Posted: Thursday, March 27, 2025. 1:47 pm CST.
By Zoila Palma: Today, Walmart’s Mexico division announced it will invest over $6 billion in 2025, nearly three times its previous year’s planned spending.
According to Reuters, the investment will fund new store openings and the construction of two distribution centers, creating 5,500 direct jobs.
Shares of Walmart Mexico rose by more than 2% following the announcement.
CEO Ignacio Caride revealed the plans during a virtual appearance at a press conference with Mexican President Claudia Sheinbaum.
Walmart Mexico operates Walmart, Sam’s Club, and Bodega Aurrera stores.
The company had originally set aside about $2 billion for 2024, and further details on the investment will be shared at an investor event later today.
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The post International News: Walmart Mexico to invest $6 billion in 2025 appeared first on Belize News and Opinion on www.breakingbelizenews.com.
Posted: Thursday, March 27, 2025. 1:47 pm CST. By Zoila Palma: Today, Walmart’s Mexico division announced it will invest over $6 billion in 2025, nearly three
The post International News: Walmart Mexico to invest $6 billion in 2025 appeared first on Belize News and Opinion on www.breakingbelizenews.com.
