The company plans to open its Dominican stores by May 2011. The three openings in Mexico will add to the eight stores already operating since early this year.
Pablo Vargas, manager of Group Britt, told Nacion.com, "that the stores in Mexico will employ 76 people and cover 320 m² at the International Airport in Mexico City. The other three, whose operating permits are in process, will put the number of m² of sales area at 400. The openings are planned for the first quarter of 2011."
The Costa Rican company has announced it will be opening five stores in Guayaquil airport and has signed contracts to operate at air terminals in Guatemala City and Montevideo and Punta del Este in Uruguay.
For the expansion of its operations, Grupo Britt has invested about $5 million, which will come from both equity and bank financing. Including these projects, there will be 13 countries where the company operates.
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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