Walmart sells 11 Amigo supermarkets to Pueblo | finance

Walmart Puerto Rico said today that it will sell its 11-store chain Amigo Supermarket to the Pueblo supermarket chain.

With the sale of the Amigo series, Supermercados Pueblo will take ownership of 11 supermarkets located in the cities of Bayamón, Toa Baja, Caguas, Luquillo, Río Piedras, Juncos, Guaynabo, Guayama, Fajardo and San Lorenzo.

All 11 stores will reportedly continue to operate under the Amigo brand and Amigo employees will have the opportunity to retain their positions at Pueblo.

“We thank the 1,100 colleagues who have worked on the Amigo Series all these years. Pueblo aims to retain the vast majority of Amigo’s partnersWalmart Director of Public and Government Affairs, Evan Baez.

On the other hand, Wal-Mart It announced a plan to renovate its chain of 25 stores and clubs with an investment of $57 million that will bring new technology and equipment to the island.

Investments in Walmart and Sam’s Club stores will include innovations to enhance the shopping experience.

These improvements It will include new payment terminals and cash registers, convenience store pick-up facilities, upgraded kitchen equipment, and cooling and air conditioning systems.

“Walmart has been an important partner in the development of the Puerto Rican economy for more than 30 years, and we are now planning for the future with this multi-million dollar investment,” Baez said.

“The investment we will make in our stores and clubs will improve the shopping experience of our customers so that they can continue to save money and time, and help them live better,” he added.

Walmart Puerto Rico operates 18 stores under the Supercenter, Division 1 and 7 Sam’s Clubs and distribution center formats. In total, the company employs more than 13,000 associates on the island.

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Ramon Calderon, president of Pueblo Inc. , who also owns Holsum de Puerto Rico, Inc. , that we have been pleased to incorporate the Amigo® stores into the Pueblo Inc. family. Which continues to expand and consolidate the company’s presence on the island and contribute to the country’s economy.

The eleven ports are expected to go official in early September this year. The stores, which will continue to operate under the Amigo® brand, will complement the Pueblo® supermarket chain, which has 22 stores throughout Puerto Rico.

“With the purchase of Amigo® stores, the chain becomes purely Puerto Rican where customers will have an excellent shopping experience, they will find quality and variety of products to meet their dietary needs and many other categories. Among the new range that will be found in Amigo®, products from exclusive brands will be included Like Food Club®, Simply Done®, Chief’s Reserve®, and other products that deliver consumer value, Calderon said.

The Amigo® Chain, under its new management, will provide employment to the vast majority of current chain employees, who will have the opportunity to join Pueblo Inc.

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