Supermarkets: New Investment in El Salvador

Walmart opened a new sales point under the Maxi Despensa format, in La Libertad, and required a $4 million investment.

Thursday, June 20, 2019

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.

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

Claudia de Ibáñez, manager of Corporate Affairs for Walmart de México y Centroamérica, explained to Elmundo.sv that "... The multinational, which arrived in El Salvador in 2005, reaches 100 stores in a bid to expand in the country, where several locations are being studied constantly."

Regarding new investments in the country, Ibáñez added that "... We have some stores on the way that still don't get their permits (...) With the others that are on the way, maybe this year they will start with their construction. We do not rule out any area for the opening of new stores, we want to reach all the places where we are not."

With this new investment, the chain of U.S. origin reaches 100 establishments in the country, and regionally total 813 stores, which are distributed from Guatemala to Costa Rica.

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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.

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 in New Supermarkets

June 2018

Walmart El Salvador is investing $24 million in the construction of two new stores, which will be located in Antiguo Cuscatlán and Ahuachapán.

The supermarket chain reported that this year they are making investments in the construction of two new stores in the departments of La Libertad and Ahuchapán, and also carry out remodeling work in another existing sales point in the municipality of Santa Tecla. 

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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