Mexico City, Jan 10 - Mexican retail giant Walmex will open at least 132 stores and restaurants in 2008, the company's chief executive said on Thursday.
"I believe we should be opening at least the same number of stores as in 2007," Chief Executive Eduardo Solorzano told Reuters.
Walmex, also known as Wal-Mart de Mexico, originally planned to open 125 stores in 2007, but exceeded that goal by seven extra openings. It opened 120 stores in 2006.
Walmex has used aggressive expansion, low prices and modern distribution methods to win market share in Mexico's fragmented retail market.