The convenience store chain Oxxo, of FEMSA, ranked second retailer in terms of sales per square meter last year, behind Walmart, but above three of the major supermarket brands in the country, Comercial Mexicana, Soriana and Chedraui.
According to the quarterly data from Invex Analysis and the businesses, last year, Oxxo's average sales per square meter amounted to 10,910.75 pesos above Chedraui, which had sales amounting to 10,843.25; Comercial Mexicana, with 9,217.5; and Soriana, with 8,258.75 pesos per square meter. Meanwhile, Walmart, despite having poor results in sales in recent months . . .
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