Wal-Mart de Mexico in Expansion
February 23, 2009,
Wal-Mart de Mexico, which now operates 1,208 retail locations in five retail (and one restaurant) formats, plans to open 252 new stores in 2009, an investment of $11.8 billion pesos, or about $798 million.
Solórzano stated, "Our 2009 investment plan will allow us to take the savings offer that characterizes us to more rural and urban populations, providing them with a wide variety of goods at every day low prices."
The 2009 store opening plan includes: 225 Bodega Aurrerá units; 13 Walmarts; 4 Superamas; 7 Sam's Club; and 3 Suburbia stores
These units represent a sales floor growth of 10%, the company said.
Related Content By Author
Fashion Live From Heimtextil