Mexican retailer Walmex to slow expansion plans in 2015
Wal-Mart de Mexico , the country's biggest retailer, will expand more slowly this year, and instead focus on making sure new stores generate more money, Chief financial Officer Rafael Matute said on Wednesday. Walmex has suffered in the past two years from an economic slump in the Mexican economy, forcing the company to sell assets and focus on its supermarket business. "This year, 2015, will be a year of pause," Walmex Chief Executive Officer Enrique Ostale said at an analysts
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