Posts Tagged ‘Wal-Mart’

Mexico: Wal-Mart bodegas

Wednesday, December 31st, 2014

As a former marketing/economics major, this strikes me as an interesting experiment:
For Wal-Mart in Mexico, Bodega Format Trumps Big Box
Retail Competes Against Street Vendors With New Chain of Mini-Grocers

Few organizations can match Wal-Mart’s in distribution and inventory, and now Wal-Mart is targeting the low-income market:

Since 80% of consumers in Latin America fall somewhere between middle class and poor, retailers who ignore that huge segment of the population aren’t really in the game, said Mr. Barrientos, who previously worked for Wal-Mart in Chile. Small stores, he added, are crucial for attending the lower-income brackets. Wal-Mart operates in nine Latin American countries.

The challenge comes from local open-air markets – the tianguis, possible protectionism measures from the Mexican government, adding locally-grown produce (in a country where cartels interfere in everything), and access to the new stores by customers who have no means of transportation.

However, these new shops offering longer hours may be welcome by slightly more affluent customers.

It’ll be interesting to see how it develops.

The Carnival of Latin America and the Caribbean

Monday, April 23rd, 2012

O’Grady: The Argentine Way of Business

Argentina’s energy industry
Fill ’er up
Cristina Fernández sacrifices her country’s relationship with its biggest foreign investor to satisfy her hunger for cash and nationalist symbolism

Argentina moves to seize control of Repsol’s YPF

El Séptimo Zarpazo Argentino

Buenos Aires, Bueno Patagonia

Dilma Rousseff Comes to Washington

Credit in Brazil
A more interesting decline
Borrowing costs have started to fall at last, but the hard part lies ahead

Iranian diplomat accused of Brazil child molestation
Brazil says it will seek an explanation from Iran after an Iranian diplomat was accused of molesting underage girls at a swimming pool in Brasilia

Chile earthquake shakes TV newsroom whilst on air,

Desde la cumbre, los buitres nos esperan

Cartagena’s night life spelled trouble for Secret Service

Mel Gibson Rage Rant in Costa Rica: ‘Filthy C—sucker Whore’ (Audio)

Report: 2 Cuban actors headed for New York film festival stay in Miami
Two young stars of a Cuban film featured in a New York film festival never showed up for their movie’s screening and are believed to have slipped away in Miami.
‘Una Noche’ Actors From Cuba Flee During Film’s Tribeca Festival Premiere

Anailin de la Rua de la Torre and Javier Nunez Florian, the 20-year-old Cuban-born actors, were flown from Cuba to the United States on Wednesday and were supposed to make their way to New York on Friday in order to promote the film. But instead, the pair stayed in Miami, according to 20-year-old Dariel Arrechada, the third star of the film who traveled with them.

Los sicarios de Fidel
Esta es la primera de tres entregas que El Nuevo Herald presentará sobre el libro Los Secretos de Castro y la máquina de inteligencia de Cuba, de Brian Latell, analista retirado de la CIA.

Read more here:

Addressing the Risk of a Cuban Oil Spill

Repression in Cuba caught on video

Daughter of Haitian Immigrants Is GOP Congressional Nominee in Utah. Her name is Mia Love.

Coast Guard stops 30th drug sub
Smugglers are using semi-submersible vessels to transport tons of cocaine from Colombia to Central America. The Coast Guard, Honduran Navy and other agencies caught one last month.

What’s with Obama? His Falklands gaffe angers Brits, puzzles others

Honduras farm workers stage mass land occupations
Thousands of rural workers in Honduras have occupied land as part of a dispute with large landowners and the government.

The NYT has a Captain Louis Renault moment: Vast Mexico Bribery Case Hushed Up by Wal-Mart
After Top-Level Struggle
Confronted with evidence of widespread corruption in Mexico, top Wal-Mart executives focused more on damage control than on rooting out wrongdoing, an examination by The New York Times found.
I am shocked, shocked that gestores are needed to conduct business in Mexico:

Spinning Fast and Furious: DOJ Refers Reporter To Media Matters

Mexico’s Popocatepetl volcano spews burning rock
The Popocatepetl volcano outside of Mexico City has been spewing glowing rock fragments as far as 1km (0.6 miles) down its slopes.

Santander Prepares Record Mexico IPO

Newmont’s Peruvian Gold Project Subject to New Conditions

Newmont Mining Corp. (NEM) (NEM)’s suspended $4.8 billion gold mine in Peru will be subject to “new conditions” that include the creation of 10,000 local jobs and a fourfold increase in reservoir capacity at the site to gain approval, Peruvian President Ollanta Humala said.

The company must pledge not to dry up highland lakes and invest in schools, irrigation canals and drinking water infrastructure in Cajamarca, a farming region in the northern Andes, Humala said in a speech broadcast yesterday on national television and radio.

Peru suspended the project and commissioned a review after Andean farmers, concerned that the project would dry up water supplies, blocked roads and destroyed Newmont installations in November. The project, which has cost $800 million to date, will cost more to build because of the recommendations of the review, Environment Minister Manuel Pulgar said April 18.

Aging Puerto Rico Nationalist Too Dangerous For Bail, Prosecutors Say

US Expedition Explores Mysterious Puerto Rican Reef

Rubio’s “50% plus one” for Puerto Rican Statehood

Sources say Venezuelan judge to provide valuable information in drugs case
Former Venezuela justice Eladio Aponte Aponte could provide valuable information in a federal drug and corruption investigation, sources said.

Dr. José Rafael Marquina afirma: “Chávez ya requiere ayuda para caminar

Chavez’s Last Stand
Hugo Chavez is dying — what does this mean for his scheduled October reelection

Friday Evening Musings about Venezuela After a Long Day

The week’s posts:
Hugo Chavez still alive

Were the Colombian prostitutes spies?

Oil blues: Argentina takes over YPF, White House yawns UPDATED

Summit of the Americas: the overseas campaign stop