The Argentina Investment Report for April 5, 2016

Patrick Archer agribusiness, buenos aires events, competitiveness, foreign investment, franchises, lifestyle, real estate, uruguay, us companies

The Argentina Investment Report for April 5, 2016 By Patrick Archer MADRID – Only four years removed from Argentina’s expropriation of YPF under the Kirchner administration, Spanish companies are looking at Argentina with renewed optimism. This week executives from Abertis, BBVA, Gas Natural, Gestamp, Iberia, Mapfre, NH, and Santander traveled to Buenos Aires to participate in yesterday’s Argentina-Spain Business Forum at the Alvear Palace Hotel. …

Mexico’s Alsea Now Owns 100% Of Starbucks In Argentina

Patrick Archer foreign investment, franchises, lifestyle, real estate, us companies

Alsea, the largest operator of fast food, coffee shop and casual dining restaurants in Latin America, now owns 100% of Starbucks Coffee Argentina after acquiring the remaining 18% interest that it did not already own. The company made a similar move in Mexico earlier this year when it acquired the remaining 18% of Cafe Sirena, the Mexican company that operates …

With Mendoza Double Shot, Starbucks Hits 60 in Argentina

Patrick Archer foreign investment, lifestyle, us companies

Exactly six months after announcing plans to open the first Starbucks in Mendoza, the company is cutting the green ribbon on two new Mendoza locations this week: Mendoza Plaza Shopping and Palmares Open Mall. Yesterday’s Mendoza Plaza Shopping grand opening brought the number of Starbucks locations in Argentina to an even 60, while Friday’s Palmares debut will raise the total …

Double Shot: 300 New Starbucks Coming to Argentina, Mexico

Patrick Archer foreign investment, franchises, lifestyle, us companies

Since arriving three years ago, Starbucks has been opening new locations in Argentina at a rate of 12 per year. In fact, the company just opened the 36th location in Rosario reflecting the strategic shift of global brands to the country’s interior. Now, a new business plan should easily double the number of locations Starbucks opens in Argentina per year. …