Mexican retailer Wal-Mart de Mexico (Walmex) has reportedly hit back at accusations that many of its products are imported, claiming 93% of goods it sells in Mexico are made within the country.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The company, majority owned by US retail titan Wal-Mart, said it actually sells a lower percentage of imported products than some of its rivals, with Soriana’s imported products making up 8.4% of goods sold, Comerical Mexicana selling 7.7% imports and Gigante selling 5.8% imports, reported Corporate Mexico.
Walmex also said it had invested money in a new distribution centre for frozen food products, enabling the company to buy agricultural products directly from Mexican farms.
