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Insidecostarica.com - San José, Costa Rica  -   Friday 07  April  2006

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Costa Rica
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Wal-Mart Purchase Means Lower Priced Milk Beginning Today
The purchase by the giant U.S. retailer Wal-Mart of controlling shares of Central American Retail Holding Company (CARHCO), which operates the Más x Menos, Hipermás and Maxi Bodega supermarkets in Costa Rica, can be felt by consumers beginning today.

Wal-Mart Costa Rica, the new name for CARHCO, will be offering milk under the Sabemás brand at a price of 10% lower than the main milk distributor Dos Pinos.

Wal-Mart Costa Rica also owns the discount supermarket chain Palí, but the milk won't make it into those stores until June.

Sabemas is a brand name exclusively found at the Wal-Mart Costa Rica stores and is the first product by the multinational to have its prices slashed. Wal-Mart Costa Rica is committed to slashing prices of many more products in the coming months.

Wal-Mart Costa Rica predicts that it's private milk label will capture at least 30% of the national market. The low priced milk is being provided by the Cooperativa Agropecuaria Regional de Productores de Leche which has a contract for 10.000 litres of milk in the first stage. The Sabemás brand milk is expected to be sold in supermarkets in Central America owned by Wal-Mart.

The move will also have a great social impact as it guarantees production purchases from some 118 small dairy farmers in the areas of San Ramón, Guatuso, Zarcero, Tilarán, San Carlos, Esparza and Miramar.



Sabemás milk is sold exclusively in Wal-Mart Costa Rica stores (Más x Menos, Hipermás, Maxi Bodega and Palí) and at 10% lower than leading competitor Dos Pinos.



 
   

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