Walmart to Invest $6 Billion in Mexico in 2025 to Add Locations
The expansion will create 5,500 jobs, Chief Executive Officer Ignacio Caride said at Mexican President Claudia Sheinbaum's daily news conference. The company will use the funds to open more stores under the Bodega Aurrera, Sam's Club, Walmart Supercenter and Walmart Express brands, the company said in a statement.
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CNET
2 hours ago
- CNET
Act Fast to Get a One-Year Membership to Sam's Club for Only $25
Costs of everyday items are rising, which makes any chance to save worth grabbing. Shopping at a warehouse like Sam's Club is a great way to buy in bulk and stack savings. You can even score discounts on select electronics or furnishings. However, you'll need a membership to get in the door, and unfortunately, that's another expense. Thankfully, that changes today. StackSocial is currently offering a one-year Sam's Club membership for only $25 -- that's a massive 50% discount on the retail price of $50. The only catch is that this is a limited-time deal so it might be ending soon. We recommend acting fast while you can. Sam's Club is known for its bulk grocery items and everyday essentials, as well as a large selection of TVs, clothing, small kitchen appliances and other wares. It's an excellent place to shop if you have a family or want to stock up, so you can save in the long run. In addition to those savings, you'll also get access to Sam's Club's gas pumps and auto-service, which includes free flat-tire repair, battery testing and windshield-wiper replacement. And there are even more discounts on hotels, rental cars, movies and more. Hey, did you know? CNET Deals texts are free, easy and save you money. In addition to in-store offers, you can order online and get curbside pickup for $4 or same-day delivery for $12. This StackSocial deal is only for new members or those whose memberships lapsed more than six months ago. To score all of the benefits, you must download the code and redeem your membership by Aug. 31, 2025. Then download the Sam's Club app to access a digital card and start saving immediately. Keep in mind that the membership auto-renews at the regular price. If you decide not to renew, cancel online before your renewal date. Looking for ways to save on groceries and aren't sure if this deal is for you? We compared prices at Aldi and Trader Joe's and the best grocery delivery services so you can see which one is the best fit for your lifestyle. Why this deal matters A Sam's Club membership typically costs $50. This StackSocial deal gets you a one-year membership for just $25. That makes now a great time to score an annual membership if you're interested in joining, especially when you consider all the extra savings you'll get shopping at Sam's Club.
Yahoo
2 hours ago
- Yahoo
Exclusive-Mexico's antitrust watchdog accuses banks of joint price fixing
By Natalia Siniawski MEXICO CITY (Reuters) -Mexico's antitrust watchdog COFECE has found that 21 banks and financial institutions operating in the country are likely responsible for fixing fees related to deferred credit card payments, according to a document produced by the government agency that was seen by Reuters. The 649-page document outlining the findings and listing the institutions and individuals allegedly involved includes the Mexican subsidiaries of HSBC, Santander and Scotiabank. The document indicates that, based on preliminary findings, there is sufficient evidence to presume the parties may have engaged in anti-competitive conduct. COFECE began the investigation in 2022, saying at the time it was looking into suspected monopolistic practices, including price-fixing and manipulation in the market for deferred credit card payments, by which the cost of a purchase can be spread over several months. The antitrust authority alleges the institutions met regularly to set surcharges for merchants, which were then formalized in regulations and collectively enforced, while also excluding some merchants from the market. The banks listed in the document are being notified of the findings, the document says, marking the start of a trial-like phase in which the parties can present evidence and arguments in their defense before the watchdog's plenary issues a final resolution. It is unclear what the penalty would be if the allegations are upheld. By law, it can impose fines as high as 10% of a company's annual Mexican earnings. COFECE's remit is limited to issuing fines. It does not have the power to prosecute, but can file class-action lawsuits and submit reports to prosecutors who can initiate legal proceedings. Some of the other institutions cited are: Red Amigo DAL; Banco Mercantil del Norte; Banco Nacional del Ejercito, Fuerza Aerea y Armada; Servicios Financieros Soriana; Banco Regional; Banco INVEX, and Banco Azteca. Others include Banca Afirme; Banca Mifel; Tarjetas del Futuro; Liverpool PC; Banco del Bajio; Banco Inbursa; Klar Technologies; Crediclub; Oplay Digital Services; Caja Morelia Valladolid and Banco Ahorro Famsa. COFECE and the banks did not immediately respond to requests for comment. COFECE has previously targeted other major industries in high-profile actions. In August 2021, the agency fined five pharmaceutical distributors and 21 individuals roughly 903 million pesos ($48.65 million) for a decade of fixing prices and restricting the supply of essential medicines between 2006 and 2016. In October 2022, it imposed over 2.4 billion pesos in fines on more than 50 liquefied petroleum gas distributors across several states, finding evidence of coordinated price manipulation and market division. ($1 = 18.5605 Mexican pesos) Sign in to access your portfolio
Eater
4 hours ago
- Eater
A New Bill Could Solve Infamous Restaurant Permitting Problems
is the associate editor for the Northern California and Pacific Northwest region writing about restaurant and bar trends, coffee and cafes, and pop-ups. It's a tragic and common tale in the Bay Area: a would-be restaurateur is destroyed by mountains of paperwork and ongoing permitting entanglements, draining the cash and steam before opening. Assembly Bill 671 might cure this ailment. The San Francisco Chronicle reports Assembly Members Buffy Wicks of Oakland and Jesse Gabriel of Los Angeles County authored a bill that would require 'local building departments to approve or deny restaurants' permit applications within 20 business days.' This might sound humdrum, but those in the industry know this would be a game changer. Further, resubmitted changes would only get a 10-day response window. If department workers fail to meet these time frames, permits would be automatically approved. While building permits are just one of the different kinds of permits required for newcomers, this expediting could make a difference; Saltwater Bakeshop, for instance, has been delayed more than two years in opening due to these processes. The bill will be heard in the chamber on Monday, August 18. San Jose coffee pros open new shop The operators at Academic Coffee in San Jose, one of the city's favorite specialty shops, have opened Playback Coffee Co. with a grand opening set for Saturday, July 26. To ring in the affair, there'll be DJs for a pop-up coffee and house music party starting at 10 a.m. The new cafe is located inside the San Pedro Square Market and is open daily from 7 a.m. to 7 p.m. The Bay Area is only okay at tipping The data is in, and it looks like tipping between 15 and 20 percent is more of an aspiration than a reality for many in the Bay. The San Francisco Standard worked with payment firm Square to analyze tipping data from 2022 to 2025 across the region. Per the findings, Northern California 'never quite reached 15 percent.' The outlet found San Francisco at 14.8 percent average tip for food and beverage, and that Antioch has the area's best tippers at an average of 15.4 percent. Mexican restaurant launches DJ series In the same music-heavy spirit, Celia's Mexican Restaurant is throwing its first vinyl brunch listening party at its Outer Sunset location on Saturday, July 26. Bottomless mimosas, new brunch offerings, and lots of cumbia and Latin music selected by Discodelic Records await guests. The idea came from owner Phil Havlicek and Sal Lopez's love of Mexico City-style listening parties. The festivities start at 11 a.m. and run until 3 p.m. Eater SF All your essential food and restaurant intel delivered to you Email (required) Sign Up By submitting your email, you agree to our Terms and Privacy Notice . This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
