Parker Electronic sets up in Panama

Parker Electronic, an Indian company based in Hong Kong, will sell its line of audio, video and household products in the country.

Thursday, November 13, 2008

Myron Isaacs, sales managers for Parker, said that the sale of products such as fans, refrigerators, washing machines, air conditioners, and televisions has already begun in Panama City at Rodelag. Meanwhile their exclusive store will sell "car audio" products.

More on this topic

Costa Rica: Appliance Chain Expansion

March 2017

The Unicomer group plans to invest $5 million this year in the opening of six new stores for its brands Gollo and Curacao and five new Opticians.

Unicomer Group's plan for this year also includes a new remittance service in tills in the Gollo and Curacao stores. Through an alliance with Western Union it will provide the money transfer service in 40 stores initially, and later this will be expanded to other outlets in the country and in Central America.

Nicaragua: Import of Appliances Up 21%

March 2015

Increased access to credit in 2014 boosted imports of appliances such as refrigerators, televisions and washing machines, which totaled $121 million, 21% more than in the previous year.

Greater access to credit both through banks and trading companies selling the appliances is the main reason for the sharp increase in imports of these products.

Household Appliances Chain Sold for $200 million

September 2012

Unicomer Group, owned by the Salvadoran company Siman and the Mexican company El Puerto de Liverpool SAB, have finalized the purchase of the Costa Rican home appliance chain Gollo.

According to an article in Elfinancierocr.com, Gollo chain stores have "113 outlets, 68,000 square feet of sales area, more than 350,000 customers and 1,500 employees.

Electrical Appliance Stores Stop Expansion in Costa Rica

April 2009

The big electrical appliance chains do not foresee opening any new stores this year.

The Gollo chain with 104 stores and M Group with 180 will focus this year on consolidating the outlets that they already have.

Hassel Fallas, in his article in Nacion.com, published statements by Eduardo Cordova, Gollo marketing manager: "These days, opening more stores is very difficult.

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