New stores, remodeling and a distribution center are what Walmart plans to develop in the next two years in the country, with an estimated investment of $200 million.
María Marta Rodríguez, coordinator of Corporate Affairs at Walmart, explained to Elnuevodiario.com.ni that they plan to open four new stores this year requiring an investment of $106 million, and in 2018 another $100 million is planned to be invested.
The Pricesmart chain has started construction of its second supermarket in Managua, whose start of operations is planned for November this year.
The new wholesale store will have an area of 27 000 m2, of which 5000 will be for sale areas and 9000 for warehouses, administrative offices and other areas.
Jose Luis Marin, vice president of marketing and membership, told Laprensa.com.ni that "...The parking lot will accommodate three hundred vehicles and the remaining area will also include green areas, a tire center and fast food sector, which will be open to the general public, including those who are not members. "
Supermercados La Colonia has announced it will invest $27 million in opening five new stores in the second half of the year, totaling 12 thousand square meters of sales floor.
The company founded on Honduran capital has announced that with the five new stores the total stores it will have nationwide will rise to 35.
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.