After investing $17 million, Walmart opened a new store to the public on July 10, in the canton of San Pablo, province of Heredia.
This new location becomes the 14th store that the chain will operate under the Walmart format and for the operation of this supermarket, the company will hire 123 people, said the official statement.
In April, the Walmart chain invested nearly $8.5 million in the construction and opening of four new stores in Costa Rica.
The company reported that three sales points operate under the Pali format and are located in Ipis de Goicoechea, Guayabo de Bagaces and Dulce Nombre de Cartago. The other establishment operates under the brand Maxi Pali and is located in Los Guido, Desamparados.
Glovo, a company dedicated to home delivery, opened its first digital supermarket in the country, through which it will serve its customers located in San Jose.
The company reported that the supermarket will be available in the application already accessed by its customers and said the plan is that in the coming weeks will increase the number of products available.
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.
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.
The growing influx of tourists in Guanacaste is one of the factors that is encouraging supermarket chains to increase the number of branches in the province.
The growing influx of international tourists to beaches in Guanacaste has increased the attractiveness of the province for the commercial sector, particularly supermarkets.According to Elfinancierocr.com,"...Super Compro (owned by Gessa) has 23 stores in Guanacaste, which makes it the chain with the most stores in the province, followed by Palí (Walmart) with 13 and Megasuper with 7."
The president of one of the largest supermarket chains in Costa Rica speaks about investments and the bureaucratic obstacles the sector has to deal with.
An article on Nacion.com contains quotes by Guillermo Alonso, president of Auto Mercado, who announced the investments to be made by the company in the coming years, noting that "... The truth is that we would like to go faster, but the block is the government and red tape that has left the company's growth plans stranded."
Walmart has announced that in the remainder of the year it will be investing in 25 new stores of various formats and remodeling others in Guatemala, Honduras, El Salvador, Nicaragua and Costa Rica.
From a statement issued by Walmart Mexico and Central America:
Walmart Mexico and Central America will be investing during 2015 about $264.7 million in the construction and remodeling of stores in Guatemala, Honduras, El Salvador, Nicaragua and Costa Rica.
The chain of wholesale supermarkets Mayca has started operations in a new facility in the capital and is preparing for the opening of another one in Ciudad Quesada, outside the Greater Metropolitan Area.
The newly opened self-service store measures 432 square meters and is situated opposite the National Children's Hospital in San Jose. In relation to the store in Ciudad Quesada, San Carlos, there is still no definite date for its opening.
An average of 20% annual increase in sales has been reported by companies specializing in the distribution of food and beverages in bulk.
The market of wholesalesupermarkets in Costa Rica continues to grow, mainly driven by the opening in recent years of convenience stores, bakeries, 'sodas' (small low end restaurants), restaurants and hotels. Some establishments have reported an average annual growth of 20% in sales.
The store chain for members only has opened its sixth location in the country, with an area of 21 thousand square meters.
This is the 18th branch of PriceSmart in Central America and the largest of all that have been established in Costa Rica. The property comprises of two levels and a parking lot for 320 vehicles.
Ongoing and projected investments indicate that there is still room for small and medium enterprises.
Small and medium sized supermarket chains are expanding in the greater metropolitan area.
One example is Super Mora, a mini chain of supermarkets from Puriscal which in 2014 will be expanding into Santa Ana, where there are plans to invest $3.7 million in the construction of a 7000 m² square which will include a main supermarket, commercial stores and parking areas. Super Mora is known to be competing with Auto Mercado, which recently opened a 2,600 m² store in Escazu.
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. ).
There has been increased business and new locations opening up, for products and services related to health and personal care.
In Costa Rica, the company Locatel, founded on capital from Colombia, Venezuela and Costa Rica has invested around $3 million in opening its first outlet in the Momentum Pinares Mall in Curridabat.
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