Retail Boosts Economy

In the Dominican Republic, retail sales lead the commercial activity in the country, and only in El Gran Santo Domingo more than 105 thousand commercial establishments are identified.

Monday, December 23, 2019

Eldinero.com.do explains that "... Of the provinces that make up the national territory, Independencia, with a population of 52,589 inhabitants, recorded the lowest number of commercial establishments in the country, which amounts to only 0.3% of the 457,095 businesses (formal and informal) that exist throughout the country, according to data from the National Statistics Office (ONE). However, of 1,488 establishments in that province, 39.9% (its highest percentage) belongs to retail trade, an activity that intervenes between purchase to wholesalers and sale to the final consumer, in this case, except for trade of vehicles and motorcycles."

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"... The other activities correspond to food and beverage service (with 11%), gambling and betting (9.4%), other service activities (7%), which includes, in others, tailoring, laundry, funeral, beauty salons and barbershop. Also education (with 3.8%), motor vehicles and motorcycles (3.6%), public administration and defense; social security plans of obligatory affiliation (3.5%), activities of Associations or organizations (3.5%), activities related to human health (2.0%), and Lodging (1.5%)."



More on this topic

How Many and What Businesses Operate in San Salvador?

January 2020

It is estimated that in San Salvador two out of every ten commercial establishments are service sector companies, which are mostly vehicle maintenance workshops, banks and consulting agencies.

An analysis of commercial establishments in El Salvador, prepared by the Trade Intelligence Unit of CentralAmericaData, shows interesting results on the characteristics of the companies operating in the country's capital, according to their location and type of activity.

Where are the supermarkets in Central America?

October 2018

In Costa Rica about 30% of supermarkets are in San Jose, Guatemala, the metropolitan area concentrates 45% of establishments, while in Panama, 32% are in West Panama.

An analysis of the Trade Intelligence area of CentralAmericaData provides interesting results on where they are located, who they are, if they operate independently or if they belong to a chain or business group.

Guatemala: Slight Rebound in Economic Activity

June 2016

Despite growing by 3.39% year on year in April, ending the downward trend seen in the growth rate, the commercial sector reported a weakening of sales.

A report by the Bank of Guatemala notes that   "...up to April 2016 economic activity, measured by estimating the IMAE, increased by 3.4% (3.0% in April 2015). This result was driven by the positive performance seen mainly in the following economic activities: Manufacturing Industries; Wholesale and Retail sales; Financial, intermediation, insurance  and auxiliary activities; private services; Transport, storage and communications; and supply of electricity and water collection. "

The Sale of Surplus Inventory

March 2013

In Costa Rica there is a proliferation of commercial premises under the generic name of "outlets", enabling companies to get rid of, at discount prices, surplus products.

Elfinancierocr.com reports that "last year, the company Tecnología en Calzado S. A., operator of 50 shoe stores in the country, opened its fourth discount store or outlet in downtown Cartago.

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