Nicaragua: Investment in Supermarkets

New stores, remodeling and a distribution center are what Walmart plans to develop in the next two years in the country, with an estimated investment of $200 million.

Friday, July 28, 2017

dir="ltr">María Marta Rodríguez, coordinator of Corporate Affairs at Walmart, explained to Elnuevodiario.com.ni that they plan to open four new stores this year requiring an investment of $106 million, and in 2018 another $100 million is planned to be invested.

See also "Nicaragua: More Supermarkets and Convenience Stores"

Regarding purchases made locally, the company representative added that "... by 2022 Walmart plans to purchase more than US $282 million from Nicaraguan producers of fruits, vegetables, grains, seafood and meats for local sale. "That figure is slightly more than double what Walmart bought last year, when it purchased more than $127.5 million in agricultural products."

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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.

New Walmart Store in Nicaragua

December 2011

The multinational retailer has opened a new ‘Pali’ store, which forms part of the announced investment of $54 million in the country.

With an investment of one million dollars the new store, Pali Santo Domingo, generated 16 jobs.

"'Walmart, with this penultimate opening in 2011, has demonstrated its loyalty to Nicaraguans and their confidence in the country", said Eduardo Garcia, manager of corporate affairs for Walmart Mexico and Central America'", reported Laprensa.com.

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 to Invest $43.6 Million in Honduras

April 2011

The construction of three new stores by the supermarket chain will create 338 direct posts and more than 5,000 indirect jobs.

The investment was announced by Walmart general manager, Alberto Ebrad, after a meeting with Honduran president, Porfirio Lobo. Ebrad indicated that this will be the company's main investment this year in Central America.

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