How to be a Supplier to Supermarkets in CanadaThursday, May 26, 2016 The Canadian Trade Facilitation Office is organizing for the June 16 a webinar on the buying process used by Sobeys, the second largest chain of supermarkets in Canada. From a statement issued by PROCOMER: PriceSmart Expands in Costa RicaThursday, April 16, 2009 The chain will open a new outlet in the town of Alajuela next April 17. The opening of the supermarket will create 120 jobs. PriceSmart buys property in Panama and Costa RicaWednesday, October 1, 2008 The Company plans the construction of new PriceSmart Warehouse Clubs and the development of adjoining Commercial Centers. On September 24, 2008 PriceSmart acquired 13,162 square meters of real estate in Panama City, Panama, upon which the Company plans to construct and operate a new PriceSmart Warehouse Club. Typically, PriceSmart land requirements are approximately 20,000 square meters. Rica Foods pays fine and leaves AMEXFriday, January 9, 2009 The Costa Rican company has agreed for the Stock Exchange Commission to revoke its registration, resolving an accusation of financial fraud. In the elNuevoHerald.com it is reported that "Rica Foods, a poultry processor and feed producer based in Miami, and its former executive director resolved the case of financial fraud presented by the Stock Exchange Commission (SEC). Goya Foods seeks new food products from GuatemalaFriday, July 11, 2008 Raspberries, pitaya, and certain berries such as blackberries are among the Guatemala products being sought by Goya Foods, along with red and black beans. Luis Olarte, assistant director of purchasing for Goya, who is in Guatemala to attend Manufexport 2008, said he's looking for new products for the nostalgia market, to serve Guatemalans who now live in the United States. PriceSmart Invests $14 Million in PanamaFriday, April 9, 2010 The supermarket chain opened a new store in “Brisas del Golf”, Brisas, on Tocumen road. PriceSmart has now invested a total of $40 million in the country, where it has 70.000 subscribers. "Outlet" and "Off-Price" Formats in Costa RicaMonday, March 2, 2015 Description of the workings of the retail scheme for discounts, off-price and outlet formats, and expertise in selling products at low prices which are from previous seasons or have minor flaws. The objective of this marketing model is to pass on low prices to consumers and "... stay competitive in different retail segments in the country." This is the case of the Best Brands shop, which uses the off-price model, which has reported a growth of 10% in 2014, compared to the previous year. CABI Commodity Price Index IntroductionMonday, April 20, 2009 The CABI Commodity Price Index is an indicator of Guatemalan trade terms, composed of both local and international variables. They take the prices traded on the stock exchange for raw materials that are important to the trade balance and they are weighted based on their importance, according to official data from the Banguat. The most important components are coffee (exports) and oil and derivatives (imports). PriceSmart Invests $20 million in Costa RicaFriday, October 18, 2013 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. El Salvador: $3 million for Dairy PlantMonday, September 21, 2015 The company Rio Grande Foods has announced that it will be building a dairy plant in San Martin, in the department of San Salvador. The Salvadoran company founded in the United States and engaged in the manufacture and distribution of typical food products in Latin America, will build the production plant in San Martin, "... in the same area where it already operates its plant producing nostalgic food and powdered milk. " Pipasa negotiating to buy Nicaraguan company for $24 millionFriday, June 27, 2008 The Costa Rican company Pipasa, owned by Rica Foods, has signed a non-binding letter of intent to buy Industrias Avícolas Integradas S.A. (Indavinsa) of Nicaragua. Indavinsa is a producer of poultry products and poultry feed concentrates. It has 17 farms and nine distribution centers. Costa Rican Investment in Colombian Food ChainMonday, March 5, 2012 Costa Rica’s Mesoamerica has acquired an 85% share of Colombian company OMA, a cafe and restaurant chain. Mesoamerica specializes in business structuring. Pineapple Providers Required in PanamaThursday, February 2, 2012 In early February, a high profile trade mission from a major North American fresh fruit company will visit Panama to establish commercial contacts with pineapple growers from Capira and Chiriqui. Sun Rich Fresh Foods, of Canadian origin, focuses on high quality fresh fruit products in different presentations. These products are experiencing great demand, so Sun Rich is looking for pineapple suppliers to back their expansion plans in Canada and the United States. Business: Big Data and Subscription ModelsWednesday, November 13, 2019 The business models operating under the concept of a subscription, such as Netflix, Amazon or even PriceSmart, can have great advantages over their competitors if they manage to properly manage the large volumes of data they handle. The payment of subscriptions is not only for modern online services, as retail companies apply it in the region, as is the case of the supermarket chain PriceSmart. Executive salaries rise 12.5% in PanamaTuesday, June 24, 2008 A survey carried out by PriceWaterhouseCoopers between April 2007 and May 2008 shows that executives have gotten average raises of 12.5 percent. The reason for the increase is the need for companies to attract and hold personnel in a growing economy. |
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