WalMart expands in Guatemala

WALMART EXPANDING ACROSS GUEATMEALA AND CENTRAL AMERICA


News is spreading about WalMart expanding its operations across Guatemala and Central America. This news brings excitement to many that shop at the large retailer.

“Retail Expansion In June 2010 Wal-Mart Centroamerica inaugurated a new store in Guatemala and said that it is to be the first of seven planned outlets in the country in 2010. The expansion is part of the firms commitment to opening 30 new stores across Central America in 2010 growth that will cement its position as the regions largest retailer. The expansion highlights the opportunities available in the relatively unsaturated Central American market, where organized retailers account for less than 50% of food and grocery spending.”

Source: Business Wire