Walmart $1.5 billion boost to Mexico and Central America
Walmart de México y Centroamérica expects to invest a "historic" $1.56 billion this year in its operations in Mexico and Central America.
The company plans to speed up store openings, particularly in Central America, a region it entered early last year with the acquisition of around 500 stores that previously belonged to parent company Wal-Mart Stores and local investors.
Walmex expects to open 365 stores in Mexico and 80 stores in Central America.
Original source: Dow Jones