Background on Walmart’s Presence in Yucatan
Walmart de México y Centroamérica (Walmex) has been a significant player in Yucatan since its arrival in 1995, opening its first Sam’s Club in Mérida. Currently, the company operates 61 commercial units across Yucatan, providing over 3,600 direct permanent jobs.
New Investment and Store Openings
Walmart will invest more than 1,900 million pesos in Yucatan to open 27 new stores between 2025 and 2027. These new outlets will be located in Mérida, Progreso, Acanceh, Kanasín, Tekax, Tizimín, and Valladolid, operating under formats such as Bodega Aurrera, Bodega Aurrera Express, Mi Bodega Aurrera, Walmart Express, Walmart Supercenter, and Sam’s Club.
Economic Impact
This investment is expected to create 800 direct jobs and around 1,500 indirect ones, boosting the economic activity in southern Mexico. The Yucatan state government highlighted that this investment will integrate local producers into Walmart’s supply chains and promote “Hecho en Yucatán” products.
Government Officials’ Statements
Yucatan Governor Joaquín Díaz Mena emphasized the positive impact of this investment on integrating local producers into Walmart’s supply chains and promoting regional products. He expressed his gratitude for the investment, stating that it will make Yucatan a more attractive destination for businesses and ensure formal employment goes hand-in-hand with local business growth.
Ermilo Barrera Novelo, Secretary of Economic Development and Employment (SEFOET), mentioned that over 200 Yucatecan businesses are already part of Walmart’s supplier network. The state government supports small and medium-sized enterprises (SMEs) to join large commercial channels.
Walmart’s Commitment
Javier Treviño Cantú, Senior Vice President of Corporate Affairs at Walmart de México y Centroamérica, reaffirmed the company’s commitment to Yucatan’s development. He stated that this investment supports families in the state by offering an omnichannel shopping experience, providing customers and partners with necessary products and services when and where they need them.
Key Questions and Answers
- What is the total investment Walmart will make in Yucatan? Walmart will invest more than 1,900 million pesos in Yucatan.
- When will the new stores open? The new stores are expected to open between 2025 and 2027.
- How many new stores will Walmart open in Yucatan? Walmart plans to open 27 new stores in Yucatan.
- What types of stores will be opened? The new outlets will operate under formats such as Bodega Aurrera, Bodega Aurrera Express, Mi Bodega Aurrera, Walmart Express, Walmart Supercenter, and Sam’s Club.
- How many jobs will this investment create? This investment is expected to create 800 direct jobs and around 1,500 indirect ones.
- What is the current number of Walmart’s commercial units in Yucatan? Walmart currently operates 61 commercial units across Yucatan.
- What total amount has Walmart invested in Yucatan since 1995? Walmart has invested more than 5,400 million pesos in Yucatan since its arrival in 1995.