Costco's Mexico Partner Seeks Reorganization

Costco Wholesale Corp.’s joint-venture partner in Mexico is seeking a financial reorganization, but that should not impact the Mexican operations of Costco, industry analysts said Friday.

ISSAQUAH, Wash. — Costco Wholesale Corp.’s joint-venture partner in Mexico is seeking a financial reorganization, but that should not impact the Mexican operations of Costco, industry analysts said Friday. "The pending reorganization of Controladora Comercial Mexicana (CCM), the holding company of Costco's joint venture partner in Mexico, is unlikely to materially affect the ongoing business of Costco Mexico," Deborah Weinswig, an analyst with Citicorp, New York, said. So far the holding comp

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