He retail sector would show positive prospects in 2025, according to a report from the Lima Chamber of Commerce (CCL). The Institute of Economics and Business Development (IEDEP) of the CCL projected that, in the summer season, sales during that season will grow in the order of 6%, due to the opening of new shopping centers.
The head of IEDEP, Óscar Chávez, highlighted Boulevard Puntamar, Parque La Molina and KM 40 of Jefferson Farfán among the new malls. He said that the expansion of existing malls and the opening of new branches of supermarket chains such as Tottus and Wong will also contribute to this growth.
“Added to this is an increase in demand for key items such as food, health, personal care, home equipment and entertainment. In addition, during the summer a growth of 5.1% is projected in the sale of furniture and household equipment, 6.5% in supermarkets and 4% in department stores,” commented Chávez.
Chávez added that the dynamism of the sector in the first quarter, the gradual recovery of private consumption, the diversification of sales formats, as well as the expansion of digital channels, will result in a 4% increase in modern trade sales.
Investments
The CCL also indicated that 2025 is presented as a year of significant investments in construction and modernization in the retail sector. He specified that Metropolitan Lima will continue to be the main focus of investment, with six new shopping centers, followed by La Libertad, with a project, which will represent a total investment of US$362.5 million.
The head of the IEDEP highlighted among the most notable the Cenco Mall in San Juan de Lurigancho, which will have a direct connection with the Los Jardines station on Line 1 of the Lima Metro. Although it is currently in the study phase, the projected investment amounts to US$230 million, according to the Association of Shopping Centers of Peru (ACCEP).
The economist indicated that, for the first time, the Rímac district joins the investment portfolio with the Strip Center Lomas Plaza project, which will have an investment of US$21 million and will offer new jobs and opportunities for entrepreneurs in the area. Other initiatives that also stand out are Eco Plaza Wilson (US$30 million) and Eco Plaza Chorrillos (US$20 million).
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