Mobility data analytics are transforming the way commercial strategies are defined in the retail business, and supermarket chains are no exception.
Understanding what consumers think, what they want and what they do is critical for companies in the retail sector. This is where Big Data tools play an important role, as it is possible to measure the affluence at a location and customer behavior, among other aspects.
Locating customers and estimating their potential consumption, choosing strategic locations for distribution points and calculating product delivery times are some of the tasks that occupy companies in this context of changing consumption patterns.
Many of the changes in purchasing patterns resulting from the crisis generated by the Covid-19 virus in the region will not be temporary; several of them are here to stay.
On September 6, Central American companies from different sectors will meeting in San Pedro Sula to take part in business meetings with potential clients.
The event is being organized by the Chamber of Commerce and Industries of Cortés, and will be held at the Felipe Arguello Convention Center of Expocentro.
Raiza Hernández, coordinator of the business conference, informed Laprensa.hn that "...
The Costa Rican company has announced it will be opening five stores in Guayaquil airport and has signed contracts to operate at air terminals in Guatemala City and Montevideo and Punta del Este in Uruguay.
For the expansion of its operations, Grupo Britt has invested about $5 million, which will come from both equity and bank financing. Including these projects, there will be 13 countries where the company operates.
While firms are losing competitiveness by transporting goods only during daylight hours and spending thousands of dollars on private security, regional bodies are writing in their brochures "borders open 24 hours a day."
The inability to move at night time due to attacks by organized criminals on the roads in the region affects not only businesses but the entire transport chain.
Product distribution companies in the North of Central America are paying monthly installments of $100 per truck to organized criminal groups.
Far from declining, the cost and problems caused by extortion for companies in Central America, continue to rise and is harming regional trade. In Honduras alone, Eleconomista.net reported, "... between 2012 and 2013 some 18,000 businesses closed because of pressures from gang members and consequently some 72,000 direct jobs were lost."
In Nicaragua, Honduras and El Salvador large scale traders and exporters are leveraging the ability of small farmers assuring them market space.
For example, in Nicaragua, 228 dairy producers who are members of the Cooperative 'Cooperativa de Productores de Leche El Triunfo RL ' (Cooproleche) are no longer exposed to having to sell their product at any price .
Considering the advantages offered by the Trade Promotion Agreement, U.S. retail chains are evaluating the possibility of setting up operations in the canal country.
Among the factors attracting the attention of these companies are the presence a large number of American and Canadian retirees in the country, economic growth and the benefits of the Trade Promotion Agreement (TPA) in force with the United States (U.S. ).
After an investment of $70 million, Walmart has opened a 52,000 square meter distribution center in Costa Rica.
"The building has an area of 52,000 m² and its surface area is equivalent to 67 football fields according to the company, and is located in the industrial complex in Coyol in Alajuela", reported Nacion.com.
According to Julio Quevedo, vice president of logistics at Walmart, Mexico and Central America, the CEDI was planned taking into account the expected growth in the chain in Costa Rica over the next five years, though he could not reveal the figures as the the company is quoted on the Stock Exchange.
In preparation for his visit to the region, the U.S. president is meeting with business leaders who have a "significant presence" in Mexico and Central America.
According to the White House, the goal is to talk with employers, before his trip to the region next week, about "opportunities to expand U.S. trade with Mexico and Central America", with the goal of creating jobs and "reducing barriers to growth" in the region.
With almost a month to go before the start of Expocomer, 100% of the 14,000 square meters of the Atlapa Convention Center has already been sold.
So announced Raul Delvalle, president of the organizing committee, who said that in this version participants are expected from over 30 countries in America, Europe and Asia.
"Business appointments are being made for international exhibitors with whom we hope to exceed expectations in previous years.
U.S. authorities estimate that 80% of the drugs reaching the country pass through Central America and Mexico.
The transfer of illegal drugs from South America to the United States, through Central America is worth about $35 billion dollars a year, which is twice the GDP of Honduras, estimates the foreign minister of Honduras, Arturo Corrales.
The two new strategic partners have finalized a regional cooperation agreement on commerce and operations and will continue representing U.S. manufacturers.
The aim of the merger is for their customers to enjoy the benefits and advantages of the products and services as required by the respective markets.
The new domestic firms are called Distribuidora Cummins Centroamericana Honduras, S.
Generates business opportunities by linking supply and demand of goods and services between Central America and the rest of the world.
Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (506) 225 4786
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...