El Gallito stores close after 106 years in business; more than 200 employees dismissed
Business
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Business
178 views4

El Gallito stores close after 106 years in business; more than 200 employees dismissed

L. Arias - August 3, 2015

The iconic Costa Rican store Almacén El Gallito, which in recent years sold mostly party supplies and furniture, last Friday closed its seven locations in Costa Rica citing financial…

Franchise owner of Burger King in Costa Rica closes four restaurants
Business
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Business
333 views1

Franchise owner of Burger King in Costa Rica closes four restaurants

L. Arias - March 2, 2015

[caption id="attachment_59103" align="aligncenter" width="539"] (Via Burger King Costa Rica Facebook)[/caption] BK Centroamérica, the franchise owners of Burger King restaurants in Costa Rica, announced plans to close four of…

Incesa Standard closes manufacturing plant in Costa Rica, lays off 150 employees
Business
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Business
300 views1

Incesa Standard closes manufacturing plant in Costa Rica, lays off 150 employees

L. Arias - February 6, 2015

Kitchen and bath fixtures company Incesa Standard on Thursday evening confirmed the closing of its manufacturing operation in Costa Rica, which will be relocated to the company’s…

Another fast-food chain closes in Costa Rica
Business
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Business
274 views1

Another fast-food chain closes in Costa Rica

L. Arias - January 26, 2015

Last Saturday, the restaurant chain Bagelmen’s closed all of its locations in Costa Rica, laying off 110 employees. Signs on Saturday morning placed on the doors at all locations read: “We are…

San José business group including former fugitive Luis Milanés closes 103-year-old hotel and 2 casinos
Business
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Business
313 views2

San José business group including former fugitive Luis Milanés closes 103-year-old hotel and 2 casinos

L. Arias - November 20, 2014

Owners of San José's Europa Hotel & Casino and Hotel Radisson’s Casino – including the former head of the defunct "investment" scheme Savings Unlimited, Luis Milanés Tamayo, aka…

Tech support company Motif closes operations in Costa Rica, laying off 90 workers
Business
648 views
Business
648 views

Tech support company Motif closes operations in Costa Rica, laying off 90 workers

L. Arias - November 3, 2014

The U.S.-based company Motif last Friday announced the closure of its customer support call center in Heredia, north of the Costa Rican capital. The news was confirmed in a…

Faced with a $500,000 Caja debt, La Condesa Hotel closes, firing 140 workers
Business
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Business
381 views3

Faced with a $500,000 Caja debt, La Condesa Hotel closes, firing 140 workers

L. Arias - October 2, 2014

A ₡266 million ($498,000) debt with the Costa Rican Social Security System, or Caja, has prompted the indefinite closure of Heredia-based La Condesa Hotel. A staff of 140 employees…