BUSINESS SOLUTIONS
Mobility Data and Value for the Retail SectorFriday, June 18, 2021 Through the management of large volumes of data, it is possible to understand the pedestrian mobility of an area or city, and from this, predict the sales potential of a business according to its location and the characteristics of consumers who pass through the surrounding area. Currently, companies in the retail and mass consumption sector that have opted to develop "data driven" work teams have found in Business Intelligence and Geomarketing solutions a new way to understand the dynamics of their business models. Felix B. Maduro Gets Bought and Removed from Clinton ListFriday, November 18, 2016 Felix B. Maduro Group has been bought by FBM Retail Corp., a company whose leading shareholder is Grupo Arrocha of Panama, along with Grupo Diunsa and AF International Group Corp. From a statement issued by the Ministry of Economy and Finance in Guatemala: Retail Chain Announces Investment PlanThursday, October 18, 2018 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 Sears Retail 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. Business Mission to ChicagoWednesday, September 5, 2018 In Guatemala a trade mission to the US city is being organized for November 5 to 9 for export companies of fresh and manufactured products geared towards the retail segment. The Business Intelligence Unit at AGEXPORT's Market Development and Commercial Promotion Department is calling on entrepreneurs from the agricultural and manufacturing sectors to be part of the Commercial Mission to Chicago in the United States, from November 05 to November 2018. "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. Costa Rica: Expectations for Commercial Sector in 2016Tuesday, January 26, 2016 Projections for sectors such as retail, real estate and franchising anticipate a better year for entrepreneurs, provided that new taxes are not approved. The moderate expectations of entrepreneurs in Costa Rica in recent years took a positive spin at the beginning of 2016. However, the semblance of confidence is fragile, depending on the response of the government, particularly on fiscal issues, said Francisco Llobet, President of the Chamber of Commerce of Costa Rica to Elfinancierocr.com , when referring to the creation of new taxes. Food Sector Opportunities in MexicoTuesday, June 5, 2012 A study by the Costa Rican agency Procomer describes the retail channel in Mexico, major retail chains, various supermarket formats and the role of private brands. On 13 June, at an event jointly organized by PROCOMER and the Bank of Costa Rica, as part of a talk in the Ciclo de Conferencias 2012 from the lecture series Informes de Mercado, a study entitled: "Private brands in foods : The Case of Mexico " will be presented. More Retail Supply Outside of the CapitalMonday, November 5, 2012 In Costa Rica trade growth is evident not only in San Jose, but also in several inland cities which have recorded investment in local malls for offices and retail. The enterprises are smaller than those developed in the capital, usually involving investments not exceeding one million dollars. Retail: New Market ChallengesTuesday, July 23, 2019 Meeting the demands of consumers who increasingly seek responsibility in the production chain and balancing sales between physical and digital formats are part of the challenges faced by businesses in Panama. The CEO and president of Grupo Rey, Hernán Muntaner, points out that globally the sales of modern channels such as hypermarkets and supermarkets are decreasing, giving way to other forms such as online channels and discount stores. Wood Products: Business with PotentialThursday, July 25, 2019 Because wood is being demanded for different types of use, opportunities have been identified to design and manufacture several differentiated products with high marketing potential. According to Guatemalan businessmen in the sector, wood is no longer being used only for the manufacture of furniture or decoration of residences, but is also being demanded in corporate spaces such as offices and work environments, and in places such as retail stores, restaurants, hotels and hospitals. Nicaragua: Retail Trade to Grow 7% in 2018Wednesday, January 10, 2018 The union of merchants has reported a 7.6% increase in commercial activity in 2017, and expects closing this year with a 7% increase and sales of $2.3 billion. Figures from the Chamber of Commerce and Services of Nicaragua (CCSN) detail that commercial activity generated $2.184 billion during the year 2017, registering a growth of 6.9% compared to 2016. The estimate of growth of almost 7% for this year is based mainly on growth of formal employment and an increase in family remittances, according to the president of the CCSN, Rosendo Mayorga. New Corporate Center in Costa RicaMonday, November 18, 2019 Grupo Britt invested $7 million in the construction of its new 3,000-square-meter corporate center, located in the canton of Barva, in the province of Heredia. Managers of the business group, which has presence in 13 countries, reported that the new building houses the service centers of the companies Café Britt and Morpho Travel Retail.
BUSINESS INTELLIGENCE
Predictive Models Applied to the Retail SectorFriday, July 23, 2021 The use of big data and predictive models has become one of the greatest successes for the sector, thanks to these, it has been possible to take proactive measures based on real-time data and predict future trends. Using the right models and calculating historical data, it is possible to predict customer behavior, sales growth, changing consumer behaviors and/or market trends; helping retailers to stay ahead of the curve in order to compete effectively and gain considerable market share. It also enables leaders to set precise goals for their business. Retail: Restrictions eliminated in GuatemalaFriday, February 5, 2021 Arguing that the number of covid-19 cases decreased in recent days, the authorities decided that as of February 5, 2021, supermarkets, convenience stores, neighborhood stores, shopping centers and plazas, will be able to operate on a regular basis. According to Ministerial Agreement 08-2021 of the Ministry of Public Health, as of January 26, shopping centers and plazas, supermarkets, convenience stores and neighborhood stores, could develop their activities until 7:00 pm.
BUSINESS INTELLIGENCE
Branch expansion with predictive analyticsThursday, March 24, 2022 Predictive location, and foot traffic analytics reveal valuable information that helps retailers to choose the right location when setting up geographic expansion strategies. How are predictive analytics models used to determine the optimal location for a new facility? |
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