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Walmart Mexico and Central America will transform Superama stores into Walmart Express, aiming for nationwide expansion with an initial investment of 1.3 billion pesos.
The decision is part of Walmart's strategy to offer low prices while leveraging innovation and technology in providing omnichannel services.
Walmart seeks to expand its business by opening Walmart Express stores. Photo: Walmart.
11/10/2020
The decision by Walmart Mexico and Central America to transform Superama stores into Walmart Express has caused a stir among consumers. With an initial investment of 1.3 billion pesos, the company aims to expand this new brand to all 32 states in Mexico while maintaining its commitment to offering low prices.
In an exclusive interview with Forbes Mexico, Sergio Guillin, Vice President of Operations, emphasizes that Walmart Express will be successful in the country due to its focus on innovation and technology in providing omnichannel services.
The idea behind this transformation is to leverage Walmart's presence throughout the country and reach regions where the supermarket presence was limited. This initiative is part of Walmart Mexico and Central America's ongoing process of innovation and transformation, aimed at maximizing their reach and adapting to the evolving needs of consumers.
Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.
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