PriceSmart Invests $14 Million in Panama

The supermarket chain opened a new store in “Brisas del Golf”, Brisas, on Tocumen road.

Friday, April 9, 2010


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PriceSmart has now invested a total of $40 million in the country, where it has 70.000 subscribers.

José Luis Laparte, regional manager, expects the new store to sell 15% more than the one located at Los Pueblos mall, even though it is located close to two rival supermarkets.

More on this topic

PriceSmart Invests $20 million in Costa Rica

October 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.

Walmart Opens New Store in El Salvador

December 2011

With an investment of $4 million, the multinational has opened its first retail store under the 'Maxi Despensa' brand.

Located in San Marcos, the new facility has created approximately 40 jobs, and has 1,200 square feet and a parking area for 76 vehicles.

Walmart also announced that this month it is opening a ‘Despensa Familiar’ in Olocuilta, La Paz. This store will cost one million dollars and will generate 20 jobs.

Seven New Wal-Mart Stores in Guatemala

June 2010

With a $3.12 million investment, the multinational supermarket chain inaugurated the first of seven new stores planned for the second half of 2010.

Located at Mix Shopping Mall, in the City of San Cristóbal, the new facility has already created 91 jobs.

Marcio Cuevas, Wal-Mart corporate affairs manager, told Elperiodico.com.gt: “we’ll open seven new stores of our various brands (Supertiendas Paiz, Despensa Familiar, Maxi Bodega y ClubCo), in the second half of 2010”.

La Colonia Opens New Supermarket in Honduras

December 2011

With an investment of one million dollars, Supermarkets La Colonia, has opened store number 22 in Honduras.

Located in the Premier de Comayagüela Mall, the 1,500 square meter supermarket has generated 60 direct jobs and over 180 indirect jobs.

Latribuna.hn reported quoted Fernando Caceres, La Colonia’s marketing manager who said, "We are extending our services to all areas of our country, we invite all Honduran families in the area north of Tegucigalpa not to miss the amazing variety of national and international products that only La Colonia offers."

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