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Wal-Mart to Open 28 New Units in Brazil This Year

Wal-Mart Brazil The Wal-Mart Brazil supermarket chain will invest 400 million reais (US$ 203.8 million) in northeast Brazil before the end of this year. The funds will be invested in the opening of 19 new stores, which will create 2,500 direct jobs. The information was supplied by Vicente Trius, CEO at Wal-Mart Brazil.

Of the new units, eight will be in the state of Pernambuco, seven in Bahia, three in Rio Grande do Norte, and one in Ceará. In addition to the opening of new stores, the retail chain is also modernizing its existing units. During the last three years, more than 150 million reais (US$ 76.4 million) were invested in the Brazilian Northeast. This year, around 70 million reais (US$ 35.6 million) should be spent on modernization.

"Older stores received new premises, equipment and services, to provide even more satisfaction to customers, and well being to employees," Trius explained, during a meeting with executives at the American Chamber of Commerce in Recife, last week.

Across Brazil, the Wal-Mart chain should open 28 new units, including those in the Northeast, as well as 19 drugstores by the end of this year. The total investment will be 1 billion reais (US$ 509.6 million). With the new stores, the group estimates that over 6,000 direct and 15,000 indirect jobs will be generated in the country.

The 28 new stores include 9 hypermarkets, 5 supermarkets, 2 Sam's Clubs, 10 Todo Dia soft discount stores and 2 Maxxi cash & carry.

Wal-Mart opened its first two Supercenters and two Sam's Clubs in Brazil in 1995. Thirty more stores have been opened since, including two Todo Dia stores, a neighborhood format designed specifically for Brazilian customers. In March 2004 Wal-Mart acquired 118 Bompreço stores and in December 2005 the company bought 140 Sonae stores.

Anba, Bzz

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  • Show Comments (22)

  • MIke

    Living in brasil
    I live in the south of Brasil and I dont believe we have a walmart down here. We do how ever have cheap terrible products that break. Walmart or no Walmart. It doesnt take a Walmart, in Brasil, to get “cheap” products…they are everywhere down here.

  • roberrrrrrt

    Bo shitter as usual speaking thru his ass
    In a world of so many imperfections … *** Bo*** a perfect idiot!!!!

  • Michael William

    Yes Joao, I followed that Big transaction in the news and knew a guy who worked for Sonae before the transaction….

  • Michael William

    Bo, I agree with almost everything you say but your comments on the FDA are wrong. The FDA simply does not have the funding or manpower and inspects only 5% of the food containers coming into the U.S. In the past year alone there are numerous examples, ranging from the Pet Food crisis, to poisonous catfish from China, to tainted medicine…lead-based paint on children’s toys from China. If you look into it, there is a major problem. The volume of Chines goods we consume is way too big for the inspectors to do even a partial job of monitoring.. A Wal-Mart container from China literally enters every 45 seconds…granted it is not all food but a lot of it is. I myself import a number of items (from Brazil) and in 5 years have only had one shipment flagged for an “intensive” inspection, which means they actually look at it.

  • bo

    As far as Wal-Mart food..
    no question there is tons of junk food sold at Wal-Mart, but also other food that is not. And, as far as the “quality” and/or safety of the food being imported, it may kill you in 40 years, but it won’t kill you in ingestion, not in the U.S. anyway. The FDA is the most rigid of all food regulators anywhere in the world….and that is a fact.

    Here in Brazil, they’ll import Doritos with dogshit in them and you’ll see them on your grocers displays!

  • João da Silva

    Michael William
    Wal-Mart do Brasil and PRC

    Your comments are very interesting and informative (re Wal-Mart being 6th trading partner of PRC).Since you have lived in Brazil and know about it quite a bit, probably you know that Wal-Mart already has a strong presence,as they bought BIG a acouple of years ago adn now their plans are to set up these 28 new units,under their own brand name, to import junk from PRC-like garments,shoes,etc; I really dont believe that the Brazilian consumers are going to be benefited,but the Brazilian industries are going to be wiped out.Wal-Mart will obviously be the big brother in fostering an ever lasting fraternal trade relationship between Brazil and PRC. Of course, with the blessings of the Brazilian “Political entrepreneurs” (as ConceiÀƒ§Àƒ£o fondly likes to refer to them). The renowned Brazilian brands (and that of the other multi national ones) will sell their goods through Wal-Mart,but all their products made in PRC. This is a trend I have been noticing for some years now. I think Ch.C was very sarcastic (in his usual way) when he talked about poor people getting the benefits out of Wal-Mart.The governemnt,instead of cutting reducing IPI,ICMS,modify the labor laws,etc; opted to import the Chinese made junk.

