Walmart to invest $700M in Guatemala over 5 years for store expansions and strategic projects.

Walmart plans to invest $700M in Guatemala over the next five years, as announced by Cristina Ronski, Central America Vice President. The investment will be utilized for store expansions and other strategic projects in the country. Walmart's Mexico and Central America unit, Walmex, reported double-digit same store sales growth in Guatemala, Nicaragua, and Honduras in Q1.