Wal-Mart to Open New Hipermás store

September 29, 2006

Wal-Mart Costa Rica has announced plans to build a $12 million Hipermás store in the western San José suburb of Escazú.

Like the other four Hipermás stores in Costa Rica, this store will sell everything from home appliances to clothes to groceries, much like Wal-Mart stores in the United States and around the world, according to a Sept. 22 statement from the company.

In March,Wal-Mart, the largest retailer in the United States, purchased controlling shares in the Central American Holding Company (CARHCO), which comprises more than 375 supermarkets and other stores throughout Central America, including Más x Menos, Palí and Hipermás stores in Costa Rica (TT,March 17).

Wal-Mart plans to open the Escazú store in the middle of 2007. It will be built on a 26,500-square-meter lot and will have a 6,500-square-meter sales area, according to Wal-MartCosta Rica corporate affairs director Aquileo Sánchez.

The new store will create 600 jobs, the statement said, and will be the first Hipermás to be modeled after Wal-Mart stores in the United States.

 

Facebook Comments

You may be interested

The Tico Times Weekly Digest: Oct. 15, 2018
Tico Times Weekly Digest
787 views
Tico Times Weekly Digest
787 views

The Tico Times Weekly Digest: Oct. 15, 2018

The Tico Times - October 15, 2018

In this week's episode of the Weekly Digest, a wrap-up of last week's heavy rains, plus more news from around…

Guatemala Fuego eruption is over: officials
Guatemala
850 views
Guatemala
850 views

Guatemala Fuego eruption is over: officials

AFP - October 15, 2018

The most recent eruption of Guatemala's Fuego volcano ended Saturday, an official source said, with locals escaping a repeat of June's…

October in Costa Rica: when the Caribbean comes a’callin’
Pic of the Day
1278 views
Pic of the Day
1278 views

October in Costa Rica: when the Caribbean comes a’callin’

The Tico Times - October 15, 2018

Costa Rica's Caribbean coast is famously exempt from many of the typical weather patterns in the rest of the country.…