Puerto Vallarta News

Puerto Vallarta News

Walmart Bets On Online Food Spending In Chile And Mexico With Cornershop Acquisition

Walmart Bets On Online Food Spending In Chile And Mexico With Cornershop Acquisition

Key View Walmart's acquisition of Cornershop fits with its global omnichannel expansion strategy. The strategy allows Walmart to expand faster into Chile and Mexico at a time when it is cutting back its presence in riskier emerging markets. Chile and Mexico represent strong markets both from a grocery perspective but also in terms of e-Commerce uptake and future spending. The Latest: Global retail giant Walmart is acquiring Cornershop, an on-demand delivery company serving retailers in Mexico and Chile for USD225mn. The deal is subject to regulatory approval and is expected to be finalised by . . .

Related Posts

La Ruta del Mar

La Ruta del Mar puts Playa del Carmen back on the water

Playa del Carmen rolled out La Ruta del Mar, a sea-focused cultural route with activity...
Aquiles Serdán drainage upgrade

SEAPAL completes Aquiles Serdán drainage upgrade in Vallarta

SEAPAL says it replaced 1.07 km of sewer pipe on Aquiles Serdán, cutting the odds...
tariff-free meat imports

Mexico allows tariff-free meat imports from Brazil in 2026

Mexico opened tariff-free quotas for 2026 beef and pork imports, including Brazil, after removing meat...
US apple antidumping probe

Mexico opens US apple antidumping probe on imports

Mexico has opened an anti-dumping investigation into U.S. apple imports after growers alleged sales below...