Wal-Mart Stores Inc (WMT.N) has closed about 60 stores in Brazil, or more than 10 percent of its locations in the country, as part of a restructuring of one of the retailing giant’s most important overseas markets, people familiar with the matter said.
Wal-Mart last month said it would close “underperforming” stores representing 5 percent of its “business” i…
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