New "Play" Store in Costa Rica

Grupo Monge inaugurated its third "Play" store in the country; it is located in Escazú, and has 2.355 square meters of commercial space.

Thursday, November 12, 2009


©image: Grupo M

The $5 million electronics and home equipment store will offer 9.000 different products.

"Grupo Monge has hired 60 people for administrative and sales jobs. They were trained in the group's other two Play stores: Zapote and Paseo de Las Flores", reported Nicaraguahoy.info.

More on this topic

M Group Grows in Costa Rica

June 2009

With an investment of $2.4 million, they are building a new Play store in Escazú, and it is expect to be ready in October 2009.

The new Play consumer electronics store in Escazú, the third with this format that M Group has in Costa Rica, will be aimed at a niche market with high purchasing power.

Hermès Will Open Store in Panama

November 2009

French fashion brand Hermès will open its first store in Panama City on December 2nd.

Hermès specializes in ready-to-use leather accessories and luxury perfumes. Its store will be located in Shopping Mall Multiplaza.

"The company is headed by Patrick Thomas, while Pierre-Alexis Dumas is the Art Director", reports Prensa.com.

Grupo Monge Invests $45 Million in Regional Expansion

March 2010

The home appliances chain will open new stores in Guatemala, Honduras and Nicaragua.

Company president Gastón Monge commented they plan to open 40 new stores in Guatemala using the “Gallo más Gallo” brand.

“In Honduras, Grupo M will invest $15 million in 20 new stores”, reported Nacion.com. “5 stores are planned for Nicaragua, which will cost between $2.5 and $5 million”.

Chain Store Invests $ 8 Million in Guatemala

February 2011

As part of its expansion plan, Cemaco will open three new stores in 2011.

On March 18 it will open a new store at the Mall Flores del Lago.

Maria Fernanda Jaramillo, executive vice president of the company, told Prensa Libre that "an express format will be created by the middle of this year at the Avenida de las Américas, in area 13.... The expansion plan also includes opening a store on route to the Atlantic...".

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