The cite exchange rate problems and import restrictions imposed by this government. Sodimac, the DIY centre is part of the same group and may also go.
Not good news what with Latam having gone as well.
Falabella wants to leave Argentina
There are 10 replies in this Thread which has previously been viewed 2,062 times. The latest Post () was by Splinter.
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Not good news at all. The exchange rate added to the inevitable inflation are a commerce killer. Is anyone reading any real suggestions for pulling the economy out of its tailspin?
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There are likely to be a lot more casualties before the Pandemic is over...
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It looks like the first Falabella to close is my local one at Tortugas Mall.
I always found it to be a decent retailer with moderate prices.
Bought a kettle and a toaster just before the lockdown
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Yes, I always liked them. There really isn’t anyone in second place, is there?
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Not an exhaustive list , but thats what I can see so far.
How many more will be added before the end of this year?
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One positive note for people in or near CABA: we had email from our friend and waiter at Don Julio, which definitely HAS opened for outdoor dining, even in this cold season, and their demand is greater than the number of socially-distanced seats they have.
👍👍👍👍👍👍👍👍👍👍
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Here's an updated list
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Was nothing wrong with Falabella and it was often surprisingly affordable for branded clothes. It reminded me more of stores in other countries where you may have relatively cheap options (for example, 2 chinos for X amount of pesos) but those clothes would be of solid enough quality to use. I am accustomed to this in the UK, where if you do buy a sweater in Peacocks or something it will be a decent purchase and not fall apart after a week. So often here affordable clothes are of terrible quality.
The amount of airlines leaving Argentina is hugely problematic, it's going to make air travel from this country very expensive in the future. And, when you look at flights in and out in the future and you see a shorter list of flights it just makes the country feel more isolated.
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I have yet to receive confirmation of this:
Quote
La aerolínea Norwegian Airlines vendió en diciembre la operación de sus rutas nacionales a su competidora JetSmart, que también absorbió a su planta de empleados. La compañía noruega, así, dejó de volar a destinos nacionales bajo la modalidad low cost pero mantendrá vigente la ruta Buenos Aires-Londres.In December, the airline Norwegian Airlines sold the operation of its domestic routes to its competitor JetSmart, which also absorbed its staff. Thus, the Norwegian company stopped flying to national destinations under the low cost mode but will keep the Buenos Aires-London route in force.
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