Retailer Walmex said it has started the process to sell clothing retail chain Suburbia to focus on its core business.
Walmex, the Mexican and Central American division of Wal-Mart Stores Inc., said in a statement to the local bourse the process was in an initial phase, and may ultimately not even result in a sale.
The material has been provided by InstaForex Company – www.instaforex.com