The U.S. chain’s decision to sell its operation in Argentina focuses on concentrating all its efforts on the U.S. market, where Walmart is a leader in the retail segment. They will maintain 9,000 jobs in the chain’s 92 stores across the country, and the brand will change. The chain has 12% of the Argentine market. Although there was no official information on the amount paid by De Narvaez to keep the operation, the group let know that the figure is close to $100 million.
Source: Ámbito
