Out With Amazon: Wal-Mart Zings Mexico E-Commerce, Dominates Retail Market

MEXICO CITY -- Wal-Mart Stores Inc. (NYSE:WMT) has found a golden opportunity in Mexico: in only a year, the retail chain has managed to crack e-commerce, a way of doing business that scarcely existed in the country before. Along with its local subsidiary, Superama, Wal-Mart last year started offering same-day delivery to its Mexican online customers -- and with great success: 92 percent of Mexican online retail purchases are to either Wal-Mart or Superama.