Walmart plans to invest around $1.5 billion in Mexico and Central America by 2023

Bryan Dijkhuizen

Note From The Author

The opinion of the author is his own and has no affiliation with the topic that was included. Sources that are used in this article are the following: Reuters, Bing Search, Yahoo Finance and for information about individuals, he used Wikipedia.


Walmart, the largest retailer in the United States, is expanding its presence and operations in Mexico and Central America. The company’s unit in the region, known as Walmex, announced on Tuesday that it plans to invest around 27 billion pesos ($1.49 billion) in 2023, up 27% from the amount spent in 2022

Walmart, 2023

The investment will mainly be used to remodel and maintain existing stores while opening new locations, along with improvements to the supply chain and technology

Walmex operates more than 3,400 stores across six countries: Mexico, Guatemala, Honduras, El Salvador, Nicaragua, and Costa Rica.

According to Walmex’s CEO Guilherme Loureiro, the company aims to offer a better shopping experience for customers by enhancing its omnichannel capabilities and offering more products and services.

One of the new services that Walmex is launching is a health membership product that leverages its network of almost 1,500 pharmacies and 500 doctor’s offices across stores in the region.

Walmex’s investment plan reflects Walmart’s global strategy to leverage technology and innovation to enhance its customer experience. Walmart has also invested in drone delivery services in the U.S., e-commerce platforms in India and China, and autonomous vehicles for grocery delivery.


By investing in Mexico and Central America, Walmart hopes to increase its sales and loyalty in a region that accounts for about 6% of its total revenue.

The region also offers growth opportunities as e-commerce penetration is still low compared to other markets.

Thanks for reading this article. If there are any updates released I will keep you updated.

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