Walmart enters everything and everything

The one that wants to enter everything and everything is Walmart de México y Centroamérica, headed by Guilherme Loureiro. The company has operations in banking, health, telephony and mobile internet, with Cashi, Salud Servicios Médicos and Bait, and could soon add a fintech, whose name will be revealed in the short term.

This week, at its Investor Day – which for years had been open to the press and which on this occasion was an event closed only to investors – the company announced that it had received the acceptance of the financial regulatory authorities to buy an investment institution. Mexican electronic payments, which would allow the chain to accelerate its expansion in financial services.

He did not give further details, but the market he wants to enter is relevant, since in Mexico only 54 million adults have access to financial services, only half have a formal credit and 11 million people receive remittances in the country with which the market is quite juicy. Cashi already allows you to receive remittances, in addition to offering credit options at company store kiosks and from cell phones.

With its virtual mobile operator Bai, the chain already has 5.6 million active users and 7.8 million total users. While, with Salud Servicios Médicos, Walmart has 300,000 members who purchase a low-cost membership to access its network of 1,500 pharmacies and 500 doctor’s offices. That said, it goes with everything.

VIPs get stronger

After a two-year period in which it had maintained a slow recovery as a result of the coronavirus pandemic, the Vips restaurant chain, which has Jaime Vasquezclosed last year with a 34 percent annual growth in sales to the same units, considering only the branches that have been in operation for a year, thus surpassing the performance of Starbucks, which increased 31.8 percent, and that of Chili’s, which grew 31.4 percent annually.

In addition, in the fourth quarter of 2022, Vips, with its 249 restaurants, boasts positive figures that speak of a frank recovery in the segment in which it competes. In Alsea’s results report directed by Armando Torrado at a global level, it is reported that Vips registered a growth in same-store sales of 15.1 percent compared to the last quarter of 2021. The estimate is that the good performance of the chain will continue this 2023. In Mexico, Vips represents 15 percent of Alsea’s total revenues.

Traxion accelerates

The operator of cargo trucks and personnel transport, Traxión, chaired by Aby Lijtszain, announced that BTG Pactual began covering the company by placing it at a target price of 48 pesos per title, in addition to giving it a ‘buy’ recommendation. This implies an appreciation potential of more than 37 percent compared to the current listing prices of the logistics company’s titles, without forgetting the scope that joining the platform of a bank that has expanded its operations in Brazil will provide. , Chile, Colombia, Peru, Mexico and Argentina. Traxión identifies the nearshoring boom and the potential of cross-border service as growth opportunities and, without a doubt, it wants to take advantage of them.

They recognize livestock

Within the framework of National Livestock Day, the National Livestock Confederation (CNOG), which brings together more than 1,500 livestock producers in the country, recognized Grupo Lala, from Eduardo Triciowith the “Personality of the Livestock Sector” Award for his work, care and encouragement of the country’s livestock industry, where he has collaborated to consolidate high levels of productivity, competitiveness and sustainability of the production processes in which he participates.

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Deborah Acker

I write epic fantasy; self-published via KDP. Devoted dog mom to my 10 yr old GSD, Shadow! DM not a priority; slow response at best #amwriting #author.

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