After a strong performance in the third quarter, the retailer has raised its outlook for sales and profit growth for the full year. With momentum heading into the key trading period, what can we expect to see from Walmart? Walmart's Q3 key numbers Walmart's total revenue in Q3 increased by 4.3% to $140.5bn, representing an additional $8.8bn in sales Sales in its US stores increased by...

Walmart Mexico (Walmex) has reported another strong set of quarterly results for Q3 2021. Its total revenue grew by 7.7%, totaling MX$145.6 bn (US$7.2 bn), with same-store-sales growth of 6%. In March 2021, we covered Walmex’s strategic priorities for 2021 , which were announced during its annual Walmex Day event. Here we explore the solid progress it has made against two pillars: leading i...

Mexican business Jüsto was established in 2019, as the countries’ first pureplay (100% online) grocery delivery business. It launched with an ambitious aim to disrupt the grocery industry in Latin America and within its first two years raised an impressive US$100m venture capital investment. On Tuesday 5 October, Jüsto announced it had formed an alliance with Rappi, Latin America’s lar...