New Café Britt Store in Chile

As the sixth store opens at the Santiago airport, plans to open the first location in Antigua island is coming together.

Tuesday, June 16, 2009

With an investment of $1 million, the Costa Rican company, Coffee Britt, inaugurated a store called "Rumbo Sur" at the Santiago, Chile airport two weeks ago. The store is 260 square meters, and it is situated next to a 60 square meters mini-market.

In relation to the next store that is expected to open in Antigua by the end of this year, Mercedes Agüero writes in Nacion.com: "In that location, Britt will invest $1.3 million and it will become the owner of the largest commercial venue at the terminal. One of the advantages of this ex-colonial airport is that it receives direct flights from London which have much larger planes than those that arrive at terminals such as Juan Santamaría."

More on this topic

The IIC and Café Britt Costa Rica S.A. sign an agreement for a loan of up to US$4 million

July 2010

The Inter-American Investment Corporation (IIC) signed a loan agreement for up to US$4 million with Café Britt Costa Rica S.A., a subsidiary of Grupo Britt, N.V.

This IIC loan will provide Café Britt S.A. with appropriate permanent working capital financing that will help it plan its operating funding requirements at the regional level.

New Britt Store in Antigua

January 2010

Company Grupo Britt invested $1.3 million in a new store located at Bird International Airport.

The store has 220 square meters of commercial space, and operates under the XPlora store concept.

"As in the other Britt stores (57 in 6 countries), products range from chocolates, t-shirts and souvenirs to coffee and local crafts", reported Elfinancierocr.com.

Café Britt Will Invest $5 Million

August 2009

Its expansion plans include a store in Antigua's airport, two in Peru and one in Chile.

The company is also analyzing opening a coffee toasting plant in Cancún, Mexico, in order to strengthen its presence in that country.

Journalist Mercedes Aguero reports for Nacion.com: " ... it is also bidding for two other airport store concessions in the Caribbean, and looking to open eight stores in Costa Rica".

Café Britt Opens New Stores in Costa Rica

July 2009

The company is currently installing two new stores in the resort Hotel Paradisus Playa Conchal in Guanacaste.

The economic crisis has indeed caused a decline in the arrival of tourists to the Hotel Paradisus Playa Conchal resort, but the General Manager of Café Britt, Pablo Vargas, is “convinced that once the crisis ends the harvest from the current investments will bring better fruits,” according to Elfinancierocr.com.

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