Walmart Chile, a leading player in the Chilean retail industry, has announced an ambitious $1.3 billion investment plan over the next five years. The plan, unveiled by Walmart Chile President and CEO Cristián Barrientos and Walmart International President and CEO Kath McLay, will focus on expanding operations, creating 4,000 new jobs, and opening 70 new stores across the country.
Commitment to Chilean Communities
The investment emphasizes not just infrastructure and technology, but also Walmart’s dedication to improving the lives of Chileans. “This is not just an investment in infrastructure and technology; it is an investment in people, in communities,” said Cristián Barrientos.
Walmart’s plan will strengthen its value proposition, helping Chilean customers save money on essential products while improving their quality of life.
Punta Arenas: Symbol of Resilience and Innovation
The announcement ceremony took place in Punta Arenas, home to the southernmost Walmart store in the world. Known for its harsh climate, the region regularly experiences extreme conditions, including temperatures as low as -15° F. Despite logistical challenges, Walmart Chile has implemented innovative supply chain solutions, including land, sea, and air routes, and a reserve storage system known as “El Oso” to ensure uninterrupted access to essentials.
Moreover, Walmart has expanded its eCommerce reach by delivering products via ferry to Puerto Toro, the southernmost inhabited community on the planet.
“Stories like these are what drive us,” said Barrientos, highlighting Walmart’s commitment to serving every corner of Chile, from Putre in the north to Biobío and beyond.
Expanding Reach Across Chile
Walmart Chile’s strategic plan includes entering new regions like Vallenar, Los Vilos, and Pozo Almonte. A ninth distribution center will be built in southern Chile to support omnichannel growth, improving logistics and nationwide accessibility.
Sustainability at the Core
Aligned with Walmart’s global goal to become a regenerative company by 2040, Walmart Chile’s investment also includes initiatives to combat climate change:
- Installation of solar panels in over 50 stores, increasing renewable energy usage to more than 80%.
- Addition of 25 new recycling points across Chile by 2025.
These measures reflect Walmart Chile’s ongoing commitment to sustainability and environmental stewardship.
A Positive Impact on Chile’s Economy
Walmart Chile is currently the third-largest employer in the country, with 40,000 employees across 399 stores under brands like Lider, Express de Lider, SuperBodega aCuenta, and Central Mayorista. With this investment, Walmart aims to create new job opportunities, support local economies, and improve the shopping experience for millions of Chileans.
Walmart’s Global Leadership
As part of Walmart International, Walmart Chile benefits from the company’s global expertise in sustainability, omnichannel retail, and community-driven initiatives. With operations in 19 countries, Walmart serves 255 million customers weekly and continues to focus on innovation, affordability, and quality service.
For more information on Walmart’s initiatives, visit corporate.walmart.com or follow Walmart Chile on social media.
Key Takeaways:
- Walmart Chile to invest $1.3 billion over 5 years.
- 70 new stores and 4,000 new jobs will be created.
- Expansion to underserved regions like Vallenar, Los Vilos, and Pozo Almonte.
- Sustainable energy initiatives include solar panels and recycling points.
- Walmart Chile reaffirms its mission: helping Chileans save money and live better.
