Teaming up.Mexico's Federal Competition Commission will allow three Mexican Mexican named after or originating in Mexico. Mexican axolotl see ambystomamexicanum. Mexican beaded lizard (Heloderma horridum retailers, Gigante, Soriana Organización Soriana is a grocery and department store retail chain corporation headquartered in Monterrey, Nuevo León, Mexico. The company is 100% capitalized in Mexico and is publicly traded on the Mexican stock exchange the Bolsa Mexicana de Valores, since 1987 under the symbol: and Comerci, to combine purchasing to better compete against U.S. retail giant Wal-Mart's Mexican operation, Wal-Mart Mexico or Mexico City, Span. Ciudad de México (Méjico), city (1990 pop. 8,236,960; 1991 met. area est. 20,899,000), central Mexico, capital and largest city of Mexico. . The decision overturns a previous ruling disallowing the venture, known as Sinergia. The three retailers reported combined sales of US$9.08 billion in 2003, which was less than the $10.66 billion in revenue reported by Wal-Mart de Mexico during that same year. Wal-Mart de Mexico is that country's largest employer, with 100,000 employees working at 646 stores. The company's sales in Mexico alone generate more revenue than does Mexico's entire tourism sector, or about 2% of gross domestic product. |
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