Retail
in Central America
Friday, January 27, 2012
The Automercado chain has announced the opening of four new stores this year and next.
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.
Thursday, January 12, 2012
The chain, which closed one of its branches in a major shopping center, has announced investments of $4 million and the opening of three stores.
Carrion store chain will invest about $4 million in 2012 on the improvement and expansion of the operation it has had in the country for the last 10 years, reported Nacion.com.
Thursday, December 22, 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.
Wednesday, December 21, 2011
Florida Ice & Farm, without disclosing the amount of the investment, has announced the purchase of the Musmanni Corporation, which owns the bakery of the same name in Costa Rica.
With the acquisition, Fifco acquires control of 30 branches operating in the country. There are 150 other stores operating under a franchise.
Monday, December 19, 2011
Several years after requesting permits, the multinational has received permission to build a new supermarket in Mejicanos, with an investment of $15 million.
Last May, Claudia Ibanez, manager of corporate affairs at Walmart El Salvador, told the media that four years ago, the Ministry of Environment approved the construction. The permit was then sent to the mayor of the municipality for approval to build, but three years passed and no response was given. When it finally came, it was to tell them that they must again get permission from the Ministry of Environment.
Monday, December 19, 2011
The multinational retailer has opened a new ‘Pali’ store, which forms part of the announced investment of $54 million in the country.
With an investment of one million dollars the new store, Pali Santo Domingo, generated 16 jobs.
Friday, December 16, 2011
With an investment of one million dollars, Supermarkets La Colonia, has opened store number 22 in Honduras.
Located in the Premier de Comayagüela Mall, the 1,500 square meter supermarket has generated 60 direct jobs and over 180 indirect jobs.
Tuesday, December 13, 2011
The Ministry of Economy has launched a National Quality Policy which aims to turn El Salvador into a more competitive country.
A press release from the Ministry of Economy reads:
Economy Minister Hector Dada Hirezi launched this December 13 the National Quality Policy, the aim of which is not only to make a difference by turning El Salvador into a more competitive country, but also one where consumers get higher levels of respect in relation to the supply of goods and services.
Monday, December 12, 2011
With an investment of $1.8 million, the supermarket chain has opened store number 16 in the Metrocenter Mall.
The opening of the new store has generated 80 direct jobs and 100 indirect jobs.
"La Colonia has also conducted long-term agreements with cooperatives engaged in the production of fruits and vegetables from the north, west and south. 'We have received certification of good agricultural and manufacturing practices, our most consumed fresh products are guaranteed as hygienic ', said Leyton Cano, La Colonia’s marketing and purchases manager.
Wednesday, December 7, 2011
The Danish brand Carlsberg and Kronenbourg from France are to compete in the premium beer market.
The Carlsberg representative for Central America and director of Group Pivo indicated that there are plans to import about 650 thousand liters next year, of which they hope to sell 260,000 in the region.
Wednesday, November 23, 2011
The multinational has made projections for a 2012 expansion and modernization of its plant in El Salvador.
Without giving exact figures, Antonio Caicedo, vice president for Central America and the Caribbean, announced the investment. As part of its expansion plan the company has acquired land near the plant currently operating in Sito del Niño, San Juan Opico.
Tuesday, November 22, 2011
Despite the existence of several national companies who have invested in the production and distribution of cereals, consumers seem to prefer imported brands.
This is clear from market research conducted in the country, which carried out consultations on cereal brands preferred by families at breakfast.
Friday, November 18, 2011
The Costa Rican Ministry of Economy, Industry and Commerce has presented the results of a comparative study of staple food prices.
For the study, conducted between September 27 and October 11, 2011, 52 articles were selected, 39 were food products and 13 from the personal care category.
Friday, November 18, 2011
Costa Rican merchants will have three months to include in their displays the price per unit of measurement on their products.
The entry into force of Decree # 36,749, which obligates sellers to indicate the price per unit of measurement (PUM in Spanish) has been extended until March 2012.
Tuesday, November 15, 2011
With an investment of $9 million, the retail multinational has opened a new supermarket in its Mas x Menos brand.
Located in San Antonio de Belén, the new site has an area of 9677 square meters, and 199 parking spaces.