Wal-Mart de Mexico plans major expansion

02/18/2010 | Reuters

Wal-Mart de Mexico plans to open 300 stores in Mexico this year, and 186 of them will be the Bodega Aurrera Express. "Bodega Aurrera Express is the first discount store near our customers' homes that offers prices 10 to 20% lower than those at other small formats," CEO Scot Rank said. Walmex opened 275 outlets in Mexico last year, including restaurants and clothing stores.

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