Subway To Open New Argentina Franchise Every 72 Hours

Subway is conquering the Argentina fast food landscape one 15-centimeter sub at a time and planning a year-end marathon like no other in the history of Argentina franchises. The world’s largest restaurant operator will open a new Subway every 72 hours over the next two months in Argentina, according to Apertura’s Joaquin Garau. Most of the new locations will be …

Foreign Companies Leaving Argentina Across All Sectors

It’s one thing when the French maker of $500 shoes and $2,000 handbags leaves town citing an inability to compete and quite another thing when it’s a discount appliance retailer serving working class consumers with little or no credit. The retailer, Mexico’s Grupo Elektra, announced plans to leave Argentina with a press release citing “currency controls, import and export restrictions …

New Buquebus Does Buenos Aires To Montevideo In 2 Hours

Buquebus will christen the newest addition to its fleet tonight at 20:00 in Puerto Madero and, in the process, the Southern Cone finally gets its own Popemobile. Austarlian¬†wave piercing ferry builder Incat Tasmania built the new LNG-powered vessel over the past three years. It is the world’s first high-speed dual fuel vehicle and passenger ferry capable of traveling at 58.1 …

FranchiseBA: Palermo Cafe Brings 3D Printing To The Masses

A new Buenos Aires business is bringing 3D printing to the masses and a new franchise model which puts a more collaborative twist on the old cybercafe concept. The 3D Lab Fab & Cafe¬†opened this week in Palermo Soho (Costa Rica 5198) with the goal of offering a space where, according to the website, patrons can “have a coffee, spend …

Retail Elite: Uruguay Shoppers Spend The Most In Latin America

Consumers in Uruguay spend more per capita than shoppers in any other Latin American country, according to a new study from Euromonitor International. The report, which focused primarily on grocery store expenditures, found Uruguayans spent US$730 per capita in 2012 which is 61% more than the number two Latin American market, Chile, where consumers spent US$453. Uruguay shoppers left the …