Tags: Walmart | Stores | Peru

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

Monday, 01 July 2013 01:34 PM EDT

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.

© 2024 Thomson/Reuters. All rights reserved.


Companies
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,Stores,Peru,
96
2013-34-01
Monday, 01 July 2013 01:34 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved