PesoRama Announces Grand Opening of Store #25 on December 21st in Portal Centenario
PesoRama Inc (TSXV: PESO) announced the grand opening of its 25th JOi Dollar Plus store in Portal Centenario, México City, scheduled for December 21st. The new 413-square meter store is located in Álvaro Obregón, a municipality with approximately 759,137 inhabitants, situated 19.5 kilometers from Mexico City's center. The company will host a live stream of the ribbon-cutting ceremony on Instagram (@joi.dollar.plus) at 2:00 PM CDMX / 3:00 PM EST.
CEO Rahim Bhaloo emphasized that this milestone opening enhances their Mexican market expansion and accessibility, noting plans for additional locations in high-density customer areas to drive continued growth.
PesoRama Inc (TSXV: PESO) ha annunciato l'apertura ufficiale del suo 25° negozio JOi Dollar Plus a Portal Centenario, Città del Messico, prevista per il 21 dicembre. Il nuovo negozio, che si estende su una superficie di 413 metri quadrati, si trova ad Álvaro Obregón, un comune con circa 759.137 abitanti, situato a 19,5 chilometri dal centro di Città del Messico. L'azienda trasmetterà in diretta la cerimonia di inaugurazione su Instagram (@joi.dollar.plus) alle ore 14:00 CDMX / 15:00 EST.
Il CEO Rahim Bhaloo ha sottolineato che questa apertura rappresenta un passo fondamentale per l'espansione della loro presenza nel mercato messicano e per migliorare l'accessibilità, evidenziando i piani per ulteriori aperture in aree ad alta densità di clientela per stimolare una continua crescita.
PesoRama Inc (TSXV: PESO) anunció la gran apertura de su 25ª tienda JOi Dollar Plus en Portal Centenario, Ciudad de México, programada para el 21 de diciembre. La nueva tienda, que abarca 413 metros cuadrados, está ubicada en Álvaro Obregón, un municipio con aproximadamente 759,137 habitantes, situado a 19.5 kilómetros del centro de la Ciudad de México. La empresa realizará una transmisión en vivo de la ceremonia de corte de listón en Instagram (@joi.dollar.plus) a las 2:00 PM CDMX / 3:00 PM EST.
El CEO Rahim Bhaloo enfatizó que esta apertura representa un hito para la expansión de su mercado en México y la accesibilidad, destacando los planes para abrir más ubicaciones en áreas con alta densidad de clientes para impulsar un crecimiento continuo.
PesoRama Inc (TSXV: PESO)는 12월 21일 멕시코시티 포르탈 센텐나리오에 25번째 JOi Dollar Plus 매장의 개장을 발표했습니다. 새로운 매장은 413제곱미터의 크기를 자랑하며, 약 759,137명의 주민이 거주하는 알바로 오브레곤에 위치하고 있으며, 멕시코시티 중심에서 19.5킬로미터 떨어져 있습니다. 회사는 인스타그램(@joi.dollar.plus)에서 오후 2시 CDMX / 오후 3시 EST에 리본 커팅 세리머니를 생중계할 예정입니다.
CEO인 라힘 발루는 이번 개장이 멕시코 시장 확장과 접근성을 높이는 중요한 이정표임을 강조하며, 고객 밀집 지역에 추가 매장을 계획하고 있어 지속적인 성장을 촉진할 수 있을 것이라고 언급했습니다.
PesoRama Inc (TSXV: PESO) a annoncé l'inauguration de son 25e magasin JOi Dollar Plus à Portal Centenario, dans la ville de Mexico, prévue pour le 21 décembre. Le nouveau magasin s'étend sur une superficie de 413 mètres carrés et est situé à Álvaro Obregón, une municipalité d'environ 759.137 habitants, située à 19,5 kilomètres du centre de la ville de Mexico. L'entreprise diffusera en direct la cérémonie de coupe du ruban sur Instagram (@joi.dollar.plus) à 14h00 CDMX / 15h00 EST.
Le PDG Rahim Bhaloo a souligné que cette ouverture marque une étape importante dans l'expansion de leur marché mexicain et dans l'amélioration de l'accessibilité, notant des projets pour d'autres emplacements dans des zones à forte densité de clients afin de favoriser une croissance continue.
PesoRama Inc (TSXV: PESO) hat die grandiose Eröffnung seines 25. JOi Dollar Plus Geschäfts in Portal Centenario, Mexiko-Stadt, bekannt gegeben, die für den 21. Dezember geplant ist. Das neue Geschäft verfügt über eine Fläche von 413 Quadratmetern und befindet sich in Álvaro Obregón, einer Gemeinde mit etwa 759.137 Einwohnern, die 19,5 Kilometer vom Zentrum von Mexiko-Stadt entfernt liegt. Das Unternehmen wird die Eröffnungszeremonie live auf Instagram (@joi.dollar.plus) um 14:00 Uhr CDMX / 15:00 Uhr EST übertragen.
CEO Rahim Bhaloo betonte, dass diese Eröffnung einen bedeutenden Schritt für die Expansion und Zugänglichkeit des mexikanischen Marktes darstellt und wies auf Pläne für weitere Standorte in stark frequentierten Gebieten hin, um das kontinuierliche Wachstum voranzutreiben.
- Expansion milestone reached with 25th store opening
- Strategic location in densely populated area (759,137 inhabitants)
- Continued execution of growth strategy in Mexican market
- None.
A live stream of the ribbon cutting and new store opening celebration will be held on Saturday, December 21 at 2:00 PM CDMX / 3:00 PM EST on JOi's Instagram page: @joi.dollar.plus
Toronto, Ontario--(Newsfile Corp. - December 19, 2024) - PesoRama Inc. (TSXV: PESO) ("PesoRama" or the "Company"), a Canadian company operating dollar stores in Mexico under the JOi Dollar Plus brand, today announces the upcoming grand opening of store #25 on December 21st in Portal Centenario.
The 413-square meter site in Portal Centenario, Álvaro Obregón, México City. This municipality has a population of approximately 759,137 inhabitants. La Condesa store is located 19.5 kilometers from the center of Mexico City.
"The opening of our 25th JOi Dollar Plus Store in Mexico, bodes well for our overall expansion and provides greater accessibility to Mexican consumers who want to shop at our stores," said Rahim Bhaloo, Founder, CEO & Executive Chairman of PesoRama. "There are multiple new locations with a high density of potential customers, where we would like to open our stores to drive continued growth and success."
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Join Our Live Stream on Instagram!
A live stream of the ribbon cutting and new store opening celebration will be held on JOi's Instagram page on Saturday, December 21st at 2:00 PM CDMX / 3:00 PM EST. Join us in celebrating and follow along on Instagram: @joi.dollar.plus
About PesoRama Inc.
PesoRama, operating under the JOi Dollar Plus brand, is a Mexican value dollar store retailer. PesoRama launched operations in 2019 in Mexico City and the surrounding areas targeting high density, high traffic locations. PesoRama's 24 stores (25th store opening on December 21st ) offer consistent merchandise offerings which include items in the folloswing categories: household goods, pet supplies, seasonal products, party supplies, health and beauty, snack food items, confectionery and more. For more information visit: http://pesorama.ca.
For further information please contact:
Rahim Bhaloo
Founder, CEO & Executive Chairman
rahim@rahimbhaloo.com
416-816-3291
Cautionary Note
This press release contains "forward-looking information" within the meaning of applicable securities laws, including, among other things, statements regarding the Company's planned expansion, new store openings and expected future developments and other factors that have been considered appropriate. While the Company believes that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements, including due to changes in consumer behaviour, general economic factors, the ability of the Company to execute its strategies, the availability of capital and the risk factors which are discussed in greater detail in the "Risk Factors" section of the Company's prospectus dated January 31, 2022 and filed under the Company's profile on www.sedarplus.ca. The statements in this press release are made as of the date of this release. PesoRama undertakes no obligation to comment on analyses, expectations or statements made by third-parties in respect of PesoRama, its securities, or its financial or operating results (as applicable).
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/234579
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