Mexican retailer Walmex to invest 12.4 bln pesos in 2015
March 18 (Reuters) - Wal-Mart de Mexico, the country's biggest retailer, said on Wednesday it would invest 12.4 billion pesos ($809.45 million) this year in maintenance and expansion of its sales floor.
Last month, the retailer, which has suffered in recent years from a slump in Mexico's economy, forcing it to sell assets and focus on its supermarket business, reported a 40 percent rise in fourth-quarter profit.
($1 = 15.3190 pesos) (Reporting by Gabriela Lopez)
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