The 200 biggest companies in Central AmericaMonday, November 3, 2008 They produce 28 percent of the GDP in the area. Their performance sets the pace for economic activity and industry trends. Mexican America Movil and Arkansas giant Wal-Mart are, without a doubt, the two biggest stars in the ranking, evidencing the significant activity in telecommunications and retail sales in the region. PriceSmart Expands in Costa RicaThursday, April 16, 2009 The chain will open a new outlet in the town of Alajuela next April 17. The opening of the supermarket will create 120 jobs. PriceSmart buys property in Panama and Costa RicaWednesday, October 1, 2008 The Company plans the construction of new PriceSmart Warehouse Clubs and the development of adjoining Commercial Centers. On September 24, 2008 PriceSmart acquired 13,162 square meters of real estate in Panama City, Panama, upon which the Company plans to construct and operate a new PriceSmart Warehouse Club. Typically, PriceSmart land requirements are approximately 20,000 square meters.
MARKET STUDY
Household Appliances: Market Share of the Blender MarketWednesday, March 4, 2020 In Central America, it is estimated that Operadora de Tiendas, Corporación de Supermercados Unidos, Pricesmart de Panama and Moderna Electronics account for about 10% of total imports of blenders and their parts. A study by CentralAmericaData's Trade Intelligence Unit shows that GMG Comercial from Guatemala and Costa Rica, and Comercializadora Panamericana are other companies that have a considerable share of the Central American blender market. Record Sales at Salvadoran Coffee AuctionFriday, June 18, 2010 The specialty coffee auction netted $718.838, the highest of any of the nine countries where the Excellence Cup is held. An average coffee quintal was sold for $723, surpassing the previous record of $536.27, which dates back to 2008. PriceSmart Invests $14 Million in PanamaFriday, April 9, 2010 The supermarket chain opened a new store in “Brisas del Golf”, Brisas, on Tocumen road. PriceSmart has now invested a total of $40 million in the country, where it has 70.000 subscribers. Panama to Participate in 21 Fairs in 2012Thursday, January 5, 2012 The country will participate in 21 international fairs specializing in agricultural products, logistics, food, handicrafts and more. As of October 2011 the value of contracts signed at fairs amounted to $660 million, $34 million more than in the same period in 2010. World Congress of Coffee Scientists in Costa RicaTuesday, September 18, 2012 The 24th edition of the biennial conference of the Association for Science and Information on Coffee, ASIC 2012, will be held in Costa Rica, from 11 to 16 November 2012. It is the first time that the gathering of the International Conference on Coffee Science (ASIC) takes place in a Central American country. The remarkable efforts made by Costa Rica to maintain very high standards of production, have caused great anticipation and interest in the scientific community coffee. "Outlet" and "Off-Price" Formats in Costa RicaMonday, March 2, 2015 Description of the workings of the retail scheme for discounts, off-price and outlet formats, and expertise in selling products at low prices which are from previous seasons or have minor flaws. The objective of this marketing model is to pass on low prices to consumers and "... stay competitive in different retail segments in the country." This is the case of the Best Brands shop, which uses the off-price model, which has reported a growth of 10% in 2014, compared to the previous year. CABI Commodity Price Index IntroductionMonday, April 20, 2009 The CABI Commodity Price Index is an indicator of Guatemalan trade terms, composed of both local and international variables. They take the prices traded on the stock exchange for raw materials that are important to the trade balance and they are weighted based on their importance, according to official data from the Banguat. The most important components are coffee (exports) and oil and derivatives (imports). PriceSmart Invests $20 million in Costa RicaFriday, October 18, 2013 The store chain for members only has opened its sixth location in the country, with an area of 21 thousand square meters. This is the 18th branch of PriceSmart in Central America and the largest of all that have been established in Costa Rica. The property comprises of two levels and a parking lot for 320 vehicles. Quality coffee from El Salvador enters Costa RicaMonday, January 19, 2009 The Coffee Cup, a gourmet coffee brand from El Salvador, opened the first of nine stores in the city of Grecia. Elfinancierocr.com reports: "The salvadoran entrepreneur indicated that the contract with the costa rican company Coffe and Talk includes opening nine additional stores in different locations of Costa Rica, and the investment for each of them will be between $125.000 and $150.000, depending on location and size." Guatemala: $2,000 per Quintal of Coffee in Electronic AuctionFriday, July 8, 2011 Although low, the final price paid exceeded the specialty coffee auctions in Costa Rica, El Salvador and Nicaragua. The Cup of Excellence auction, hosted by Coffee Bean International for Target in the United States, ended with the sale of coffee from the “El Socorro” farm, which sold a lot of 26 quintals at $2012 each. Business: Big Data and Subscription ModelsWednesday, November 13, 2019 The business models operating under the concept of a subscription, such as Netflix, Amazon or even PriceSmart, can have great advantages over their competitors if they manage to properly manage the large volumes of data they handle. The payment of subscriptions is not only for modern online services, as retail companies apply it in the region, as is the case of the supermarket chain PriceSmart. Executive salaries rise 12.5% in PanamaTuesday, June 24, 2008 A survey carried out by PriceWaterhouseCoopers between April 2007 and May 2008 shows that executives have gotten average raises of 12.5 percent. The reason for the increase is the need for companies to attract and hold personnel in a growing economy. |
|