Between March and April, Walmart opened five new stores of the Palí format, located in Heredia, San José, Alajuela, Cartago and Guanacaste.
The supermarket chain informed that the company invested close to $6.7 million to open these five new stores. With these recent openings, there are now 181 points of sale of the Palí format.
Whether it is a restaurant, a coffee shop, a hotel, a supermarket, or an auto parts store, location is, if not the most important, one of the most decisive factors in determining the success or failure of a business.
Real estate companies, restaurants and retail chains know better than anyone how valuable and decisive it is for the success of a business to find the best location. Technology, together with the new Big Data analysis methodologies, now allow to simplify part of this complex process of location selection, analyzing in detail the pedestrian flow in each location.
After investing $17 million, Walmart opened a new store to the public on July 10, in the canton of San Pablo, province of Heredia.
This new location becomes the 14th store that the chain will operate under the Walmart format and for the operation of this supermarket, the company will hire 123 people, said the official statement.
In April, the Walmart chain invested nearly $8.5 million in the construction and opening of four new stores in Costa Rica.
The company reported that three sales points operate under the Pali format and are located in Ipis de Goicoechea, Guayabo de Bagaces and Dulce Nombre de Cartago. The other establishment operates under the brand Maxi Pali and is located in Los Guido, Desamparados.
In Costa Rica, Inversiones AM PM announced that it plans to open four new convenience stores before the end of 2019.
Representatives of Inversiones AM PM, owner of the AM PM and Fresh Market stores, explained that the store that is closest to being inaugurated is the one that will be located in Guayabos, Curridabat.
The company Automercado plans to launch during the second half of the year a new sales point in Guayabos, Curridabat.
Representatives of the company informed that with the opening of the new Auto Mercado, they would be reaching 42 sales points, of which 19 are in the Greater Metropolitan Area.
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.