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Video Interview Excerpts

View excerpts of the interview with Eduardo Solórzano Regional President and CEO of Walmart Latinoamérica

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Prepared to invest in and grow existing Latin markets Walmart's Solórzano runs the region from new Miami offices

   With 25 years in retail, Eduardo Solórzano is now leading the direction in Latin America of one of the world's largest retailers.
   After working up the ranks in Walmart's Mexico operations and creating new shopping concepts to cater to consumers' needs, he now takes the reins as president and chief executive officer of the company's regional headquarters in Doral.
   In this new position, Mr. Solórzano is to oversee the company's operations and future expansion in the nine countries it now serves.
   Deciding on a location to set up the regional office was easy, he says, as Miami-Dade stood out for its strategic location and diverse population.
   Now, Walmart is investing $2 billion in Mexico and Brazil, two of its largest Latin American markets, to expand its presence.
   "And this is not only for new stores, but this also includes distribution centers, systems, remodeling of the stores," he said.
   Mr. Solórzano says one of the biggest challenges the mega retailer is tackling is finding the right personnel to staff and grow its operations in Latin America.
   "Having the right people in quantity and quality is one of the biggest challenges we are facing as a company…," he said. "I'm trying to be a facilitator to each of the country managers."
   Mr. Solórzano was interviewed by Miami Today reporter Yudislaidy Fernandez.

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