Walmart Inc. is making a significant bet on Mexico, committing more than USD6bn in investments next year to expand its footprint and fuel job creation, according the Chain Store Age.
Walmart de México y Centroamérica, known as Walmex, plans to channel the funds into opening new stores across the country in 2025, an expansion expected to generate approximately 5,500 direct jobs.
The retail giant already operates over 3,200 stores spanning all 32 states of Mexico and intends to accelerate that growth in the coming years.
The company, which runs stores under the Bodega Aurrera, Sam’s Club, Walmart Supercenter, and Walmart Express banners, aims to add more than 1,500 locations over the next five years.
Bodega Aurrera is set to drive much of the expansion, reinforcing its position as the primary vehicle for growth.
A portion of the investment will also fund the development of two high-tech distribution centers in the Bajío region and the state of Tlaxcala. These facilities will integrate robotics and artificial intelligence to enhance logistics and efficiency, marking a substantial step in Walmex’s technological advancements.
“This announcement strengthens Walmart de México y Centroamérica’s solid purpose to help Mexican families save money and live better, reaffirming our long-term commitment to the country,” the company said in a statement.
Walmex underscored its contribution to Mexico’s economic development through its extensive supply chain, which includes more than 33,000 suppliers.
The company noted that 85% of these partners are small and medium-sized enterprises, highlighting its role in supporting local businesses and fostering economic growth.
Find out more at: https://www.walmart.com/