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Friday, January 29th, 2016  |  USD: Buy 531.29 / Sell 543.92
20 years

Costa Rica’s AutoMercado supermarket chain plans major expansion with 18 new stores

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(ICR Archive)

ICR BUSINESS NEWS BRIEF

December 3rd, 2015 (ICR News) High-end supermarket retailer, AutoMercado plans to invest US $72 million between 2016 and 2024 to open 18 new locations at a cost of US $4 million each, company president, Guillermo Alonso told reporters this week.

 

The company plans to open an average of two new locations per year, and each location will generate between 100 and 110 direct jobs in addition to a significant number of indirect jobs from contractors and suppliers that service the supermarket chain, Alonso said.  Alonso declined to say where the new supermarkets would be located.

 

The announcement was made as the company celebrated the 55th anniversary of the opening of its first location in San Jose.

 

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  • Frank

    So – where are the locations????

    • http://insidecostarica.com/ Timothy Williams

      They weren’t announced, unfortunately.

    • Yeims

      I would also like to know, especially if the expansion includes the southern region of the country.

  • Larry Worsham

    I’m not sure how they came up with the 100 new jobs for each market. When the Super Mercado opened in Tres Equis de Turrialba they never had more than a dozen people employed and that was for two shifts a day. Since that store was the only major supermarket between Siquirres and Turrialba it had a considerable clientele.

    The really nice thing about that particular store was that they purchased all their fruits and vegetables, along with their eggs, locally so everything was usually very fresh.

    Which reminds me, now that I no longer live in Costa Rica I really miss the ability to pay for the eggs by weight. In the U.S. the size of the product can be drastically different in each carton.

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