Guatemalan Drug Store Chain Enters Salvadoran Market

Grupo Pharma, through its 'Community Pharmacy' brand, has opened its first 15 branches in El Salvador.

Friday, September 3, 2010

Grupo Farmacéutico, S.A. de C.V., the group's representative in El Salvador, plans to open 200 drug stores, which will also operate as mini Banco Industrial branches.

"Grupo Pharma's growth plans point to North America. Luna del Pinal commented that Industrias Bioquímicas, S.A. expects to begin exporting 14 new pharmaceutical products to the USA and Mexico from October," reports Elperiodico.com.gt.

¿Busca soluciones de inteligencia comercial para su empresa?



More on this topic

Starbucks Opens First Coffee Shop in Guatemala

March 2011

On March 19 the chain will open its first store at the Pradera Concepción Mall.

The inauguration increases the presence of coffee shops in the Guatemalan market, which currently has ten chains and small cafes competing for a market share.

"Francisco Pallarea, president of Café Cultura magazine, believes the market for coffee shops will become more competitive, reflected in service proposals and products currently offered, the chains who become static against Starbucks will lose their competitive edge and, therefore, their market share,” reported Elperiodico.com.gt.

Costa Rica: Competition Intensifies in Pharmaceutical Sector

September 2010

Walmart and CEFA trigger increased competition among drugstore chains by seeking to gain market share.

Corporación CEFA, owner of Fischel, Catedral and Farmatica, has announced that it is to open more stores in the rest of the year with one for Escazu in November and another for Limón in December.

The Coffee Cup Forays into United States

August 2009

In February, the Salvadoran company will open a store in Austin, Texas.

Samuel Quirós is the president of Quality Grains, holding company for The Coffee Cup stores. He said they intend to open 10 stores in Texas in their first year of U.S. operations.

"At first, the Austin store will operate under a hybrid business model, 50% property of the company and 50% franchise.

McDonald's Expands in Costa Rica

May 2009

With the opening of a restaurant in Liberia, Guanacaste, the total number of stores for the chain comes to 33 in the country.

The store has capacity for 140 customers and it is located at the entrance of Liberia, near the Bramadero Hotel.

Elfinancierocr.com printed the statements Paola Badilla, marketing manager for McDonald's in Costa Rica: "The store will operate with 45 employees.

ok