Walmart Announces $800 million Investment in Central America

This year multinational plans to invest that amount in remodeling, maintenance, new units, electronic commerce, and logistics and distribution.

Tuesday, March 15, 2016

From a statement issued by Walmart of Mexico and Central America:

Mexico City, 10 March 2016.- In 2016 Walmart de Mexico and Central America will invest an estimated $14.700 million pesos ($866 million), 17% higher than the total amount invested last year.

This figure was released as part of the 12th Annual Meeting with Analysts from Walmex, where its Executive Chairman and CEO, Guilherme Loureiro reiterated the company strategy to double total sales in 10 years and grow profits faster than sales.

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