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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