New Walmart Stores in Costa Rica

The multinational retail chain is in the process of opening two new outlets in Costa Rica for this year.

Friday, April 1, 2011

These are in the Palí format and are located at Cristo Rey and San Rafael de Montes de Oca.

With the opening, Costa Rica now has 136 stores and with them, Walmart of Mexico and Central America totals 552 sale points throughout the region.

"This year, Walmart of Mexico and Central America is scheduled to make an investment of U.S. $ 387 million in the region, including the opening of 80 outlets of various formats."

More on this topic

$264 million Investment in Supermarkets

July 2015

Walmart has announced that in the remainder of the year it will be investing in 25 new stores of various formats and remodeling others in Guatemala, Honduras, El Salvador, Nicaragua and Costa Rica.

From a statement issued by Walmart Mexico and Central America:

Walmart Mexico and Central America will be investing during 2015 about $264.7 million in the construction and remodeling of stores in Guatemala, Honduras, El Salvador, Nicaragua and Costa Rica.

Walmart’s Continuing Investment in El Salvador

November 2011

On December 2, the chain will open its first warehouse-type store in the country.

The Walmart supermarket chain has invested $4 million in the development of the new supermarket opening in the municipality of San Marcos.

The store, which has a low-price format, required 8 months of paperwork and $500,000 invested in Corporate Social Responsibility schemes.

Walmart Investments in Costa Rica Reach $160.5 Million

April 2011

The retail multinational has announced the opening of 24 new stores during 2011.

Alberto Ebrard, executive vice-president for Walmart in Mexico and Central America, added that the company will also be remodeling its Hipermas supermarkets to be rebranded as Walmart, as well as the opening of several distribution centers.

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 “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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