Wal-Mart to Make Big Investment in Brazil
Sao Paulo, Brazil Wal-Mart has announced plans to invest up to $ 1.15 billion next year in its Brazilian branch. It also plans to open between 80 and 90 locations in the country.
This will mark Wal-Mart’s largest investment to date in Brazil. In the last four years, however, Wal-Mart has invested more than $1.92 billion in the country.