Antad Partners Will Invest $3,600 Million Dollars

ANTAD partners will invest 3.600 million dollars




17/01/2011 22:54



Members of the National Association of Supermarkets and Department Stores (ANTAD) exercise resources 3.600 million in the opening of new stores, renovations and technology during 2011.





This investment will create over 35,000 jobs and will boost sales 2.6% this year, according to agency president, Vicente Yanez





On the other hand, the comparable sales increased 3.5% ANTAD the end of 2010, a figure considerably higher than projected by the agency earlier this year, which was 0.4%.





This growth to equal units (establishments with more than one year in operation) was supported by a rise of 11.4% of sales in department stores, 2% of supermarkets and 1.5 of the specialized.





Events like the World Cup, the Bicentennial, the promotional activity of the chains and the low comparison base of 2009, were instrumental in boosting sales growth last year, concluded the ANTAD. (Millennium / The Weekly)

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