Walmex: Adaptability of the Walmart business model

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Have you ever been to a “high-end Walmart” that is known for luxury and quality products? Can Walmart compete on something other than price? More so, can the Walmart business and operating model be adapted for different types of stores? The answer to all this questions is yes; in Mexico Walmex (Walmart Mexico and Central America) has been really successful in adapting its business model to serve different type of customers through several store formats.