Supermarket Chain Seeks Partner

In Costa Rica the Gessa chain wants to continue to expand its operations and in order to do so is evaluating potential partnerships with investors.

Monday, September 16, 2013

Elfinancierocr.com reports that " Grupo Empresarial de Supermercados (Gessa)-owner of the chains, Jumbo Supercompro, Perimercados, Saretto and Turribásicos- is evaluating the possibility of linking up with a strategic partner in the region to enable them to grow and strengthen its operations in the country. "

Meanwhile, Gessa "... continues to invest in remodeling premises, opening new ones, trying new brands in the Central Valley and relocating its distribution center. All in order to compete in an increasingly aggressive market. "



More on this topic

Supermarket Chain Purchase Stopped

December 2018

Arguing that there are risks that the economic agent will affect market prices, in Costa Rica the Commission for the Promotion of Competition denied Walmart the request to purchase the supermarket group Gessa.

Representatives of the Commission for the Promotion of Competition (Coprocom) informed that the decision was taken unanimously on December 4th and the parties were notified the following day.

Offensive Against a Giant

August 2018

In Costa Rica a group of cooperatives, associations and companies are considering to present a purchase offer for the supermarket chain Gessa, in order to try to stop Walmart from making the acquisition.

Elfinancierocr.com announced that a group of companies, cooperatives and associations, led by the National Chamber of Social Solidarity Economy, is working on a proposal to present to the owners of Grupo Empresarial de Supermercados (Gessa). At the end of last month, Walmart announced that it had filed with the Commission for the Promotion of Competition (Coprocom), a proposal to acquire the supermarket chains Perimercados, Súper Compro and the Saretto store, which currently belong to Gessa.

Rise of Prepared Meals in Costa Rica

August 2013

The supply of ready made meals in supermarkets and convenience stores is growing at the same rate as consumer demand.

"Current labor demands, stress, the global crisis, security and the limited time available are some of the causes of these changes," said Christian Morales, commercial manager of Grupo Gessa (a conglomerate operating the supermarkets , Perimercados, Jumbo, Super Compro, Turribásicos and Saretto).

Fierce Competition Between Supermarkets

March 2012

Certain chains are drowning out competition by making huge investments in opening new stores or by buying up other businesses in Costa Rica.

Gessa - owner of Peri, Jumbo, and Supercompro- announced this week its acquisition of Saretto supermarket, located in Escazu. The goal: to break into the premium products segment (gourmet imported), Saretto’s strong point, Guillermo Aguilar, general manager of the corporation, said to Nacion.com.

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