Retail Congress in Costa RicaTuesday, September 6, 2016 On October 26 and 27 retail company representatives will be meeting to discuss new trends in retail and collaboration with suppliers. The Trade event is being organized by the Chamber of Commerce of Costa Rica and the Latin American Association of Supermarkets, and will be held at the Intercontinental Real Hotel. Retail: Strategies for Attracting MillennialsMonday, April 15, 2019 Offering low prices, promotions and discounts similar to those found in U.S. stores, is part of the bet that AR Retail seeks to attract customers, especially millennial, in the Costa Rican clothing market. At the beginning of 2019, AR Retail, a company dedicated to the marketing of the brands GAP, Banana Republic and Old Navy, reported that it plans to invest $6.2 million over the next few years in the start-up of nine stores in the Greater Metropolitan Area.
BUSINESS INTELLIGENCE
What Business Questions Does Geospatial Data Answer?Friday, July 23, 2021 This data can be seen as pieces of a puzzle that, separately, do not provide much insight into an overall picture or solution. But when analyzed and visualized with data from any sector, valuable patterns, relationships and interactions emerge that can lead to better decision making and business innovations. Geospatial data is any type of data with a geographic component derived from satellite imagery.
BUSINESS INTELIGENCE
Footfall analytics for site selection strategiesTuesday, March 8, 2022 The secret to site selection in such a competitive market is based on the ability to analyze the right data and be able to understand and interpret the site selection strategies of nearby locations to stay ahead of their expansion plans and gain a competitive advantage. Where? This is the fundamental question that guides any site selection decision. Tools such as location intelligence and footfall analytics enable the aggregation, analysis and visualization of spatial data and bring significant advantages to the site selection process.
BUSINESS INTELLIGENCE
POI Analysis in the Retail SectorThursday, August 19, 2021 The analysis of mobile and geospatial data focused on points of interest has become vital for the efficiency of any business, as it allows to understand some important aspects that retailers need to ensure the success of their establishments. What are POIs? New Attempt to Sell Supermarket ChainThursday, December 12, 2019 Almost a year after Walmart's application to acquire Grupo Gessa's supermarket chain in Costa Rica was denied, a new agreement is now announced between Grupo Gessa and Grupo Empresarial de Retail S.A. In January of this year, it was reported that local authorities ratified their ruling against Walmart's request to buy supermarket chain Gessa, arguing that the transaction presented problems of eventual concentration.
BUSINESS INTELLIGENCE
Business Strategy: How to Leverage Geomarketing?Wednesday, August 18, 2021 Geomarketing improves decision making, defines and implements better strategic plans by combining georeferencing information of customers and points of sale. Geomarketing is a tool whose relevance has been increasing in the decision making process of companies, because in order to define and implement strategic plans, it is important to have access to accurate information on the areas of influence of investments. New Investments in Clothing StoresWednesday, January 30, 2019 In Costa Rica, AR Retail company plans to invest $6.2 million in the next few years to start up nine stores in the Greater Metropolitan Area. The company's plan to commercialize the brands GAP, Banana Republic and Old Navy, is to launch the first two stores in 2019, another three in 2020 and the remaining four in the following years.
INTELLIGENCE REPORT
Geospatial Data Applied to the Retail SectorTuesday, July 20, 2021 Geolocation intelligence is accurate contextual information about the location and movement of people anywhere in the world. The potential that this type of data has in the context of business decision making in the retail sector is invaluable. It includes demographic information about the retail outlets themselves, nearby businesses, competitor insights, customers, suppliers, among others. International Retail Fair in GuatemalaThursday, April 5, 2018 On September 26 and 27, 2018 companies from various sectors will be gathering together in Antigua to take part in business conferences and showcase different types of products. The event is being run by the Organizing Committee of Manufexport 2018, which is inviting small and medium-sized Guatemalan companies to be part of the SME pavilion, to participate in the international retail fair. Global Retail Development Index 2011Friday, June 10, 2011 Panama is located 27th in the list of emerging markets considered attractive for retail investment, according to the U.S. consulting firm AT Kearney. The Global Retail Development Index by HV Kearney lists the most attractive countries for retail investors. Supermarket Chain Sales AuthorizedWednesday, March 4, 2020 In Costa Rica, the sale of Grupo Gessa's supermarket chain, composed of 52 stores, to Grupo Empresarial de Retail S.A. was authorized. On December 12, 2019 the file for the sale of Grupo Empresarial de Supermercados S.A. was presented. (Gessa), owner of the chains of stores of the formats Peri, Súper Compro and Saretto, to Grupo Empresarial de Retail S.A. How to Boost Sales with Artificial IntelligenceTuesday, August 24, 2021 New data management methodologies now allow retailers to take advantage of even the smallest piece of information to generate valuable insights that help optimize their marketing and customer loyalty strategies.
Retail: Challenges of the On-Site ExperienceWednesday, July 1, 2020 Given the gradual return to physical stores, customers will appreciate it if businesses disinfect stores several times a day, if other visitors are required to clean their hands before entering, and if employees use protective equipment at all times. Although in this context of the spread of covid-19, digital channels have gained ground in Central American markets and this trend is expected to continue in the coming months and years, there are commercial establishments that will have to adjust their face-to-face sales strategy to the demands of the new normality, since there will always be customers who prefer to continue shopping in person. Positive Perspectives for Retail in NicaraguaWednesday, September 6, 2017 The Chamber of Commerce and Services plans to close 2017 with sales of about $2.2 billion, which would mean an increase of almost 7% over last year's sales. Data from the trade union indicates that in 2016 Nicaragua's formal trade recorded sales of $2.065 billion. |
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