Argentines Now Paying 40% More At The Grocery Store

Patrick Archer competitiveness, lifestyle

Argentina finds itself alone atop a new regional ranking of Latin America…unfortunately this one is not for tourism growth or FIFA standings. Argentines are paying almost 40% more at the supermarket today compared to a year ago, the highest year-over-year increase for any country in the region. “Record Latino” is how Cronista summarizes the findings from Kantar Worldpanel’s report “Latin …

SuperBA: Buenos Aires Grocery Sector Attracts Foreign Investment

Patrick Archer buenos aires events, foreign investment, franchises, us companies

Business headlines this week in the Latin American supermarket space present a sharp contrast in the stability and predictability of investing in certain countries. France’s Groupe Casino operates supermarket chains in both Argentina and Venezuela under the banners Leader Price, Libertad, HiperCasa (in Argentina), Cada and Exito (in Venezuela). When Hugo Chavez devalued Venezuela”s bolivar 50% last week, he vowed …