BOSTON — Three of Mexico’s largest retailers plan to pool knowledge and resources in an attempt to combat the growing market share of Wal-Mart Stores’ Mexican subsidiary, Walmex.
The companies — Controladora Comercial Mexicana, Grupo Gigante and Organizacion Soriana — have seen Walmex steadily grow its market share in the decade since the Bentonville, Ark.-based company acquired Mexico’s largest retailer, Cifra.
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