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Herald Today Manatee Bradenton Sarasota

WAL-MART GREETS LATIN AMERICAN RESTAURANT

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Group's study seeks
By MAURA POSSLEY


A Latin American chicken restaurant giant will be moving into Wal-Mart locations nationwide, an agreement that capitalizes on the rapidly expanding Hispanic market here and across the country.

The venture begins next year with the company leasing out space to allow for 500 Pollo Campero restaurants inside their stores by 2012.

" Wal-Mart has been growing a lot in the whole market and they have a very strong consumer base made of Hispanics," said Rodolfo Jimenez, Pollo Campero executive vice-president of business development.

Founded in 1971 in Guatemala, the restaurant is known for its grilled and lightly breaded chicken with American and authentic side dishes and drinks.

" Anybody who likes chicken really likes our concept," Jimenez said. "It's not only for the Latinos."

The chain has opened 226 locations worldwide and 36 freestanding restaurants in the United States where the Latino population is historically dense, including California, Texas, Washington, D.C., New York and Illinois. The restaurant's first eatery in Florida is set to open in Boynton Beach this week.

Whether Manatee or Sarasota County Wal-Marts will soon see a Pollo Campero had not yet been determined. But the company eventually plans to have 50 locations in the state.

" Florida is a very good market from Tallahassee down to Miami," Jimenez said.

Eleven percent of the Tampa Bay area's market - including Manatee and Sarasota counties - was made up of Hispanics in 2004, according to data from Global Insight, provided by the Sarasota-based Nuevo Advertising. Those consumers represent 7 percent of consumer spending for that same region.

And the population continues to grow.

The Latino population in 2006 was nearly 39,000 in Manatee County and more than 24,000 in Sarasota County.

Local Hispanic business leaders say Wal-Mart's move mirrors those of other corporations.

" This is why America has to realize that the Latino market is powerful," said Jim Delgado, a member of the local Gulf Coast Latin Chamber of Commerce.

Friday, December. 21, 2007
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