MEXICO CITY (FNS) -- Food retailers operating in Mexico are scurrying to rebound from the effects of this nation's peso devaluation last December. The drop of more than 40% in the currency's value and the fast climb in interest rates have led retailers here and throughout the country to rechart their courses in the middle of a growth binge. The effects include the following: Price/Costco opted not to sell off its stake in Mexican operations and Wal-Mart's 1995 expansion was put on hold. ...
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