    As for your warning about the Brazilians, eating imported Chines food,it is going to happen.This morning I was reading an article about the Philipines and Indonesia having problems with this kind of food stuff (Rabbit Candy?) and PRC retaliating by banning their products. I think that our “political entrepreneurs” are malleable enough to close their eyes and permit all sort of junk food to be imported into Brazil!

    It is a good topic to be debated and hope to receive comments from others.

    Ah, I dont think that Ch.c will be using Wal-Mart do Brasil to market his Blue Brazilian coffee!!

  • Michael William

    The word for underwear is “cueca” unless you are Ch.C in which case it is calchinha.

  • Michael William

    Joao
    Yes, Wal-Mart is an extension of China industry. I admire the management for being so efficient but am amazed that so many people actually buy the shit they sell. Shopping there is apalling, yet the average ignorant American shopper does not understand that saving 50 cents on a bag of potato chips comes at a very big price. The people who say they are so patriotic in the interior of the U.S. are directly supporting the PRC regime – ignorant. I strongly in favor of free trade as long as there are some balances put in place, but Wal-Mart is anti-market, unchecked, monopolistic.

    I have been to Wal-Mart once just to see. That was enough. It is disgusting.

  • Michael William

    Wal-Mart is good for poor people? Maybe in China.

    Wal-Mart imports $22 billion of Chinese goods, making Wal-Mart the #1 importer of Chinese goods. Wal-Mart, if it were its own country, would be Chinaˢ۪s sixth largest trading partner. Just wait until Wal-Mart really starts growing in Brazil and see how much good it does for the low income population. Sure, they will be able to buy large volumes of processed foods at a low price just like the Americans do. Then they will wake up 50 pounds overweight, with diabetes, and still think their life is great because they can buy cheap processed items.

    Don’t make the same mistakes that lower middle-class America made!

  • bo

    [quote]…
    written by conceicao, 2007-09-04 19:22:00
    Following on from Bo’s comment, Wal-Mart has a service whereby illegal Mexican immigrants in the U.S. can wire money directly to Mexico Wal -Marts that family members can pick up and presumably spend there.[/quote]

    It’s called Western Union and MoneyGram.

  • ch.c

    Wal Mart – Wal Mart…….
    …..is certainly good for poors, low and middle income citizens !

    Cant you buy more….for less money, there ?

    Or do you prefer that they can buy less….for more money ?

    Wal Mart will even sell very low priced cachaÀƒ§a : ETHANOL !!!!!
    Ia ethanol not much cheaper than cachaÀƒ§a ?
    It only has a different taste, but dont worry you will become accustomed and addicted.
    Bin Lula already is !

  • forrest Brown

    500 million
    so how long will it take them to recope there money ,
    and how much of a kick back will lula and his gang get for letting them marvh into brasil and just hand over all the
    leagle papers .

    bo here is a idea lets go down and apply for jobs and see if we can get one of thoes high paying jobs
    how will they ev er find the managment staff to run the place 24/7

    dont know if eny one knows this wal-matr closed its store in homestead as the cubans and other
    low lifes shoped lifted them into loose too much money

    go to the wal-marts in porto rico you have to show them your recipt when you leave if you are of color .
    when we were there i just walked through the guard but the PR that were with me were stoped and had to show there recipt
    they asked way not him pointing at me and were told because in the US you go to jail for shoplifting .
    in PR the jails are to full for that silly stuff

  • João da Silva

    ConceiÀƒ§Àƒ£o
    [quote]But please credit me with the rare natural gift of imbuing a superiority complex in others where it otherwise might not exist.
    [/quote]

    You got the natural gift of “imbuing a superiority complex in others” (including my good self). I had to rush and consult a dictionery to decode the sentence,though!!. However, I must confess that I am of the opinion that even the old ones like my humble self have lots of things to learn from youngsters like you 😉

    If Shakespeare was alive,he would have been very proud of us both (though he would have resorted to Oxford dictionery and failed to understand what we are talking about)!

