Cuba: Cimex expands its network with two new dollar stores

The state-owned Cimex is expanding its network of stores with two new dollar-denominated stores in Sancti Spíritus, central Cuba. More details below.

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Last Friday, the Cimex corporation opened two new dollar stores in the province of Sancti Spíritus, specifically in Kilo 12 and Trinidad. According to reported Yoan Valladares González, director of Cimex in the province, said these stores will operate using the USD card sales model.

"We're going to start selling cards in USD and will also offer the option to top up classic cards in this currency. Later, we will market these cards ourselves to facilitate customer access," explained Valladares González.

The executive also noted that direct sales in dollars will only be possible once the requested funding is approved.

"These stores have a fund that we've already managed. Once we receive approval, we'll be able to enable direct sales in USD," he stated.

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Variety of products in the new CIMEX dollar stores

The new stores will focus primarily on food and hygiene products. However, they will also offer a wider range of items, including clothing and household appliances, said managers in this province.

Cimex already has three service center locations there that accept USD cards.

According to Valladares González, this model has been well received by customers.

He also emphasized that the ability to pay in cash in the future will benefit consumers by eliminating the need to reload cards.

Continuity of stores in MLC

The manager reaffirmed that the stores in MLC They will continue to operate normally, as reported on national television. "The merchandise we receive is destined for these stores, and they will continue to operate in that currency," he assured.

This measure is part of the partial dollarization of the Cuban economy.

 

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