AM-PM Supermarkets Grow in Costa Rica

With a $1 million investment, the chain will open 5 more stores by the end of 2009, including one with the Fresh Market brand.

Monday, July 27, 2009

The new stores of the chain, branded "AM-PM" and "Fresh Market", will be located in the Great Metropolitan Area, and will create some 80 jobs.

"Armando González, CEO of the chain, and Gastón Margery, COO, explained that the decision to expand the brand in the Metropolitan Area is in response to both market studies that show the potential of the area, and to the success of the company", wrote Sergio Arce A. for Nacion.com.

More on this topic

Costa Rica: Growth in Supermarket Business

October 2017

Automercado has inaugurated a new point of sale in Guadalupe, San José, and next year it plans to build another in Curridabat, in the east of the capital.

The supermarket which opened its doors in Guadeloupe, required an investment of $1 million, and is the 21st point of sale of the chain Automercado. Representatives explained that "...This is the second supermarket inaugurated under this brand name in the course of 2017 (another opened in Santo Domingo de Heredia last January), thus fulfilling the number of openings planned in the expansion plan from 2016 to 2024."

Boom in Convenience Stores

August 2016

In the last five years in Costa Rica the number of these types of outlets has increased by over 30%, and companies in the sector project continued growth in the medium term.

Sales at the 141 convenience stores operating in the country, according to figures from Euromonitor as reported by Nacion.com, have also grown significantly in the last 5 years, going from $44 million in 2010 to $178 million in 2015.

Opportunities for Supermarkets in Costa Rica  

August 2013

Ongoing and projected investments indicate that there is still room for small and medium enterprises.

Small and medium sized supermarket chains are expanding in the greater metropolitan area.

One example is Super Mora, a mini chain of supermarkets from Puriscal which in 2014 will be expanding into Santa Ana, where there are plans to invest $3.7 million in the construction of a 7000 m² square which will include a main supermarket, commercial stores and parking areas. Super Mora is known to be competing with Auto Mercado, which recently opened a 2,600 m² store in Escazu.

Grupo Rey Invests $21 Million in Panama

May 2009

Grupo Rey Holdings began the construction of a new supermarket in Chitré, the chain’s first one in the Azuero region.

With an investment of $21 million, the construction of 3 thousand square meters for the next Grupo Rey supermarket began in Chitré and it will generate over 100 direct jobs.

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