Wal-Mart de Mexico SA said Wednesday that second-quarter net income rose by 9 percent over the year-ago period as new stores opened and customer traffic increased. Walmex, as the local unit of Arkansas-based Wal-Mart Stores Inc. is known, said profits rose to 3.23 billion pesos (US$313 million) in the quarter from 2.97 billion pesos (US$288 […] ↓ Read the rest of this entry…