Shopping Centers: Low Optimism for Reactivation

As of August 17, Panamanian shopping centers will reactivate their operations, but only through online sales and consumers will only be able to withdraw their products, a modality that does not generate enough income to cover the costs of the shops.

Friday, August 14, 2020

Due to the covid-19 outbreak, the Panamanian government has postponed on several occasions the reactivation of productive activities in the country, but after the Cabinet Council and the health advisory teams made an analysis of the current situation, the authorities decided to reopen the premises dedicated to retail trade.

For the Panamanian Association of Shopping Centers (Apacecom), the opening of stores operating in this type of facility to serve only customers who make purchases online will not be enough to guarantee the profitability of these businesses.

You may be interested in "Shopping Centers: New normality, new strategies"

Nadyi Duque, president of Apacecom, told Elcapitalfinanciero.com that "... online purchases only represent between 5% and 10% of the regular sales volume of a business and that is not enough to sustain the businesses operating in the country, so it is necessary to reopen retail trade soon, so that customers can enter the premises and make their purchases, always complying with the biosecurity measures recommended by the Ministry of Health (Minsa)."

Also see "The era of virtual shopping malls begins"

Duke added that "... We expected a pronouncement of total opening, just as people can go to a supermarket to buy, as they can also enter the stores and do their shopping, we have all the biosecurity measures."

Do you need to measure the potential of a Shopping Center location? Contact Us








this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423


More on this topic

Stores and Restaurants Reopen in Panama

September 2020

After six months of restricted activity, as of September 28th the shopping centers and restaurants reopen their doors to the public.

Due to the outbreak of covid-19, most commercial activities have been suspended since March of this year. Currently, in the context of economic recovery, the government has been relaxing restrictions and more and more sectors are beginning to be reactivated.

Shopping Centers Reopen

July 2020

After more than four months of closure due to the covid-19 outbreak, shopping malls in Guatemala received the endorsement to start serving their customers and as of July 31 have reactivated their operations.

With the publication of Ministerial Agreement 187-2020, the Health Alert System for the covid-19 epidemic was made official, which includes four alerts: red or maximum, orange or high, yellow or moderate, and green (new normal).

Shopping Centers Prepare for the New Reality

July 2020

Encouraging online sales so that customers can pick up products without getting out of their vehicles is the commitment of some Panamanian shopping centers to comply with the safety protocols that will be required in this new commercial reality.

Due to the threat of the spread of covid-19, since mid-March, Panamanian authorities decided to close the shopping centers.

Shopping Centers Forced to Reinvent Themselves

June 2020

Using technology to measure the flow of visitors, reducing the furniture available in the food courts and implementing product deliveries in the parking area are part of the changes that the region's shopping centers must apply in this new reality.

Because of the threat of the spread of covid-19, since mid-March in Central America, the authorities agreed to close the shopping centers.

 close (x)

Receive more news about Retail

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Grupo Williams

Comercialization of Urbanization Commercial Mall construction and Comercialization Construction and comercialization of Industrial and logistic buildings. Housing Construction Projects
Operates in Honduras
Phone: (504) 2694241 - (504) 2694240

Company Profile

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Oct 20)
Brent Crude Oil
42.81
Coffee "C"
109.45
Gold
1,899
Silver
24.659