Wal-Mart Stores has lined up plans to expand its network in Chile, the US retail giant has confirmed.

The company plans to invest between US$250m and $300m in its Chilean business in 2011.

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According to figures from the end of March, Wal-Mart had 282 retail units in Chile, including 121 Ekono supermarkets, 38 Acuenta stores, 53 Lider Express outlets and 68 Lider Hiper stores.

A spokesperson for Wal-Mart’s international business said the investment would focus on its Ekono soft discount outlets and Acuenta hypermarkets.

“The [investment] includes a greater emphasis in the expansion of the formats Acuenta and Ekono, which address segments where supermarket penetration is still low and there is room to grow,” the spokesperson said.

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She declined to comment on the number of stores Wal-Mart plans to open this year.

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Wal-Mart entered the Chilean market in 2009 with the acquisition of a majority stake in the country’s largest retailer D&S.