Wednesday, August 13, 2008

Wal-Mart Expanding in Brazil

Awesome.

The world’s largest retailer, Wal-Mart, says it will invest some 1.8bn reais ($1.1bn; £588m) to expand in Brazil.

The firm said it would open between 80 and 90 stores in 2009 in Latin America’s largest country.

Wal-Mart, which opened its first outlet in Brazil in 1995, has 318 stores there and a local workforce of 70,000.

(1) Comments
Posted by Owen at 2219 hrs
Foreign Affairs + Off-Duty