Walmart wants to reach 99% of Mexican households by 2029 with US $2.4B investment

Walmart de México y Centroamérica announced it will invest 43 billion pesos — roughly $2.4 billion — across Mexico and Central America in 2026, a 10% increase over the previous year, as part of an ambitious push to reach 99% of Mexican households within three years.

The announcement, made March 25 at the company’s annual Walmex Day investor event, outlined plans to open more than 1,500 new stores between 2025 and 2029, expand into 135 new cities across Latin America and attract more than 33 million new customers. The company currently reaches about 75% of Mexican households.

“The opening of 1,500 new stores through 2029 and the modernization of branches toward omnichannel models will be key to achieving this goal,” said CEO Cristian Barrientos Pozo at the event.

The investment is divided across four areas: 42% will go toward remodeling and maintaining existing stores, including omnichannel upgrades; 26% toward new store construction, with Bodega Aurrera serving as the primary vehicle for growth; 24% toward supply chain expansion and automation — including two new automated distribution centers planned for Guanajuato and Tlaxcala by 2027 — and 8% toward technology improvements.

New store openings are expected to contribute between 1.5% and 1.7% to total sales growth in 2026, according to the company’s official investment program filing with the Mexican Stock Exchange.

Walmart is Latin America’s largest retailer and operates more than 2,900 stores in Mexico across four formats: Bodega Aurrera, Walmart Supercenter, Sam’s Club and Walmart Express.

Earlier this year, the company began recruiting software developers through Fortnite — marking what it described as the first time a Latin American employer had used the gaming platform for hiring — after relocating its IT hub from India to Mexico in 2025.

Mexico News Daily

2 COMMENTS

Have something to say? Paid Subscribers get all access to make & read comments.
Ebrad and Lutnik

Ebrard presses US commerce secretary over tariffs at G20 meeting

0
The Mexican economy minister took advantage of the encounter to stress the need to address the "unjustified" U.S. tariffs on cars, steel and aluminum, which have stalled negotiations over the renewal of the U.S.-Mexico-Canada trade agreement.
Ana Valdez

Meet Ana Valdez, a Forbes ’50 over 50′ illuminating the Latino narrative in the United States

1
Valdez leads the Los Angeles-based Latino Donor Collaborative, a data-forward organization providing a new narrative about U.S. Latinos that accurately reflects their contributions to society, politics and the economy.
Puente Colombia NL

Nuevo León invests in 3 new bridges to boost trade via Laredo

0
On Friday, Governor Samuel García announced the construction of two new bridges at the Colombia-Laredo Port of Entry and reiterated plans for a viaduct connecting the Salinas Victoria industrial zone in Monterrey with Anáhuac and Nuevo Laredo.
BETA Version - Powered by Perplexity