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Oxxo Opens its First Store in Brazil; Planning an Expansion in Three Years

The firm's expansion plans for the next three years are to open around 500 new points of the Shell Select and Oxxo stores.

As of the third quarter of 2020, Femsa had 19,633 stores, of which 19,373 were in Mexico, while the remaining 260 units are located in South America; in just the last 12 months, it added 793 new branches, according to its financial report.

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