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.
After a $20 million global investment, Grupo Rey launched a meat processing plant and a cold and frozen distribution center.
By inaugurating two industrial plants, which together cover an area of 7,400 m2 and are in the capital, in the La Locería sector, the business group aims to improve production, distribution and supply processes.
In Panama, the owners of Grupo Rey agreed to sell 60% of the shares to Ecuador's Corporacion Favorita, a transaction that could cost $273 million.
The Share Acquisition Public Offer (OPA) launched by Corporacion Favorita was established at $8.58 per share, in which the Ecuadorian group committed to purchase 60% of the issued shares, for which it will acquire approximately 31.8 million shares.
Managua's restaurant trade association reports the closure of at least 700 fast food restaurants in recent months.
According to representatives of the Association of Restaurant Owners of Managua, due to the low levels of sales reported in recent months, at least 700 restaurants have closed their operations.
During the first five weeks of a strike called by public unions in Costa Rica, 76% of businesses reported economic losses and 18% had to lay off staff.
The Costa Rican Chamber of Commerce carried out a study with the objective of measuring the losses of companies in the sector, derived from the strike carried out by the country's public unions, which began last September 6th.
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.
Although the Sears store chain was declared bankrupt this week in the U.S., brand representatives in Guatemala announced renovations to its facilities.
Largely explained, because of the e-commerce boom, last Monday the U.S. store chain SearsRetail declared bankruptcy. However, representatives of the brand in Guatemala informed that by belonging to the franchise Sears Brands, its operations will not be affected in the country.
In the region there are about 15,000 lubrication centers, spare parts stores and auto mechanics workshops, and about 65% of the stores are in Costa Rica, Guatemala and Panama.
An analysis compiled by the Trade Intelligence area at CentralAmericaData provides interesting results on where and who are the stores that provide services related to the automotive sector in Central America.
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.
In the coming months the supermarket chain Walmart plans to build two new stores in Costa Rica, which will be located in Heredia and Pérez Zeledón.
According to the interactive information system "Construction in Central America" by CentralAmericaData, Corporación de Supermercados Unidos S.R.L. submitted two Environmental Impact Studies (EIA) to build new points of sale for the Walmart chain of stores.
Pricesmart has started construction of a new supermarket in the capital of the Dominican Republic, and its opening is expected for the first half of 2019.
With this new branch, which will have a sales area of almost 3 thousand m2the chain of stores will have its fifth establishment in the country. According to information from the developers, the supermarket will have two floors, an upper one which will include an area for vehicle parking and a ground floor for the store and other services.
In Costa Rica, 36% of grocery stores and retail outlets have card payment systems, and on average they sell 27% more than those that do not have the service.
The data, which was collected between April and July of this year and is part of a study conducted by Fundes, shows that 44% of these types of businesses have bank accounts and 83% of establishments have an internet connection.
In 100 days of political and social crisis in Nicaragua, entrepreneurs estimate that businesses dedicated to trade and services have lost earnings of $1 billion.
Representatives from the Chamber of Commerce and Services of Nicaragua (CCSN), reported that companies dedicated to trade projected that by 2018 they would reach sales of $2.3 billion, however, due to the crisis that has affected the different sectors of the economy that will be impossible.
In Costa Rica there are about 4,600 lubricant centers and auto mechanic workshops in operation, of which 24% are located in the cantons of San José, Alajuela and Cartago.
Analysis carried out by the Business Intelligence Unit at CentralAmericaData shows interesting results regarding the location of automotive workshops and lubrication centers in Costa Rica.
This property, located at only 0.9 miles (1.5 KM) or 2 minutes from highway 27 can be used to build: A hotel – Industrial complex - Houses – Offices – Storage/Ware houses – School - Hotel This is an exceptional opportunity for a commercial...
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,...
O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...
O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...
Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand. The OHNE brand has 8 product lines: square bread, sweet...
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