Wal-Mart enters the pharmacy business in Costa Rica

The company inaugurated its first pharmacy in Nicoya and plans to open four more during the remainder of this year.

Thursday, September 11, 2008

Yolanda Fernández, the company's Corporate Relations Manager, indicated via a press release that they will open pharmacies in those those where there are currently none. This means that other pharmacies that are already operating inside stores such as Hipermas and Mas x Menos will keep their contracts.

More on this topic

Costa Rica: Wal-Mart Drugstores with Strong Presence

March 2010

In little over a year, the supermarket chain has opened 23 drugstores in its stores.

The multinational company plans to add more, not only in the country but in the rest of Central America.

An article in Elfinancierocr.com analyzed how this is affecting the domestic market.

New WalMart Stores in Costa Rica

November 2009

WalMart Central America will open 11 new stores in Costa Rica in 2010.

Marcos Samaha, president and CEO, explained that seven of them will operate under the 'Palí' brand, three under 'Mas X Menos' and one 'Maxi Bodega'.

"500 direct jobs will be created by these stores, which will be added to the total 9.200 employees the company has in Costa Rica.

Another Wal-Mart Store in El Salvador

March 2009

The investment of $1 million for the new Despensa Familiar (Family Pantry) store is part of the company’s expansion and investment plan in the country.

The operations manager of Family Pantries, Fabricio Molina, told La Prensa Gráfica: "In the next six months, the corporation (Wal-Mart Central America) will be opening six more stores which will be located in various parts of the country, including the capital.

Wal-Mart to Invest $29 Million in the Region

February 2009

The supermarket chain is plannning to open 22 stores during 2009 in Central America, generating about 1,000 job openings.

The press release published by Siglo 21 on its website states: "In a year when the region's economic environment is showing itself to be extremely challenging, this level of growth and investment demonstrates the company's commitment to the welfare of Central American families, with a greater operating efficiency that will allow it to continue offering the lowest prices to its customers."

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