WalMart

**tresfrijoles** · 06-02-2007, 05:33 PM

http://www.laprensa.com.ni/archivo/2...a/194792.shtml

WalMart Shareholders meeting

During a Company meeting for the stockholders of WalMart, it was announced that they will import U$300 million dollars worth of merchandise from Central America in 2007, U$130 million dollars of which is coming from Nicaragua.

CEO of Wal-Mart Central America, Ignacio Pérez Lizar, confirmed that Nicaragua will become the principal seller of merchandise to WalMart in the isthmus of Central America.

Wal-Mart Store Inc. operates in more that 13 countries of 2 continents, with more than 6,779 stores and 1.9 million employees.

"The opportunities in the region are increasing especially due to DR-CAFTA", said Pérez Lizar.

DR-CAFTA, has allowed Nicaragua to export to the US WalMart since April 2006, with low or No taxes.

Nicaragua produces mostly textiles with the U$130 million. U$65 million will go to Honduras, and the rest of the isthmus millones de dólares and the rest of the money to the other countries.

The numbers for 2006 realized by Nicaragua were not mentioned but he said that the rhythm of increase has been impressive.

Wal-Mart presently has 400 stores in Central America, 40 of which are in Nicaragua: 5 "La Unión" Supermarkets and 35 "Palí" Supermarkets.

Carlos Uribe, Vice President of the Board of Directors of Wal-Mart Central America, indicated that they plan on opening 50 more new stores in Central America, similar to 2006, however they did not mention numbers per country.

These stores will create about 1,000 jobs directly, to be added to their current 24,000 employees in the region.

Ignacio Pérez Lizar, also said that today WalMart is one of the top 10 employers of the region.

The WalMart stores in Nicaragua, Guatemala, El Salvador, Honduras and Costa Rica, recieve approximately 6 million shoppers weekly.

**cmoore56** · 06-02-2007, 06:27 PM

Too bad *

!

**Dr. Demento** · 06-03-2007, 04:53 PM

to nicaragua. *why is that bad?

**José** · 06-03-2007, 07:57 PM

yeah... why is that bad? I work there.

**Jonh** · 06-03-2007, 08:02 PM

Looks like a great place. http://www.imdb.com/title/tt0471337/

**tresfrijoles** · 06-03-2007, 08:09 PM

Thats a Documentary!

**José** · 06-03-2007, 10:04 PM

Walmart is the American Dream, why wouldn't you want to work there?

**Jonh** · 06-04-2007, 07:17 AM

My wife and her aunt can give you some first had experiences about why you would not want to. On the other hand, nearly every employer has its drawbacks.

That's why I'm self-employed.

**Dr. Demento** · 06-04-2007, 08:32 AM

was a greeter at walmart in his retirement. he disliked another greeter telling him what to do. so yes, he hated "wally-world." he left that job to work at a casino. that he loved. lotso food.

**TropicalTraveler** · 01-13-2008, 01:05 PM

... where the bulk of the employees have a wage below the poverty level in the United States (http://wakeupwalmart.com/facts/). *At least the company honchos in Bentonville are living well. And in corporate America that is whats really important, isn't it?

**Just Plain John Wayne** · 01-13-2008, 06:44 PM

I remember well working for $2.00 and hour when the minimum was $2.35, off the books of course...

The master of the profession gave me MORE than the difference in EXPERIANCE that no one can take away form me...No One...

I paid my dues... and if getting a good education and going on to bigger and better things is important...I hold my hand out to you...as well...