Chain Stores Plan Expansion in Costa Rica

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.

Tuesday, July 17, 2012

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.

Between 2016 and 2017 it expects to have four or five outlets for which it is investigating venturing into new areas such as Heredia, Cartago and Alajuela.

"The conglomerate which manages Spanish franchises belonging to Grupo Inditex (Zara, Zara Home and Massimo Dutti) – has announced the arrival of four new concepts into the country. Bershka, Pull & Bear and Stradivarius are youth clothing brands which will open up for the first time in Costa Rica, together with the lingerie store Oysho", reports Elfinancierocr.com

The department store will open a new Yamuni store measuring about 2,500 feet in the Lincoln Plaza mall, Moravia, in November








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More on this topic

Almacenes Simán Expands to Costa rica

July 2009

The first Costa Rican store of the salvadoran group will open in November 2009, hiring over 300 employees.

In an interview with Nacion.com, Ricardo Simán, president of "Tiendas Simán", speaks about the new store they will open in the fifth stage of Grupo Roble's Multiplaza Escazú, in November of this year.

Inditex expands in Guatemala

December 2008

The Spanish chain Inditex expanded its textile empire to the Oakland Mall where on Thursday it inaugurated its new Stradivarius and Massimo Dutti formats.

Alejandro Azurdia, Stradivarious manager, explained that the Inditex group stores are geared towards particular tastes and life styles: "Pull and Bear is for urban youth, Bershka is for fashion youth, Zara has a wider appeal.

SIMAN and Agrisal Stores join up in El Salvador

October 2008

Both companies completed a deal for the joint expansion of the Plaza Mundo Commercial center.

SIMAN will be the main store in the new stage of the commercial center, increasing the commercial space to 55000 square meters.

The new SIMAN store will create 350 jobs and will have a area of 8600 square meters.

Costa Rican department stores market shaken up

September 2008

A high purchasing power and demand for goods and services is attracting big competitors such as the Salvadoran Siman Group which inaugurated a 11,000 m2 store.

A market that was once characterized by competition between local stores such as La Gloria, Yamuni and LLobet on the national level has turned into a regional dispute with the arrival of the international department store chains.

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