Moderators Moderator_02 Posted January 15, 2020 Moderators Share Posted January 15, 2020 Quote Sanborns Closes Operations in Panama The chain of department stores that had a branch in the Panamanian market, announced that since January 12 it stopped operating in the country. Monday, January 13, 2020 The company made the announcement official on the morning of January 11, but in its publication broadcast on social networks, no further details were given of the reasons that motivated the chain to withdraw from Panama. You may be interested in "Geomarketing for Making Business Decisions" The closure of the chain's only warehouse, whose branch was in Multiplaza, is a reality after 13 years of being in the Panamanian market. According to the announcement, "... We want to thank you for your trust during all this time, but we regret to inform you that our store will be closed as of Sunday, January 12." Also see "Retail: Prices vs Location" Panamaamerica.com.pa reviews that "... Sanborns Group is now betting on Miniso until it reaches a total percentage of 33.27% of the capital stock of Miniso, which also has more than five branches in Panama. The Asian firm (Miniso) has a goal of opening another 200 stores in Mexico by 2023." Source: Panamaamerica.com.pa https://www.centralamericadata.com/en/article/main/Sanborns_Closes_Operations_in_Panama Quote Link to comment Share on other sites More sharing options...
Keith Woolford Posted January 15, 2020 Share Posted January 15, 2020 what was it? Quote Link to comment Share on other sites More sharing options...
JRWsaxman Posted January 15, 2020 Share Posted January 15, 2020 It was a department store in the lower level of Multiplaza Mall in Panama City. We shopped there several times when visiting the mall. 1 Quote Link to comment Share on other sites More sharing options...
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