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.

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