Mexican retailer Wal-Mart de Mexico (Walmex) has posted a 7.3% rise in same-store sales in August, after adjusting for inflation.
Go deeper with GlobalData
Walmex, which operates 612 stores and restaurants, also reported total August sales of 9.6bn pesos (US$874.3m), a rise of 12.9% compared to the year-ago period, after adjusting for inflation.
Walmex, which is majority owned by US retail titan Wal-Mart, has been increasing its market share in Mexico through aggressive expansion and advertising, and low prices.
Before adjusting for inflation, Walmex’ same-store sales rose 11.6% year-on-year in August.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
