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Wal-Mart steps on the gas with double-digit growth

Thursday, September 16, 2010


Mexico's largest retailer, Wal-Mart de Mexico, or Walmex, plans to ramp up investment in its Central American operations to speed up growth in store count next year, the company's top executive said.
 
"In Central America, we inherited a growth plan of 3.5 percent," Walmex chief executive Scot Rank said, referring to floor space at company stores.
 
"Next year we'll be taking Central America to double-digit growth rates," he added.
 
Original source: Dow Jones