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Walmart and Gessa ask Coprocom to revoke blockade of purchase

Walmart and the Grupo Empresarial de Supermercados S. A. (Gessa) filed, separately, an appeal to the Comisión para la Promoción de la Competencia (Coprocom) - anticompetition commission - to allow Walmart's purchase of Perimercados, Súper Compro and Saretto supermarkets. The filing was made on Monday...

Walmart Blocked From Purchase Of Competition

Costa Rica’s competition regulator considers the merger would generate risks, giving Walmart "even more market power"

And so the Americanization of Costa Rica continues

Rico's TICO BULL - The Americanization of Costa Rica started a decade ago. Perhaps more. Intensified in the last five years, as the country goes America First more and more every day. I remember the day when Hypermas came on the scene. Then it was...

Offensive Against a Giant. Group Trying To Stop Walmart

In Costa Rica, a group of cooperatives, associations, and companies are evaluating presenting a purchase offer for the supermarket chain Gessa, in order to try to stop Walmart from making the acquisition. Elfinancierocr.com announced that a group, led by the Cámara Nacional de Economía Social...

20 Scams and Sneaky Tricks at Costa Rica Supermarkets

You try your best to save a few colones every time you hit the supermarket, but you’re probably still spending more than you should. Thanks to the psychological tricks of manufacturers and retailers you’re likely getting cheated - or at least manipulated into spending...

Walmart Announces Purchase of Perimercados, Super Compro, and Saretto

Pending approval from regulating authorities, Walmart announced Thursday the purchase Perimercados, Super Compro and Saretto stores from Grupo Empresarial de Supermercados (Gessa). Once authorization is received from the Comisión para la Promoción de la Competencia (Coprocom) - Commission for the Promotion of Competition of the Ministry...

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...

Walmart Reinvents The Supermarket For The Region

Walmart de México y Centroamérica presented what is described as an "omnicanal" supermarket, a radical shake-up that combines regular shopping with internet purchases and drive-thru areas. The first omnicanal store has been unveiled on the outskirts of Mexico City but the model will be copied...

Another Ruling in Favor of Protectionism, Sala IV Ratifies Ban On Rice Promotions

  In Costa Rica, the Constitutional Court or Sala IV has rejected an appeal of unconstitutionality against the prohibition imposed by the Ministry of Economy, Industry and Commerce (MEIC) on carrying out promotions in the rice retail trade in the country. Rice is the grain product...

Walmart Opens In Guanacaste

QCR - Walmart last Friday, July 14, opened its 10th store in the country, located in the city of Liberia, Guanacaste. Store number 10 is also the first outside the Central Valley or Greater Metropolitan Area (GAM). Located a couple of blocks west of the...

Costa Rica Pig Farmers Denounce Anti-competitive Practices

In Costa Rica, the pig farmers' association has filed a complaint alleging that importers such as Walmart, Cargill and Sigma Alimentos are manipulating pork prices in the local market. The Costa Rican Chamber of Porculturists (Caporc) filed a complaint with the Consumer Protection and Advocacy...

Guanacaste Becomes A Magnet For Supermarkets in Costa Rica

Q COSTA RICA  - The arrival of large numbers of tourists in Guanacaste is one of the factors supermarket chains have been increasing their presence in the province. It was not long ago that supermarkets like Automercado, Supercrompro and Megasuper were not found in Guanacaste....

Costa Rica Toy Imports Up 12% Annually

Q COSTA RICA NEWS - In the last six years imports have grown at an annual rate of 12%. Greater sophistication in the consumption of these products, more demands than before in terms of quality and brands, are some of the reasons for increased...

Walmart Has It’s “Lowest Prices of the Year Day” Today With Discounts Up To 60%

(QCOSTARICA) If you have you been putting off Christmas shopping, today, Friday, November 4, is your day, as Walmart has its "lowest prices of the year day" today, with some 3,500 items with up to 60% off regular prices. Yes, Virginia, Christmas shopping comes early...

Costa Rica Supermarket Merchandising Practices

(QBLOGS) I don’t think anyone would disagree, that the two top supermarket chains in Costa Rica are AutoMercado and Mas x Menos (Walmart), both as to overall quality and selection, especially when it comes to imported goods. I’m sure that their owner/managers have visited similar...

Looking For Work? Ojo, Jobs Are All Around You.

(QCOSTARICA) Good news for those looking for work, a series of job fairs and opportunities like the soon-to-open City Mall in Alajuela, is flooding the market with thousands of job offers. At Amazon, the company is looking to fill 400 jobs that include human resources,...

Saretto Is Back!

(TICO BULL) The Saretto supermarket in Escazú has undergone an overhaul, renewing its image, giving its customers with a new shopping experience. The store, located 300 metres east of Walmart, was once the premier supermarkets for foreigners in San José's west end, offering up a...

Walmart Announces It Will Be Investing US$100 Million Dollars in Costa Rica This Year

(QCOSTARICA) -- Walmart Mexico and Central America announced that it will be investing US$100 million dollars in Costa Rica this year, that includes the opening of eight stores and remodeling and purchase of equipment at many existing locations. The announcement was made by senior vice-president...

Walmart Stopped Dumping Wastewater into Lagarto River

QCOSTARICA (by Roberto Acuña Ávalos, Vozdeguanacaste) - Since February, the Pali supermarket chain, owned and operated by Walmart in Costa Rica, stopped dumping treated water into the Lagarto River and now will be using the water to irrigate a garden located behind the warehouse. The...

“Outlet” and “Off-Price” Formats Growing in Costa Rica

QCOSTARICA - "Outlets" an "Off-Price" shopping is growing Costa Rica, retailers cashing in on passing 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,...

Mayca Wholesale Supermarkets Expanding

QCOSTARIA - The chain of wholesale supermarkets Mayca has started operations in a new facility in Costa Rica's capital city, San José and is preparing for the opening of another one in Ciudad Quesada (San Carlos), outside the Greater Metropolitan Area. The newly opened self-service...

Costa Rica: Walmart And Credomatic Offer New Credit Card Product

From Tuesday, Walmart of Mexico and Central America and Credomatic are offering their customers a new credit card product. "Walmart American Express de Credomatic" provides benefits ranging from the accumulation of daily savings through the Walmart Cash program, including purchases made on installments. Customers accumulate...

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