Tags: Walmart | Stores | Peru

Walmart to Start Work This Year on Opening Stores in Peru, Source Says

Monday, 01 Jul 2013 01:34 PM

Wal-Mart Stores Inc. will start work this year on opening its own stores in Peru and has already registered its brand and company with regulators in the booming country, a company source said on Monday.

"Walmart is entering Peru this year ... it is coming no matter what, before the end of the year, maybe in October," the source said.

Company officials in the United States did not provide immediate comment.

In April, a Reuters report said Walmart was considering an expansion into Peru, where retail sales are on track to grow 20 percent this year.

© 2017 Thomson/Reuters. All rights reserved.

 
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Wal-Mart Stores Inc. will start work this year on opening its own stores in Peru and has already registered its brand and company with regulators in the booming country, a company source said on Monday.
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Monday, 01 Jul 2013 01:34 PM
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