By  on April 20, 2014

MEXICO CITY — Wal-Mart Stores Inc.’s Walmex subsidiary could open 35 stores in Central America this year to offset sluggish growth in Mexico, where a 2012 bribing scandal stalled a breakneck expansion.

Walmex, as the Mexican and Central American unit of the world’s largest retailer is known, will invest $1.1 billion to bolster its Central American retail space by nearly 7 percent compared with 5 percent in Mexico — a reversal from previous years when growth had been more strongly focused on Mexico.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus