Shopping Centers Today is the news magazine of the International Council of Shopping Centers (ICSC)
Issue link: https://sct.epubxp.com/i/122387
Doit: 426 stores anD growing BiG Money PRivate equity funds aRe sPeeding the gRowth of Latin aMeRica's RetaiLeRs T By María Bird Picó he Do it jewelry store is not unlike any other successful family-owned business, except that last year the Peruvian company opened 100 stores. not many family businesses can pull off such a feat in one year, but Doit has a mighty business partner: a private equity fund that has for four years helped accelerate its growth and that of its sister chains. Doit now operates 426 stores in Peru, Chile, Colombia, ecuador and Venezuela. a growing number of retailers are profiting from the attention that domestic and foreign private equity funds are paying to latin america. as partners, these firms provide not just capital but also experienced 232 SC T / M a y 2 0 1 3