SAO PAULO, Brazil -- Wal-Mart Stores' initial expansion into South America has been an early success, according to the company. A Sam's Club the opened here in May -- its first South American store -- is exceeding the Bentonville, Ark.-based retailer's expectations. Gerardo Ruiz, a Wal-Mart spokesman in Bentonville, said sales volume at the warehouse club unit "has been a pleasant surprise," although he declined to reveal specifics. Local observers, however, said business has increased ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.