As Walmart’s revenue crosses $600 bn for the first time in its history, we look at what’s driving its performance and consider its priorities for the year ahead. Walmart's key numbers Walmart's total revenue in Q4 increased by 7.3% to $164 bn Sales in its US stores grew by 8%, with Sam’s Club up 11.3% US ecommerce sales increased 17%, up 18% on a two-year stacked basis US comp s...

Walmart delivered a strong Q3 sales performance, setting it up for the holiday trading period. We look at the factors driving its results and expectations going forward. Walmart's Q3 key numbers Walmart's total revenue in Q3 increased by 8.7% to $152.8 bn, representing an additional $12.3 bn year-on-year Sales in its US stores increased by 8.5%, with Sam’s Club up 12.8% US ecommerc...

Grupo Nós, a joint venture between the Brazilian company Raízen and the Mexican business FEMSA Comercio, is rapidly expanding the OXXO convenience store chain in Brazil. The first store opened in the city of Campinas (São Paulo state) and as of July 2022, it had 124 units in operation. The OXXO convenience chain was launched in Mexico by FEMSA in 1978 and it has since accumulated 20,196 st...