UPDATE 1-Mexican retailer Walmex to focus on profits, **t expansion
 

UPDATE 1-Mexican retailer Walmex to focus on profits, **t expansion
MONTERREY, Mexico, March 10 (Reuters) - Wal-Mart de Mexico, the country's biggest retailer, on Thursday said it plans to invest 17 percent more this year compared to last year but will use most of the funds to improve productivity, rather than expand, in order to boost profits.
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