Express Boom Rapidly Changing Buenos Aires Supermarket Landscape

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

Hundreds of Asian-owned Buenos Aires supermarkets are closing¬†now that multinational giants like Carrefour and Walmart are blanketing BA barrios with their own “express” markets. “Around 400 super chinos closed last year alone and 1,100 jobs disappeared. The expansion of the large chains under the express model siphoned off a lot of our customers which hurt the profitability of our business,” …

Former Escada Boutique To Become A Chinese Grocery

Patrick Archer buenos aires events, culture, foreign investment, lifestyle, real estate

The new Spring/Summer collections were recently unveiled at Buenos Aires Fashion Week, but one prominent German designers’ former Recoleta digs will have a decidedly more pedestrian look and feel for 2013. Like Zegna, Hermes, Ralph and Louis; Munich-based Escada pulled out of Buenos Aires earlier this year leaving a prime boutique at Alvear 1444 vacant and available for aspiring fashionistas …