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,” …

Walmart Argentina Launches Virtual Shopping With New Smartphone App

Patrick Archer competitiveness, technology, us companies

The world’s largest retailer is rolling out a revolutionary app that might save you a trip to the store. According to Mercado, Walmart Argentina is launching the first mobile application that lets customers scan the barcodes of any product with their smartphone, check on the price and availability of merchandise at a local Walmart, and schedule home delivery or in-store …