Walmart El Salvador is investing $24 million in the construction of two new stores, which will be located in Antiguo Cuscatlán and Ahuachapán.
Tuesday, June 12, 2018
The supermarket chain reported that this year they are making investments in the construction of two new stores in the departments of La Libertad and Ahuchapán, and also carry out remodeling work in another existing sales point in the municipality of Santa Tecla.
In this regard Claudia de Ibáñez, Corporate Affairs Manager for Walmart El Salvador, explained to Elsalvador.com that "... the 2018 investment totals $26 million, which includes construction of Walmart Santa Elena (20 million dollars) and of Maxi Pantry Ahuachapán (4.2 million dollars). As well as the remodeling of Despensa de Don Juan Jardines de Merliot ($1.6 million)."
The article adds that "... Walmart Santa Elena, will become the fifth store operated by the chain in El Salvador under the supercenter format (three in San Salvador and one in San Miguel).The store, located on Boulevard Orden de Malta Sur and Izalco Street, will open its doors to the public in September.The construction is 50% complete."
"... According to de Ibáñez, it will be a one stop shop, where customers can find more than 35,000 products. The land where the supercenter is built measures 21,000 square meters. The construction area will be 6,000 square meters, of which 5,000 will correspond to the store."
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The Walmart chain is investing in the construction of a new supermarket in Santa Ana, El Salvador, which will have a sales hall of 4,600 square meters.
According to information revealed by the company's directors, the new sales point, which is being built on a 15,000-square-meter site, will have a parking lot with capacity for 149 vehicles.
Walmart opened a new sales point under the Maxi Despensa format, in La Libertad, and required a $4 million investment.
Walmart representatives informed that the new Maxi Despensa Campos Verdes is located in a total area of 1,833 square meters, of which 1,436 square meters correspond to the sales room.
Walmart El Salvador plans to invest $19 million this year in opening five new stores and remodelling others in different areas of the country.
The multinational chain said that the five new stores that will be ready this year correspond to the formats Maxi Despensa and Despensa Familiar.Regarding this first store format, two branches will be constructed, one in Soyapango and another in San Vicente.
At two months time the chain will open two new stores, adding about 12 thousand square meters of retail space.
According to an article in Elmundo.com.sv, Claudia Ibanez, manager of corporate affairs for Walmart, said: "The shops will be located in Colonia Escalon and Mejicanos, having an investment of $25 million each."
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