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.
Walmart Mexico and Central America reported that the transaction was presented on July 19 to the Commission for the Promotion of Competition (Coprocom), which must evaluate and authorize it.
In Guatemala, construction has started on a new building that will house 70 commercial premises and will be located in the municipality of San Pedro Carchá, Alta Verapaz.
Integrity, the company in charge of the project, announced that the "Centro Gran Carchá" will be able to serve about 300 thousand visitors per month, and will have parking capacity for 270 vehicles.
Walmart El Salvador is investing $24 million in the construction of two new stores, which will be located in Antiguo Cuscatlán and Ahuachapán.
The supermarket chain reported that this year they are making investments in the construction of two new stores in the departments of La Libertad and Ahuchapán, and also carry out remodeling work in another existing sales point in the municipality of Santa Tecla.
Local and foreign companies share a growing market, driven by greater consumer sophistication, where quality coffee is demanded, and by the trends imposed by international brands.
The presence of coffee shops has been growing in the country, especially in the capital and in urban areas.International brands such as Starbucks and Juan Valdez compete with Salvadoran brands such as Coffee Cup.
The international restaurant franchise Tony Roma's has announced that it has decided to postpone the opening of its first restaurant in Nicaragua, due to the current situation in the country.
The company reported that due to the situation in the country, they have "... decided to postpone the opening indefinitely".
In Nicaragua, retail companies estimate that the damages caused to their facilities and inventory, together with the drop in consumption, have already generated losses of $70 million.
In the same vien as the situation reported by companies in the tourism sector days ago, the Chamber of Commerce and Services of Nicaragua (CCSN) has reported that due to the crisis affecting the country, entrepreneurs engaged in commercial activities have recorded losses of approximately $10 million in their facilities, $26 million in damage to their inventories and $35 million in damages to consumption.
In the region there are nearly 4,000 retail points of sale of hardware products, 45% of which are concentrated in Guatemala and Costa Rica.
Analysis by the Business Intelligence Unit at CentralAmericaData yields interesting results about hardware stores function and where they are located in Central American countries.
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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