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Walmart de México y Centroamérica
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  • Walmart's Mexico division, the largest outside the U

 Walmart de México y Centroamérica facts

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  • as of September 30, 2016, consists of 2,373 stores around the country, including 256 Walmart Supercenters stores and 160 Sam's Club stores
  • It has been traded in the Mexican Stock Exchange since 1977 (as Cifra)
  • Wal-Mart de México y Centroamérica is the biggest retailer in Latin America
  • The company was founded in 1952 as Cifra by Jerónimo Arango
  • In 1991, Cifra and Wal-Mart Stores, Inc
  • signed a joint venture agreement
  • This agreement allowed cooperation between the two companies and the opening of Walmart stores and Sam's Clubs in Mexico
  • In 1997, Walmart increased its stake by acquiring 51% of Cifra
  • Cifra was renamed Wal-Mart de Mexico, S

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