Eagle Worldwide Inc.(fka ELWD)

[Investor100]

Largest Retail Giant Opens 14 Stores In Central America

As you may or maynot know Wal-Mart spends a ton of money and research before openning in new markets. For them to open 14 new stores in Costa Rica this year clearly indicates that this region of the world is expolding with business.

This level of confidence of building 14 stores / $49,000,000 again tells me that PNMS is at the right place at the right time in Central America.


Wal-Mart to expand reach in Costa Rica
World's largest retailer plans to spend $49 million to open 14 new stores in the Central American country this year.
February 20 2007: 7:39 PM EST

SAN JOSE, Costa Rica (Reuters) -- U.S. retail giant Wal-Mart Stores Inc. will spend $49 million to open 14 new stores in Costa Rica this year, the company said Tuesday.

The new stores will create 1,500 new jobs in the Central American country, Wal-Mart said.