Wal-Mart is planning to invest between BRL2bn (US$1.12bn) and BRL2.2bn to fuel growth in Brazil in the coming year. 

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


“The projected capex includes investments in new stores, distribution and technology,” a spokesperson for the US retail giant told just-food. “It is anticipated that between 100 and 110 new stores will be opened during 2010.”


The new stores will focus on the needs of Brazil’s growing middle class, the spokesperson added.


The capital expenditure represents Wal-Mart’s largest investment in the country and is a 30% increase on its spending in Brazil last year.


One of the high-growth potential BRIC countries, in terms of purchasing power Brazil is the ninth largest economy in the world and the second largest in the Americas, after the US.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now