- 2014 Retail Store of the Year: And the winners are …
- Wal-Mart names new CEO; company vet Doug McMillon to succeed Mike Duke
- Verdugo v. Target: Does A Retailer Have A Common Law Duty to Have an AED Available?
- Redeveloping Retail: America’s Top Redevelopers
- Wal-Mart doubles small-store expansion amid weak sales and lowered outlook
New York -- Grupo Gigante wants buy the 50% stake in the Mexican unit of Office Depot that it does not already own.
The Mexican retailer on Thursday said it has offered 8.78 billion pesos ($687.34 million) to buy the stake, Reuters reported.
In March, Gigante entered into a joint venture with Petco Animal Supplies to open at least 50 stores in Mexico and other Latin American countries over seven years.