The retail giant is allocating $2.4 billion to enhance its logistics and store footprint in Mexico and Chile. The move is part of a long-term strategy to reduce reliance on the U.S. market.
- Allocating $2.4 billion to Mexico and Chile operations
- Targeting 1,500 new store openings in Mexico through 2029
- Expanding Chile's Pudahuel facility to 130,000 square meters
- Integrating 2,300 robots to cut delivery times by 25%
- Reducing dependence on U.S. sales, which currently comprise ~70% of revenue
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