Quicentro shopping complex set to repeat success

SHOP TILL YOU DROP Quicentro Shopping is revitalizing the fortunes of Ecuador’s retail sector through its malls in Quito and Guayaquil.

The Quicentro shopping complex clearly demonstrates the importance of American influence in the country’s expanding retail business. Located in the heart of the Ecuadorian capital Quito, and with a contemporary design. Quicentro is one of the first grand scale commercial center to open in Latin America. Its unprecedented success has prompted the opening of a second mall-style development called San Marino in the pacific coastal port of Guayaquil, Ecuador’s second largest city.

“The commercial sector is now at a peak moment”, says Quicentro Shopping Director General Michel Deller, “and retail is ‘the’ business opportunity.” Retail opportunities are among Ecuador’s most lucrative business. Mr.Deller believes that now is the time to invest in bringing franchises and American concept stores to Ecuador, that not only will prove to be determine profitable, but also will establish brand loyalty and market share in Ecuador expanding economy.

MICHEL DELLER Director General of Quicentro Shopping

Quicentro is a modern shopping center comprised of 200 stores of local as well as international stores, some examples of the 60 international chains are Polo Ralph Laurent, Escada, Bally, Kenneth Cole, Tommy Hilfiger, Guess, Liz Claiborne, Diesel, Tower Records. In the food sector Quicentro Shopping boasts T.G.I. Fridays, Pizza Hut, Burger King, Taco Bell, Baskins Robins, Cinnabon, Sushi Itto, KFC, etc.

Quicentro is always looking for new international retail concepts. Success in Ecuador’s retail sector is there to be had. For foreign investors it is a bonus to note the low monthly operational expenses compared to the United States that make profit margins high.

Guayaquil offer opportunities equally as exciting as those to be found in Quito. “It’s an investor’s dream, ideal for commerce,” says Mr.Deller of the lively and impulsive coastal city of two million inhabitants. The project of San Marino shopping Center is expected to open fall 2003. Mr.Deller is excited with the national and international mix of retail and entertainment that plans to open. Joining as impressive line up of international franchises similar to those of Quicentro.