Wal-Mart To Increase Investment in CA by 45%

The multinational retail company announced they will invest 45% more in 2011 in Central America and Mexico compared to 2010.

Friday, February 25, 2011

The planned investment for 2011 is $ 1.560 million, 45% higher than the $ 1.077 million in 2010, said the president of Wal-Mart Mexico and Central America.

The multinational plans to open 445 new stores, of which 365 will be in Mexico and the rest in Central America.

"Today, Wal-Mart operates 1.743 stores in Mexico and 551 in Central America," AP reports.

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 El Salvador

June 2012

With an investment of $6.8 million the multinational retailer will open a second store under the Maxi Despensa format in July.

In a 1,600 square meter area the works being carried out are now 70% complete.
"In terms of employment opportunities, on Monday June 4, Walmart held a job fair attended by about 3,000 people from Santa Ana, from these around 60 will be recruited for middle management positions, administration and operational areas as such as cashiers, sales, warehouse staff and others.

Walmart to Invest $84 Million in Guatemala

April 2011

The multinational retail company has announced the opening of 25 new stores in the country.

By the end of 2011, Walmart will open 25 new stores, bringing to 200 the total number in Guatemala. It will also carry out remodeling works at its hypermarket style stores branded Maxi Bodega and Despensa Familiar, according to Alberto Ebrard, executive vice-president and general manager for the firm's Mexican and Central American operations.

Seven New Wal-Mart Stores in Guatemala

June 2010

With a $3.12 million investment, the multinational supermarket chain inaugurated the first of seven new stores planned for the second half of 2010.

Located at Mix Shopping Mall, in the City of San Cristóbal, the new facility has already created 91 jobs.

Marcio Cuevas, Wal-Mart corporate affairs manager, told Elperiodico.com.gt: “we’ll open seven new stores of our various brands (Supertiendas Paiz, Despensa Familiar, Maxi Bodega y ClubCo), in the second half of 2010”.

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