Durango remains on the “waiting list” for franchises like Costco or H&B to set up shop in the state capital. Fernando Rosas Palafox, head of the Durango State Economic Development Secretariat (Sedeco), stated that the state is part of the company’s expansion plans, but the final decision does not rest with state authorities.
The central station and private land have been offered. They submit the locations to the states in their expansion committees. We have received positive responses, but only the company can truly give a 100% affirmative or negative response.
The state official indicated that within the working group that was initiated with Costco more than three years ago, they offered the Central Station, private land, and other areas as space for their establishment. However, there has been no negative or affirmative response that guarantees their establishment.
As I told you, I think it is important that you seek out Costco, or that we can provide you with direct contact. The thing is, these companies, as you know, have their processes. Fernando Rosas Palafox
Regarding the closure of businesses like Radio Shack and Applebee’s, Rosas Palafox did not describe these closures as worrisome, as the issue is multifactorial, and he emphasized that the state’s growth does not depend on the closures that have occurred.
“For us, the truth is, it’s not worrisome. The issue has many factors, some of which are very specific. I mean, whether they open or close, whether they modernize. Competition in Durango has grown, and there are establishments in Durango that I believe are in that comfort zone. A lot of supply has started to arrive, especially from local investment,” he said.
The official asserted that many local business owners have taken risks and established first-class establishments, while others have not sought to modernize, so he sees these recent business closures as a market factor rather than an economic one.
Source: oem