    Anyway,it was good to hear from ya.

  • conceicao

    Yes. Yes. Yes. Both your English and Portuguese are better than mine. This is par for the course and really the only reason that Brasilians even marginally tolerate me. But please credit me with the rare natural gift of imbuing a superiority complex in others where it otherwise might not exist.

  • João da Silva

    ConceiÀƒ§Àƒ£o
    [quote]aisles with a couple hundred thousand reais stuffed in their underwear.
    [/quote]

    Lad, you are very good too.But your Portuguese is not up to the mark,unfortunately. The “underwear” is “Cueca”. Try using adequate vocalbury ;-). Remember the “Political Entrepreneurs”? 😉

  • conceicao

    Joao, the first step will be to staff store security cameras with PT members only. Someone has to have the sophistication and experience to distinguish between real shoplifters and middle-aged politicos
    who just happen to be strolling the aisles with a couple hundred thousand reais stuffed in their underwear.

  • João da Silva

    Michael William
    [quote]Brazilians, don’t shop at Wall-Mart. You will become fat like most Americans. If at all possible, Wal-Mart sources from China so you will wind up supporting your country’s biggest competitor in various key market categories..

    I feel sorry for any Brazilian company that enters into negotiations with Wal-Mart. You will be dictated the price for your products even if it forces you to lose money, which you will do, for the promise of Wal-Mart volume.
    [/quote]

    Michael, your message is understood loud and clear, as the previous one you sent! The last time I was in U.S., it was pathetic to enter into Wal-Mart. All the products made in PRC.You made a good point, Michael.Keep posting.

  • Michael William

    Wal-Mart will create 2500 “direct jobs” in Brazil. Right, and in very short order they will eliminate far more “direct” jobs and “inderect” jobs (e.g. small businesses).

    Brazilians, don’t shop at Wall-Mart. You will become fat like most Americans. If at all possible, Wal-Mart sources from China so you will wind up supporting your country’s biggest competitor in various key market categories..

    I feel sorry for any Brazilian company that enters into negotiations with Wal-Mart. You will be dictated the price for your products even if it forces you to lose money, which you will do, for the promise of Wal-Mart volume.

  • João da Silva

    ConceiÀƒ§Àƒ£o
    [quote]Sure, Wal-Mart could extend this service to illegal Brasililian immigrants in the U.S., but the real lalapalooza – or lalapaLula – effect would come if somehow Wal-Mart could convince the Brasilian government to send the Bolsa Familia checks directly to expanding network of Wal-Mart stores in the Northeast.
    [/quote]

    I am sure one of the “Empreendendores Politicos” will be able to give a hand to Wal -Mart in their efforts to better the situation in the Northeast.I am sure you would agree that Wal-Mart is involved in charitable work too 😉

  • conceicao

    Following on from Bo’s comment, Wal-Mart has a service whereby illegal Mexican immigrants in the U.S. can wire money directly to Mexico Wal -Marts that family members can pick up and presumably spend there. Sure, Wal-Mart could extend this service to illegal Brasililian immigrants in the U.S., but the real lalapalooza – or lalapaLula – effect would come if somehow Wal-Mart could convince the Brasilian government to send the Bolsa Familia checks directly to expanding network of Wal-Mart stores in the Northeast.

  • conceicao

    Some serious observers credit the build-out of Wal-Mart in Mexico with tipping the recent presidential election away from AMLO. Consistent low prices and the existence of a solid retail development
    anchor greatly aided the development residential suburbs populated by citizens dubbed by some in the media as “Wal-Mart voters.” Something like 80% of people in the U.S. who shop at a Wal-Mart every
    week vote Republican in presidential elections – a really amazing statistic.

  • bo

    Wal Mart will love Brazil…
    since the vast majority of minimum paid workers are, in many cases, treated like slaves. That’s right up Wal-Mart’s alley!!! They’ll be like a brazilian on a U.S. tourist visa…..they’ll never leave!! 😀

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