Walmex sales rise - Brief Article

Eurofood, August 31, 2000

US retail giant Wal-Mart's Mexican subsidiary Walmex (Wal-Mart de Mexico) has announced that same-store sales have increased by 6.2% for the month of July compared with the figures for the same period the previous year. Walmex said total sales rose 13.2% to 5.5bn Mexican pesos (667m [European Dollar). Wal-Mart holds a majority stake in Walmex, which also operates five other chains in Mexico.

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