Mexican retailer Wal-Mart de Mexico (Walmex) has posted a 7.3% rise in same-store sales in August, after adjusting for inflation.
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.

US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData