españolPriceSmart 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. 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. 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. Supermarkets: New Sales Point in PanamaThursday, October 24, 2019 After investing $17.5 million, PriceSmart opened a new branch in the nation's capital, located in the Metro Park shopping complex. The new supermarket is located on a 17,368 square meter lot, and has a construction area of 7,295 square meters, of which 4,577 are dedicated to the sales floor. Latin American Internal Trade GrowsMonday, March 16, 2009 In seeking to mitigate the effects of the crisis, the trade of goods is redirected, which means opportunities for logistics operators. Many Latin American companies are reacting to the global economic crisis by looking for markets that are geographically closer than the normal markets in Asia and Europe where demand has fallen drastically. The 200 biggest companies in Central AmericaMonday, November 3, 2008 They produce 28 percent of the GDP in the area. Their performance sets the pace for economic activity and industry trends. Mexican America Movil and Arkansas giant Wal-Mart are, without a doubt, the two biggest stars in the ranking, evidencing the significant activity in telecommunications and retail sales in the region. Tender: Fuel SupplyWednesday, August 19, 2015 The National Port Authority of Honduras is putting out to tender a supply of diesel and gasoline for ports. Honduras Government Purchase Pub 01-2015 Investment in New SupermarketFriday, August 3, 2018 Pricesmart has started construction of a new supermarket in the capital of the Dominican Republic, and its opening is expected for the first half of 2019. With this new branch, which will have a sales area of almost 3 thousand m2 the chain of stores will have its fifth establishment in the country. According to information from the developers, the supermarket will have two floors, an upper one which will include an area for vehicle parking and a ground floor for the store and other services. Costa Rica: Growth of the Wholesale Supermarket BusinessMonday, March 10, 2014 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 wholesale supermarkets 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 Unstoppable Rise of Iced TeaThursday, October 31, 2013 In Costa Rica sales generated by ready to drink tea rose from $14.6 million in 2007 to $39.2 million in 2012. Elfinancierocr.com reports: "Although it began as a business which imported sports drinks in 1994, Corporación Desinid found its main niches in the manufacture of iced tea for industry". The powdered version of the product allowed it to link up with large chains such as PriceSmart with a private brand name which drove this growth. |
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