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Auto Mercado Rethinks Its Expansion Strategy In Light of the Country’s Slow Economic Growth

The planners at Auto Mercado drew up an expansion map for operations in Costa Rica that included the opening of at least six stores per year, from 2016 to 2024. However, what is planned does not always occur. "Sales have been low in everything that...

Britt To Invest US$4M in New Building For Its Morpho Travel Retail

Grupo Britt has announced it will invest US$4 million dollars for the construction of an office building for one of its new companies Morpho Travel Retail. The new building will be in Mercedes Norte de Heredia, where the company currently headquarters the Café & Chocolates...

TGI Friday’s Relaunches in Costa Rica With New Owners and Expansion Plans

Q BUSINESS - In a transaction whose amount was not disclosed, Costa Rica Grupo Inmobiliaria Genesis sold its international franchise for the restaurant chain TGI Friday's. The company that owns the franchise now is La 305 S.A., which has already started a process of remodeling...

CHEC Company Says It Can’t Build At A Loss

QCOSTARICA - Representatives of the Chinese construction company, CHEC, awarded the contract to expand the Ruta 32 (San José - Limon) road, says the work comes out at a higher cost than initially agreed with the government. "We want this road to be good for...

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