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Wal-Mart
Getting Ready To Open
By the end of the month or possibly the first
week in July, U.S. retail giant, Wal-Mart
Stores, will open its doors to the first of two
stores planned in Costa Rica.
The first, which has been under construction
since late last year, if getting the final
touches is located in Escazu, across from the
Treos Montealegre plaza (west of San José) and
the second coming later this year, in Cartago
province, east of the capital.
The total investment by Wal Mart in the two
stores is us$30 million dollars.
The superstores, which will be operated under
the Wal Mart name, will create some 1,000 direct
and indirect jobs, the company said.
Wal Mart already operates the Hipermas
superstores, as well as a chain of supermarkets
under the names Mas X Menos, Palí and
Maxibodegas with 144 locations across the
country.
In addition to groceries, the supercentres will
offer technology and entertainment products,
take-out food, baby items and auto services,
such as tires and oil changes and be principal
rival to Price Smart.
The Escazu store comprises 29,513 sq. meters
(317,258 sq. feet) of space.
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