Puerto Rico Challenges Wal-mart Acquisition

Date: 1 Nov 2002 | posted in: Retail | 0 Facebooktwitterredditmail

A broad coalition has coalesced in Puerto Rico to block an attempt by Wal-Mart to buy Supermercados Amigo, the island’s largest supermarket chain. The deal would give the retailer, which already has $1.16 billion in sales at 19 Wal-Mart and Sam’s Club stores, a 40 percent share of Puerto Rico’s grocery sales.… Read More