Wal-Mart de Mexico SAB, a unit of Arkansas-based Wal-Mart Stores Inc. and Mexico’s biggest retailer and private-sector employer will invest $1.3 billion in the country to expand and improve logistics, according to The Wall Street Journal.

Wal-Mart employs 200,000 people in Mexico where it has close to 2,300 stores. Wal-Mart de Mexico sales were $28 billion in 2015. The retailer aims to double its sales between 2014 and 2024.
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Last Updated on December 9, 2016 by Ramin Seddiq