Mexico City, February 18, 2010. - Wal-Mart de México, S.A.B. de C.V. (WALMEX) unveiled an unprecedented investment plan for 2010 totaling $12.5 billion pesos to open 300 new units.
The investment will bring about 7,000 new permanent jobs, plus an additional 7,800 jobs indirect jobs in order to build the new stores.
“I’m pleased that in the Bicentennial Year we are doing our share for Mexico by making the largest investment in the company’s history: $12.5 billion pesos. In 2010 company performance will combine the growth of our traditional business formats with the drive of our three most recent platforms: Bodega Aurrera Express, Banco Walmart, and the merger with Walmart Centroamérica operations. In addition to the new units we are allocating over one billion pesos to update our distribution and logistics network, and will increase the budget to remodel our existing units by 21%. These are excellent news for our associates, customers, suppliers, shareholders and the communities where we operate”, said Scot Rank, Executive President and CEO for Walmart de México y Centroamérica.
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