Costa Rica's Grupo M to open 13 stores in NicaraguaCosta Rica's Grupo M said it will open 13 household appliance stores in Nicaragua under its El Verdugo brand.Wednesday, July 2, 2008 ![]() El Verdugo is one of five chains that make up Grupo M, which has 370 stores in Costa Rica, Nicaragua, Honduras, El Salvador and Guatemala. Three of the new Nicaraguan El Verdugo stores will be located in the capital and the rest in the provinces. Source: elsalvador.com $50 million credit for Grupo M Holding S.A.August 2008 The IFC, the World Bank's financial arm for private sector support, granted a loan of 50 million dollars to Grupo M Holding S. A. Grupo Monge Invests $45 Million in Regional ExpansionMarch 2010 The home appliances chain will open new stores in Guatemala, Honduras and Nicaragua. GAP Comes to PanamaFebruary 2012 The GAP clothing chain will open its first store in Panama in late February. Gollo Stores Expands in Costa RicaNovember 2010 The company announced the opening of six new stores and that it will relocate several of its current shops. |
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