Wal-Mart eyes $316 million in Brazil store reforms through 2019

SAO PAULO (Reuters) - Wal-Mart Stores Inc plans to invest around 1 billion reais ($316 million) in Brazil through 2019 to refurbish about 120 stores, as larger rivals in Latin America's biggest economy invest heavily to retain cash-strapped customers.

Wal-Mart eyes $316 million in Brazil store reforms through 2019
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