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Private company

Waldo's

Logo: Waldo's, Public domain, via Wikimedia Commons3

Mexican discount stores company

Waldo's (officially Waldo's Dólar Mart de México S. de R.L. de C.V., Waldo's L.L.C.) is a privately held company, the biggest Mexican one dollar store, operating three chains of retail stores. The namesake chain Waldo's consists of more than 890 discount stores across Mexico as of May 2025, with a merchandise selection similar to that of a dollar store in the United States, although without focusing on a specific single price point (or multiple thereof). Most products are priced between 9.99 and 99.99 pesos, about US$0.52 to US$5.19 as of June 10, 2025.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Jan 12, 1997Founded1
  • HeadquartersTijuana1
  • Websitewaldos.com.mx
  • Legal formlimited liability company1

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Waldos tizayuca
Photo: Waldos Dollar Mart Fachada Tizayuca Hidalgo, CC BY-SA 4.0, via Wikimedia Commons5

Waldo's (officially Waldo's Dólar Mart de México S. de R.L. de C.V., Waldo's L.L.C.) is a privately held company, the biggest Mexican one dollar store, operating three chains of retail stores. The namesake chain Waldo's consists of more than 890 discount stores across Mexico as of May 2025, with a merchandise selection similar to that of a dollar store in the United States, although without focusing on a specific single price point (or multiple thereof). Most products are priced between 9.99 and 99.99 pesos, about US$0.52 to US$5.19 as of June 10, 2025.2

The story

In 1999, Waldo's opened four stores in Tijuana, a large city along the border on the U.S. border next to San Diego, using the U.S. dollar store model.

From four stores in Baja California by 2005, it had grown to 147 stores in 21 of the 31 Mexican states. In 2022, Waldo's opened its 500th store in Mexico.

In May 2023, the company announced that:

it had grown by 45% in the three years up until then

its goal of growing from 800 to 1000 stores "soon" with an investment of 2 billion pesos (about US$115 million)

its opinion that the Mexican market could eventually support up to 5000 Waldo's stores

From Wikipedia’s article on Waldo's, shared under CC BY-SA 4.0.4

Products and brands

Product categories

Products carried are similar to dollar stores in the U.S.:

Homeware for kitchen, bathroom, bedroom

Home decor, home organization, furniture, bed and bath linens

Groceries, everyday dry goods incl. personal care products

Read the full text

Cleaning supplies, pet supplies

Hardware and tools, auto supplies, camping supplies

Suitcases and travel bags

Small electronics, televisions, small appliances

Major appliances (small selection)

Apparel, wearing accessories, footwear, jewelry, watches, sunglasses

Toys, bicycles, games, party supplies

Since 2022, Waldo's also has separate stores branded Waldo's Motos selling motorcycles, thus competing with top retailer Elektra.

Financial services

Waldo's offers both a credit card, as well as international money transfers to Mexico with cash pickup at Waldo's stores, and runs the foundation Corazones con Vizión.

Facilities

Waldo's has distribution centers in Lerma, Guadalajara, and Tijuana. The retailer had about 9,000 direct employees as of May 2023.

From Wikipedia’s article on Waldo's, shared under CC BY-SA 4.0.4

Timeline

  1. Jan 12, 1997Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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