In Guatemala the population with the highest average income shows interest in items to renovate spaces in the home and garden products.
An analysis of consumer interests and preferences in Guatemala, prepared by the Trade Intelligence Unit of CentralAmericaData, provides interesting results on the characteristics and people who show interest in household items.
Since the end of 2019, a new online store began operating in the country, offering nearly 50 thousand imported products and more than 600 brands.
Founders of the new store called "Guatique.com" reported that it is catalogued as a department store and offers fashion, beauty, toys, leisure and technology products.
The chain of department stores that had a branch in the Panamanian market, announced that since January 12 it stopped operating in the country.
The company made the announcement official on the morning of January 11, but in its publication broadcast on social networks, no further details were given of the reasons that motivated the chain to withdraw from Panama.
In Costa Rica on November 9, the chain of stores El Rey plans to open a new store to the public that has an area of 2,700 square meters and is located in Guapiles.
Company executives informed that the new store has a new design and format of confectionery, which consists of providing a greater variety of products and more self-service options.
After making a strategic alliance with the firm Dollarama, the business conglomerate plans to open 225 new stores dedicated to the sale of home and office goods in El Salvador, Guatemala and Colombia.
It was reported that the Canadian company Dollarama reached an agreement to acquire a 50.1% stake in the chain of stores of Salvadoran origin Dollarcity, in a transaction estimated at $85 million to $95 million.
The chain of hardware stores EPA will open from July 4th its fourth sales point, which will be in a shopping center in Zone 10 of the country's capital.
The company reported that in its new store that will be in Rambla 10 Shopping Center, will offer more than 15 thousand items distributed in 27 categories related to construction.
In Costa Rica, the Gollo chain of stores invested $2 million in the opening of three new sales points in Guachipelín, Tibás and San José.
Representatives of the company dedicated to commercialize electrical appliances, furniture and other similar articles, informed that $1 million was invested in the operation of the store in Guachipelín, and in the stores in Tibás and San José, the investment totaled $500,000 each.
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.
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 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 the past 12 months, 165 environmental impact studies, valued at $350 million, were submitted for the development of shopping centers, supermarkets, department stores and other types of commercial buildings in the region.
Data from the interactive platform "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData:
The Costa Rican chain of stores Tiendas Universal inaugurated a 5 thousand square meter store in Managua, which will be offering 30,000 products for sale.
Elnuevodiario.com.ni reports that "...Roberto Federspiel, general manager of Universal stores, said on Friday in a presentation to the media that they decided to invest in Nicaragua in view of the good results that the country is achieving in its economic growth."
Almacenes Simán is evaluating real estate developments under construction and in shopping centers in San José and Heredia, in search of spaces in which to open two more stores in the country, in the short term.
The plan of the Salvadoran department store chain is to expand its presence beyond the two large stores operating in the Multiplaza shopping malls in Curridabat and Escazú.
The North American company Crate & Barrel announced that through a franchise $4 million will be invested in the opening of its first shop in the country dedicated to decoration and furniture.
The Chicago native firm will compete directly in the segment of furniture and decoration with companies such as Altea, Artistic, October 54 and Euromobilia.
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