The ICSC Blog

March 2, 2011
Comments Off

Retail development surges in Ecuador

By María Bird Picó When the Quicentro Sur mall opened in Quito, Ecuador, last September, the country’s biggest bank, Banco Pichincha, opened three high-tech, nonstaffed branches in it. The city’s tech-loving northern residents like them. Those in the southern neighborhoods, however, sulked. So the bank plans to open a staffed branch there this year. There…