Wal-Mart To Increase Investment in CA by 45%

The multinational retail company announced they will invest 45% more in 2011 in Central America and Mexico compared to 2010.

Friday, February 25, 2011


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The planned investment for 2011 is $ 1.560 million, 45% higher than the $ 1.077 million in 2010, said the president of Wal-Mart Mexico and Central America.

The multinational plans to open 445 new stores, of which 365 will be in Mexico and the rest in Central America.

"Today, Wal-Mart operates 1.743 stores in Mexico and 551 in Central America," AP reports.

More on this topic

Walmart to Invest $84 Million in Guatemala

April 2011

The multinational retail company has announced the opening of 25 new stores in the country.

By the end of 2011, Walmart will open 25 new stores, bringing to 200 the total number in Guatemala. It will also carry out remodeling works at its hypermarket style stores branded Maxi Bodega and Despensa Familiar, according to Alberto Ebrard, executive vice-president and general manager for the firm's Mexican and Central American operations.

Seven New Wal-Mart Stores in Guatemala

June 2010

With a $3.12 million investment, the multinational supermarket chain inaugurated the first of seven new stores planned for the second half of 2010.

Located at Mix Shopping Mall, in the City of San Cristóbal, the new facility has already created 91 jobs.

Marcio Cuevas, Wal-Mart corporate affairs manager, told Elperiodico.com.gt: “we’ll open seven new stores of our various brands (Supertiendas Paiz, Despensa Familiar, Maxi Bodega y ClubCo), in the second half of 2010”.

New Walmart Store in El Salvador

June 2012

With an investment of $6.8 million the multinational retailer will open a second store under the Maxi Despensa format in July.

In a 1,600 square meter area the works being carried out are now 70% complete.
"In terms of employment opportunities, on Monday June 4, Walmart held a job fair attended by about 3,000 people from Santa Ana, from these around 60 will be recruited for middle management positions, administration and operational areas as such as cashiers, sales, warehouse staff and others.

Wal-Mart Continues Regional Expansion Plan

February 2010

In 2010 the supermarket chain plans to open 30 business units in Central America.

Eduardo Solórzano, Wal-Mart’s new president and CEO for Latin America, explained that the investment plan comprises 26 discount stores, two warehouses and two supermarkets.

From Laprensa.com.ni: “Solórzano remarked that in addition to opening new stores, Wal-Mart will continue buying textile products from Nicaragua and Guatemala, and agricultural ones from Costa Rica, for example, to sell them in its stores in the United States and other countries”.

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