More Luxury Shops in El Salvador

Grupo Roble has begun the expansion of the Multiplaza shopping centers in Antiguo Cuscatlan and remodeling in Metrocentro in Santa Ana and San Salvador.

Tuesday, May 29, 2012

"For Multiplaza, which has 250 stores, new stores will open such as Victoria's Secret, Nike Store, Gap, La Senza, Banana Republic, Aldo, CAT, and Converse, among others, explained Alberto Poma, CEO of Grupo Roble. It is projected that these fashion brands will open between December 2012 and March 2013", reported elsalvador.com.

In total an area of 6.312 m2 will be remodelled and 6.807 m2 will be built. The works are scheduled for six months.



More on this topic

Proliferation of Malls Shakes up Retail Sector

January 2013

In Costa Rica the strong growth of retail space within large malls is leading to transfers, remodeling, and new tactics to attract tenants, and an increase in the number of vacant units.

Elfinancierocr.com reports that "The ‘theft’ of tenants by new malls and the exodus of other brands to smaller formats are just two of the effects of the boom in malls in the country."

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.

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.

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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Grupo AR Inversiones S.A.

The company develops small comercial projects in the capital city of Guatemala. 15,000-25000 square meters of construction area.
Operates in Guatemala
Phone: (502) 2367 5114 - (502) 2367 5113

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