Wal-Mart to open 200 gas stations in Mexico
Retailing giant Wal-Mart plans to enter the Mexican fuelling market with the opening of 200 gas stations.
Wal-Mart has emerged as a new competitor for private and public fuel retailers after government sources have unveiled the company´s plans to open 200 new service stations, reports El Financiero.
The addition of 200 fuel stations would increase Wal-Mart´s sales in Mexico by 3.5%, according to stock market experts Citibanamex.
The retailer intends to take advantage of the liberalization of Mexico´s fuel retailing market, increasing its sales and attracting more clients to its supermarkets.
It is still unclear if Wal-Mart will operate its own gas stations or if it will establish a partnership with an operator like in the U.S. with Murphy USA.
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