal-Mart in Teotihuacán

In 2004, Wal-Mart faced opposition by local and environmental groups opposed to the installation of a Wal-Mart-owned Bodega Aurrera store located near the archeological site of Teotihuacán. In spite of negative sentiments by these groups and the media, the National Institute of Anthropology and History (INAH) dismissed concerns that construction of the store would destroy archeological treasures. The federal government also endorsed the project which is located a mile away from the pyramids. The store opened its doors at the end of the year.

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