Panama's Las Delicias Duty Free aims for surge toward 50 percent growth
Panama's Las Delicias Duty Free, a drinks retailer, is aiming for 50 percent revenue growth in 2012 following a 38 percent growth in 2011.
The growth was due to successful diversification into new categories and an active expansion program across its land-based stores.
Its store-building program will next open beachfront store at La Miel, near the Colombian border, with further building to follow across the duty free group, which is also one of Panama’s leading ship chandlers.
Source: The Moodie Report