Offering low prices, promotions and discounts similar to those found in U.S. stores, is part of the bet that AR Retail seeks to attract customers, especially millennial, in the Costa Rican clothing market.
At the beginning of 2019, AR Retail, a company dedicated to the marketing of the brands GAP, Banana Republic and Old Navy, reported that it plans to invest $6.2 million over the next few years in the start-up of nine stores in the Greater Metropolitan Area.
The price control policy of the basic basket that has been implemented in Panama for some years is discouraging the local production of goods, since it is not profitable for companies to produce at a price lower than the balance price.
The measure to regulate the maximum retail prices of 22 products of the basic basket, began in 2014 and its validity has been renewed each semester, with its last extension in January of this year.
In an average day, six out of every ten people with the greatest purchasing power usually move within a 60-square-kilometer area in Guatemala's Metropolitan Zone.
An analysis of the floating population in the Metropolitan Area of Guatemala, developed by the Trade Intelligence Unit of CentralAmericaData, gives interesting results on the characteristics of the people who move daily through the streets of the area.
Traditional shopping centers must be reinvented to remain competitive, as globally consumers tend to spend more on experience than on products.
Although consumers look for experiences in the shopping centers they choose to make their purchases, the development of this concept is beginning in Central American countries.
Walmart plans to invest $48 million in Guatemala during 2019, of which $25 million will be used to open new stores and remodel existing ones.
According to information provided by representatives of Walmart, the investment projected for this year in the country will double that invested in 2018, since last year the amount disbursed totaled $24 million.
The Superintendence of Competition "authorized the request presented by Uno El Salvador S.A. de C.V. for the acquisition of two gas stations in Santa Ana and La Libertad."
From the Superintendence of Competition statement:
March 5, 2019.The Board of Directors of the Superintendence of Competition (CDSC) authorized the application filed by Uno El Salvador S.A. de C.V. for the acquisition of two gas stations in Santa Ana and La Libertad, owned by Alimentos Móviles, S.A. de C.V., and the lease for 20 years of the buildings containing these gas stations and their respective convenience stores.
It is predicted that "great growth opportunities for retailers and consumer brands, if they know how to exploit the information to meet the needs of current buyers.
From Procomer's article "Trends in e-commerce of mass consumption":
According to the report "E-Commerce in mass consumption", prepared by the consulting firm IRI, "the mass consumer market is ready for an online disruption", as new alliances are formed, and new distribution opportunities emerge. Antonio Khalaf, commercial director of IRI, says he is looking for " great growth opportunities for retailers and consumer brands, if they know how to exploit information to meet the needs of current buyers, who are younger, who expect an online experience, a good price, product choice and availability."
Authorities in Costa Rica confirmed their judgment against Walmart's request to buy the supermarket chain Gessa, ending the case through administrative channels.
At the beginning of December 2018, the Commission for the Promotion of Competition (Coprocom) denied Walmart the request to purchase the Gessa group. Days later, the two companies involved in the transaction filed two appeals to overturn the decision.
In Costa Rica, AR Retail company plans to invest $6.2 million in the next few years to start up nine stores in the Greater Metropolitan Area.
The company's plan to commercialize the brands GAP, Banana Republic and Old Navy, is to launch the first two stores in 2019, another three in 2020 and the remaining four in the following years.
On March 14 and 15, an international convention will be held in Panama City, focusing on issues related to the evolution of shopping centers in Latin America and the Caribbean.
The event called " 1st International Congress of Shopping Centers" is organized by the Panamanian Association of Shopping Centers (APACECOM) and aims to discuss issues related to the relevance of customer loyalty through knowledge and digital engagement, how to create successful stores from the perspective of visual merchandising, exploring the impact of shopping centers in intermediate cities, among others.
Walmart launched a new distribution center for vegetables, fruits, vegetables and grains in Coris, Cartago.
The company reported that the new distribution center has the capacity to serve 140 agricultural producers per day, is located on a 150,000 m2 lot and the construction area is 24.000 m2.
The measure initially defined as transitory, became permanent in Panama, since the beginning of the Varela administration has been extended nine times, leaving negative balances in some sectors.
Juan Carlos Varela will close his administration with a new extension of the controversial measure that regulates the prices of 22 products of the basic basket, affecting several sectors, including meat producers, who report economic losses.
Businessmen from the commercial sector in Costa Rica expect for the Christmas season a sales behavior like that seen during the Black Friday Weekend.
According to the Chamber of Commerce, the moderate growth of the commercial sector is the result of the uncertainty and economic slowdown that the country is going through, in addition to the increases in interest rates and the exchange rate.
In response to the brake placed by the Commission for the Promotion of Competition on the purchase of Gessa by Walmart, in Costa Rica both companies presented two independent appeals that seek to revoke the blockade of the transaction.
Last week, the Commission for the Promotion of Competition (Coprocom) denied Walmart the purchase request of the supermarket group Gessa, and just days later, on December 10th, the two companies participating in the transaction filed two appeals to overturn the judgment.
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...
español
3294