Wal-Mart in El Salvador
At the end of 2005, Wal-Mart entered El Salvador through its acquisition of CARHCO, a holding company for various retailers in Central America. Now known as Wal-Mart Central America, it is the largest retailer in Central America. According to the Wal-Mart site on its El Salvador operations, the company operates stores under 3 brands:
Despensa Familiar -- 31 stores
Despensa de Don Juan -- 32 stores
Hiper Paiz -- 2 stores
The company has 4163 employees in El Salvador. La Prensa Grafica reports this week that Wal-Mart plans to open at least 8 new Despensa Familiar stores a year for the next three years. Despensa Familiar is Wal-Mart's retailing concept where it sells out of small stores, but offering savings of up to 20% due to Wal-Mart's low cost of operations.
wal-mart, welcome to el salvador!
The store was clean, bright, and merchandise was easy to find. Sort of like a similar store here in the USA.
This is bad for our country!!!
It's true that our government is responsible for allowing this multi-billion industry populate our country with their too good to be true offers, but at the end we have the last word because, we spend our money there.
Low prices anywhere for somehing that should be like expensive has tricks pulled so sweatshop workers earn $12 a week if lucky while Lee Scott gets $50 million
No nation is profiting in fact Wal-Mart earns more than El Salvador.Buying China made products ruins other economies and more people must work
There is a good reason Berkeley and other radical towms leave Wal-Mart out
- A conscious teenager