Walmart’s Continuing Investment in El Salvador

On December 2, the chain will open its first warehouse-type store in the country.

Friday, November 11, 2011

The Walmart supermarket chain has invested $4 million in the development of the new supermarket opening in the municipality of San Marcos.

The store, which has a low-price format, required 8 months of paperwork and $500,000 invested in Corporate Social Responsibility schemes.

Laprensagrafica.com reports: "This project used part of the $40 million that Walmart plans to invest in the country this year, to fund new store openings, renovations and investment in technology, according to Claudia Ibanez, manager of corporate affairs at Walmart Mexico and Central America.

By the end of the year, Walmart El Salvador will have 79 stores in four different formats. There will also be more than 4,000 employees on the payroll. "



More on this topic

El Salvador: Walmart Invests $50 million

September 2013

At two months time the chain will open two new stores, adding about 12 thousand square meters of retail space.

According to an article in Elmundo.com.sv, Claudia Ibanez, manager of corporate affairs for Walmart, said: "The shops will be located in Colonia Escalon and Mejicanos, having an investment of $25 million each."

New Walmart Store in Nicaragua

December 2011

The multinational retailer has opened a new ‘Pali’ store, which forms part of the announced investment of $54 million in the country.

With an investment of one million dollars the new store, Pali Santo Domingo, generated 16 jobs.

"'Walmart, with this penultimate opening in 2011, has demonstrated its loyalty to Nicaraguans and their confidence in the country", said Eduardo Garcia, manager of corporate affairs for Walmart Mexico and Central America'", reported Laprensa.com.

Walmart to Invest $43.6 Million in Honduras

April 2011

The construction of three new stores by the supermarket chain will create 338 direct posts and more than 5,000 indirect jobs.

The investment was announced by Walmart general manager, Alberto Ebrad, after a meeting with Honduran president, Porfirio Lobo. Ebrad indicated that this will be the company's main investment this year in Central America.

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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