Costa Rica: Growth of the Wholesale Supermarket BusinessAn average of 20% annual increase in sales has been reported by companies specializing in the distribution of food and beverages in bulk.Monday, March 10, 2014
The market of wholesale supermarkets in Costa Rica continues to grow, mainly driven by the opening in recent years of convenience stores, bakeries, 'sodas' (small low end restaurants), restaurants and hotels. Some establishments have reported an average annual growth of 20% in sales. Source: elfinancierocr.com Costa Rica: Food Service Company BoughtNovember 2017 The global food service firm Sysco Corporation has announced the purchase of the remaining 50% of Mayca Distributors, in a transaction whose amount was not disclosed. Nicaragua: $15 million Investment in SupermarketAugust 2015 The Pricesmart chain has started construction of its second supermarket in Managua, whose start of operations is planned for November this year. Costa Rica: Food Service Company Sells 50% of its SharesMay 2014 Half of the capital of the wholesale supermarket chain Mayca will pass into the hands of the U.S. company Sysco Corporation. PriceSmart Invests $20 million in Costa RicaOctober 2013 The store chain for members only has opened its sixth location in the country, with an area of 21 thousand square meters.
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