This is a $17 million investment in a modern, comfortable store of 5,890 square meters (over 63,000 square feet) that created 150 direct jobs (the associates that will work in the supercenter) and 1,575 estimated indirect jobs (jobs as a result of the supercenter such as cleaning crews and suppliers). And, because we strongly encourage the growth of local businesses, a great majority of our assortment comes from small and medium-sized Nicaraguan suppliers.
Walmart operates 87 stores in Nicaragua under other formats like Palí (discount), Maxi Palí (warehouse) and La Union (supermarket), but this is the first Walmart-branded location. We are now offering the distinctive standard of service, price and assortment through our iconic Walmart supercenter. And the excitement we’ve seen is definitely our major reward.