Alsea will invest MXP$800 million this year
Mexico City,- Alsea will take back their expansion program this year: they will invest MXP$800 million to open 59 new units in all the countries where they operate, of which almost 60% are Starbucks coffee shops and they remain open to new acquisitions.
Jose Rivera Rio Rocha, Alsea Chief Corporate Management and Finances Officer, informed this in an interview and explained that they are forecasting a rebound in 2010, even though “nothing to celebrate yet”. This is due to the fact that last January and February they still posted figures that compare below those in the first two months of 2009.
He explained that openings to take place this year are twice as much as last year’s, with twice as much investment too. As a matter of fact, they closed last year with 23 new units in net figures, because they closed and relocated some restaurants.
Mexico City,- Alsea will take back their expansion program this year: they will invest MXP$800 million to open 59 new units in all the countries where they operate, of which almost 60% are Starbucks coffee shops and they remain open to new acquisitions.Jose Rivera Rio Rocha, Alsea Chief Corporate Management and Finances Officer, informed this in an interview and explained that they are forecasting a rebound in 2010, even though “nothing to celebrate yet”. This is due to the fact that last January and February they still posted figures that compare below those in the first two months of 2009.
He explained that openings to take place this year are twice as much as last year’s, with twice as much investment too. As a matter of fact, they closed last year with 23 new units in net figures, because they closed and relocated some restaurants.
Source: BASE - 04 March 2010
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10 September 2010
