Walmart’s Mexican unit considers “strategic alternatives” in Central America


Walmart de Mexico, known locally as Walmex, operates approximately 860 stores in Central America, representing almost a quarter of its footprint.

“We believe there may be exciting opportunities for greater growth in El Salvador, Honduras and Nicaragua,” the company said in a statement.

“These alternatives could include, but are not limited to, potential joint ventures, strategic partnerships or alliances, a sale or other transactions.”

Sales slipped at the retailer’s supermarkets in Central America during the severe pandemic lockdown measures, but in the third quarter of last year, every country saw an increase in sales at the same stores, led by Honduras .

In Central America, Walmex operates discount stores, supermarkets, hypermarkets, warehouse stores and wholesale membership stores.



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