MEXICO: Walmex Q4 profit down on price cuts

By Richard Woodard | 19 February 2014

Retailer Wal-Mart de Mexico, known locally as Walmex, saw its fourth-quarter net profit drop thanks to price cuts and falling consumer confidence.

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Retailer Wal-Mart de Mexico, known locally as Walmex, saw its fourth-quarter net profit drop thanks to price cuts and falling consumer confidence.

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