Wal-Mart’s Mexico Division to Spend $1.1 Billion to Expand Chain

Wal-Mart Stores Inc.’s Mexican and Central American unit plans to spend 15 billion pesos ($1.1 billion) to open stores and improve its e-commerce technology, aiming to spur growth in the region as U.S. sales slow.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.