Supermarket Chain Announces Expansion in Costa Rica

The Automercado chain has announced the opening of four new stores this year and next.

Friday, January 27, 2012

Once permits have been obtained from the municipality of Santo Domingo de Heredia, construction of one of the new supermarkets will begin, said the chain's vice president Diego Alonso.

For 2013 plans include the construction of another store in the adjoining district of Alajuela in Guácima Hacienda Los Reyes.

According to an article in Elfinancierocr.com, "Alonso stated that during this year and next year, two more stores will be opened, whose locations and additional information he preferred to reserve for the moment."

More on this topic

Rise of Convenience Stores

May 2012

In Costa Rica the small open-all-hours convenience store format is booming, with the entry of new players to the market.

The chain Automercados is to open convenience stores in a format which as yet is not known, although the company is currently building a dozen stores in several malls.

More Investment in Supermarkets

February 2012

In Costa Rica, Megasuper, Walmart and AutoMercado are preparing to open more stores in the capital and surrounding areas.

Megasuper is to open three new stores in the capital with an investment of $30 million and the creation of 100 new jobs, said Walter Vega, general manager of the company.

Walmart to Invest $84 Million in Guatemala

April 2011

The multinational retail company has announced the opening of 25 new stores in the country.

By the end of 2011, Walmart will open 25 new stores, bringing to 200 the total number in Guatemala. It will also carry out remodeling works at its hypermarket style stores branded Maxi Bodega and Despensa Familiar, according to Alberto Ebrard, executive vice-president and general manager for the firm's Mexican and Central American operations.

Walmart Opens New Store in El Salvador

December 2011

With an investment of $4 million, the multinational has opened its first retail store under the 'Maxi Despensa' brand.

Located in San Marcos, the new facility has created approximately 40 jobs, and has 1,200 square feet and a parking area for 76 vehicles.

Walmart also announced that this month it is opening a ‘Despensa Familiar’ in Olocuilta, La Paz. This store will cost one million dollars and will generate 20 jobs.

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