In Costa Rica, the company Locatel, founded on capital from Colombia, Venezuela and Costa Rica has invested around $3 million in opening its first outlet in the Momentum Pinares Mall in Curridabat.
The company will offer the public medical equipment, hygiene and beauty products, nutritional products, and health services.
Alfonso Duque, director of the company, added to Elfinancierocr.com "Locatel is for anyone who wants to regain, retain or improve their health. Our idea is to have a one stop shop for all products and services related everyone’s health"
The Colombian company, Olímpica, owner of Megasúper, is to invest in remodelling its chain of stores.
Wálter Vega, Megasúper commercial vice-president, has stated that the company has already invested $20 million in improving 10 of its supermarkets and during the remainder of 2011 will target a further $10 million to revamp other stores.
As part of its expansion plan, Cemaco will open three new stores in 2011.
On March 18 it will open a new store at the Mall Flores del Lago.
Maria Fernanda Jaramillo, executive vice president of the company, told Prensa Libre that "an express format will be created by the middle of this year at the Avenida de las Américas, in area 13.... The expansion plan also includes opening a store on route to the Atlantic...".