Restaurants: Another Closing in Costa RicaTuesday, February 25, 2020 Tony Roma's decided to close its operations in the country as of January 17, adding to the recent restaurant closures that have been reported in recent months. According to signs placed at Tony Roma's restaurant in San Rafael de Escazu, the closure is due to a remodeling, however, according to letters given to the former workers, the reason for the dismissal is because of the closure of the business in the country. Fast Food and the New Commercial RealityWednesday, April 29, 2020 The installation of acrylic sheets in customer service windows and the distribution of work areas guaranteeing a meter of distance between employees are some of the measures that have been applied by fast food chains in Panama. Following the covid-19 outbreak, companies have faced health and safety challenges and have had to reinvent themselves in order to continue operating. Restaurants: Chain Restricting attentionTuesday, March 17, 2020 Because of the threat of the coronavirus, the McDonald's fast food chain announced that as of March 16 in El Salvador it will only serve in self-service stores and deliver to homes. Although no case of positive covid-19 has yet been reported in El Salvador, the chain decided to restrict its attention to the public, announcing that the measure will be taken indefinitely. Restaurant Chain Plans to Invest in the RegionFriday, January 10, 2020 The Pollo Campero chain announced that it plans to invest close to $14 million in the remodeling and installation of new restaurants in Guatemala, El Salvador and Mexico. Company executives said that investments in Guatemala and El Salvador will reach $13 million, and in the case of Mexico, approximately $700,000 will be disbursed. Fast food: More Investments for 2020Thursday, January 30, 2020 In Costa Rica, the Burger King restaurant chain announced that it plans to open three locations in San Jose, Heredia and Alajuela in the coming months. According to information from the company, the restaurants that will begin operating in the next two months will be located at Universidad Latina de San Pedro, Santo Domingo de Heredia and City Mall, Alajuela. Tender for Prepared Food SupplyFriday, October 18, 2019 The Ministry of Foreign Affairs of Guatemala tenders the supply of prepared food for Guatemalans returned by air, for the year 2020. Guatemala Government Purchase 11140011: Restaurants: New Competitor in Costa RicaTuesday, November 19, 2019 The U.S. restaurant chain Olive Garden plans to open its first restaurant in the country in July 2020, and for 2021 and 2022 it plans to open two more points of attention. The first location to be opened by the investment group AR Holdings, a member of Grupo Promerica, will be 450 square meters and will be in Escazu, and the estimated investment for this restaurant is $1.3 million. Tender for $10 Million in Prepared FoodsFriday, October 11, 2019 In Panama, a tender is held for the supply of food prepared for consumption by patients and staff of the Santo Tomás Hospital from September 1, 2020 to August 31, 2020. Panama Government Purchase 2019-0-12-14-08-LP-017264: Restaurants: Less Profits in the App EraWednesday, November 6, 2019 The growing tendency to order food from home through digital platforms is causing a decrease in business profits, as they must assume the cost of service delivery commissions and sometimes those of additional promotions offered by the applications. Digital applications such as Uber Eats, Hugo App, Go Pato, Glovo and Rappi, which offer in Costa Rica the service of home delivery of food and other items, have gained much popularity among consumers, so restaurants have had to adapt their internal processes to this new trend. Tender for Food in El SalvadorTuesday, July 16, 2019 The Social Security Institute tenders the supply of grains, cereals, pastas, breads, flours and miscellaneous, for the production of food for the centers of attention of the institution. El Salvador Government Purchase LP-102/2019-G: New Investment in RestaurantsMonday, June 10, 2019 In Guatemala, U.S. chain Denny's invested $2 million to open its second restaurant in a shopping mall in the municipality of Mixco. The restaurant chain, managed by the company of Honduran Origin Specialized Foods, began operations in the country at the end of 2017, with the opening of a store with capacity for 185 people in Zone 9 of Guatemala City. Prepared Foods: New Market TrendFriday, May 24, 2019 The growing preference for freshly prepared foods meeting the demands of health-conscious consumers explains the niche market that is developing in Costa Rica. Some of the companies which have found a niche market in the preparation of gourmet food specialized in the country, have emerged in response to the lack of time for people to cook and the need that several consumers have to meet the goals they define together with nutrition professionals.
CONSUMER STUDIES
What Kind of Food do Guatemalans Prefer?Tuesday, May 21, 2019 13% of consumers are interested in Japanese cuisine, and about 74% of them are between 15 and 30 years old, and have a high level of purchasing power. An analysis of consumer interests and preferences in Guatemala, compiled by CentralAmericaData's Trade Intelligence Unit, provides interesting results on the characteristics and people who express interest in cuisine and gastronomy from different countries and styles. [GRAFICA caption="Click to interact with graphics] Restaurants: Market Figures in El SalvadorMonday, April 1, 2019 It is estimated that in the country there are about 800 restaurants that employ approximately 26 thousand people, and together generate $710 million in annual revenues. The study carried out by the Universidad Tecnológica de El Salvador (UTEC) and the Asociación de Restaurantes de El Salvador (ARES), states that 82% of restaurants are in the central area of the country. Collaborative Economy: Business DiversifiesWednesday, March 6, 2019 With the aim of expanding the market, applications in Guatemala are no longer exclusively dedicated to food delivery, as they propose strategies with supermarkets, clothing stores, pharmacies and shoe stores. The companies participating in the Guatemalan market agree that there is a great demand for home delivery services, as the complicated transit situation in Guatemala City forces customers to seek alternatives. |
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