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 …

Gap Says “Hola” To Uruguay Malls & Duty Free Shops

When winter rolls around, the Gap pullover is one of the most ubiquitous garments of clothing seen on the streets of Buenos Aires. For locals, the three-letter hoodie is somewhat of a fashion statement telling others you’ve been to Bogota, Santiago or Aventura, the closest towns with Gap retail outlets…until now. San Francisco-based Gap Inc. is saying hello to Uruguay …