Supermarkets: New $16 Million Investment

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.

Wednesday, November 13, 2019

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.

See "Where are the supermarkets in Central America?"

Cristina Ronski, Commercial Vice President of Walmart Mexico and Central America, told Elmundo.sv that "... Building a Walmart in Santa Ana means opening one of the most eagerly awaited stores in the area. We believe El Salvador is a good place to invest, so we keep bringing our low prices to the entire population to improve their quality of life. This would be the sixth Walmart of El Salvador and will be part of the constant process of expansion that all our formats have in the Salvadoran territory."

The article adds that "... When the new branch was opened, this would be the number 101 of the Walmart chain in El Salvador, which for more than a decade has installed in the country other formats such as Maxi Despensa, Despensa de Don Juan and Despensa Familiar."

You may be interested in "Shopping Centers to Be Constructed in Central America"

According to the project plan, the work is expected to be completed by mid-2020.

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More on this topic

Retail: Two Sides of the Coin in the Region

February 2020

During the fourth quarter of 2019, Walmart's sales increased year-on-year in all countries in the region, except in Costa Rica, where they fell because of the lower dynamism of local economic activity.

The signs of recovery reported in the Costa Rican economy in the second half of 2019 do not seem to have been enough to boost retail trade, as one of the largest supermarket chains is registering a drop in sales.

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.

Supermarket Chain to Prepare Investments

April 2019

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.

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.

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'."

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