Cemaco Stores Expands in Costa Rica

With a $ 5 million investment the company opened its fifth store at Paseo de las Flores shopping center.

Friday, November 26, 2010

With an area of 4,000 meters, the store includes three concepts: Cemaco Home, Bebemundo and Jugueton.

"The opening of this outlet generated at least 80 new jobs. This represents a considerable benefit considering we have had a year marked by high unemployment rates," noted Marianela Beltrán, marketing coordinator of Cemaco to Elfinancierocr.com.

More on this topic

Chain Stores Plan Expansion in Costa Rica

July 2012

The Salvadoran Siman Group, a conglomerate that operates franchises for Zara, Zara Home and Massimo Dutti and the department stores Aliss, Yamuni, Carrion and Ekono has announced expansion plans.

In 2013 the Siman Group will open a new 10,000 square meter store in the new stage of Multiplaza del Este Mall which will generate 250 jobs.

Growth of Health Stores

July 2012

There has been increased business and new locations opening up, for products and services related to health and personal care.

In Costa Rica, the company Locatel, founded on capital from Colombia, Venezuela and Costa Rica has invested around $3 million in opening its first outlet in the Momentum Pinares Mall in Curridabat.

Chain Store Invests $ 8 Million in Guatemala

February 2011

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...".

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.

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