RETAILERS ADJUST DURING PESO CRISIS

MEXICO CITY (FNS) -- Food retailers operating in Mexico are scurrying to rebound from the effects of this nation's peso devaluation last December.The drop of more than 40% in the currency's value and the fast climb in interest rates have led retailers here and throughout the country to rechart their courses in the middle of a growth binge.The effects include the following:Price/Costco opted not to

MEXICO CITY (FNS) -- Food retailers operating in Mexico are scurrying to rebound from the effects of this nation's peso devaluation last December.

The drop of more than 40% in the currency's value and the fast climb in interest rates have led retailers here and throughout the country to rechart their courses in the middle of a growth binge.

The effects include the following:

Price/Costco opted not to sell off its

stake in Mexican operations and Wal-Mart's

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