Supermarket Chain to Prepare Investments

Walmart plans to invest $48 million in Guatemala during 2019, of which $25 million will be used to open new stores and remodel existing ones.

Monday, April 1, 2019

According to information provided by representatives of Walmart, the investment projected for this year in the country will double that invested in 2018, since last year the amount disbursed totaled $24 million.

Ana Chan, manager of Corporate Affairs at Walmart de México y Centroamérica, told Prensalibre.com that "... US$15.3 million (Q115 million) will be for the installation of new stores and US$10 million (Q75 million) for the remodeling of others. Among the new establishments there are nine, of which two will have the format of Paiz, three of Maxi Despensa and four of Despensa Familiar."

You may be interested in "Where are the supermarkets in Central America?"

The article adds that "... One of the formats with the greatest potential is the Despensa Familiar. Of the chain's 250 stores, 171 correspond to that model."

At the regional level, the supermarket chain expects to invest $1,036 million during 2019, 12% more than last year. Investments include Mexico, Costa Rica, Honduras, El Salvador, Nicaragua and Guatemala.

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More on this topic

Supermarkets: New $16 Million Investment

November 2019

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.

Supermarkets: New Investment in El Salvador

June 2019

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.

More Investments by Walmart in Honduras

June 2016

The supermarket chain has announced that it is preparing to open twelve new stores in 2016, including one in the Walmart format in Tegucigalpa, in which it plans to invest $12 million.

Currently the American supermarket chain Walmart operates 82 outlets in Honduras, and expects to close 2016 with at least 100 stores in four formats that it is currently operating. In the case of the larger format store, Walmart, Hernan Muntaner, vice president of Perishables and Agroindustrial Development for Walmart of Mexico and Central America, told Laprensa.hn that "... 'the project will be built in Tegucigalpa, with an estimated investment of 12 million dollars between land and construction'."

New Walmart Stores in Costa Rica

April 2011

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

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.

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