Friday 19 April 2024

Opportunities for Supermarkets in Costa Rica

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18 April 2024 - At The Banks - Source: BCCR

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Small and medium sized supermarket chains are expanding in the greater metropolitan area.

Deli-Mart-Jose-Heredia-Flavia_ELFIMA20130801_0034_1One example is Super Mora, a mini chain of supermarkets from Puriscal which in 2014 will be expanding into Santa Ana, where there are plans to invest $3.7 million in the construction of a 7000 m² square which will include a main supermarket, commercial stores and parking areas. Super Mora is known to be competing with Auto Mercado, which recently opened a 2,600 m² store in Escazu.

Other shops of this type which are also growing are ASUN, Uscosa, Luperon, Coopeagri, and the convenience stores Deli Mart and Quickstop. “It’s an industry that is just beginning to unfold, there is still enough room for new competitors,” said Flavia Loeb, responsible for publicity and marketing at Deli Mart.

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“Data from the research firm Euromonitor International reveals that, in 2012, supermarkets generated $1.5951 billion in sales and convenience stores $78.7 million,” noted an article in Elfinancierocr.com.

Source: Central American Data and Elfinancierocr.com

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Q24N
Q24N is an aggregator of news for Latin America. Reports from Mexico to the tip of Chile and Caribbean are sourced for our readers to find all their Latin America news in one place.

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