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Walmart de México y Centroamérica reports 12.4 percent increase in sales. Results in Central America were modest, however

Monday, October 10, 2011

Thanks to strong growth in its Mexican operations, where same-store sales increased by 4.2 percent, Walmart de México y Centroamérica recorded a 12.4 percent increase in September sales of $1.9 billion.

In Central America, however, the change to a policy of “everyday low prices” led to an initial negative impact. Same-store sales dropped by 0.7 percent.

The company plans to open 445 stores this year. In September it opened 35, of which nine were in Central America.

Original source (in Spanish): CNNExpansión