Executives at Sam's Club, Wal-Mart Stores Inc.'s warehouse club division, told investors Tuesday that the company plans to open a new Mas Club store that sells products imported from Mexico to cater to Hispanic customers.
"Mas" means more in Spanish.
The news -- announced on the second day of Wal-Mart's annual investors meeting in Bentonville, Ark. -- come as Sam's Club is studying different store formats in a bid to expand its business amid a challenging environment. READ FULL STORY
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