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  3. The Argentine Economy

Carrefour selling up and moving out of Argentina!!

  • UK Man
  • July 17, 2025 at 8:46 AM

There are 4 replies in this Thread which has previously been viewed 984 times. The latest Post (July 17, 2025 at 11:40 AM) was by UK Man.

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    UK Man
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    • July 17, 2025 at 8:46 AM
    • #1

    Typical. Chivilcoy waited years to get one and now they're selling up according to news reports.

    Carrefour anunció su salida de la Argentina
    Se debate si se trata de un éxodo empresarial o de un caso aislado.
    www-diarionorte-com.translate.goog
  • Splinter
    Admin
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    • July 17, 2025 at 9:34 AM
    • #2
    Quote from UK Man

    Typical. Chivilcoy waited years to get one and now they're selling up according to news reports.

    https://www-diarionorte-com.translate.goog/307515-carrefo…&_x_tr_pto=wapp

    I read a similar story, but NOT that Carrefour is leaving, but the company was looking for a buyer for its Argentine operation.


    There's a list here of possible buyers.

    Un histórico supermercado confirmó que se irá de Argentina: ¿Cuáles son los dos posibles compradores?
    Tras cuatro décadas en el país, el gigante comercial inició un proceso de venta y varias empresas se mostraron interesadas en hacerse con todo el negocio o con…
    www.adnsur.com.ar

    A Brit In Buenos Aires

    Edited once, last by Splinter: Merged a post created by Splinter into this post. (July 17, 2025 at 9:40 AM).

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    UK Man
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    • July 17, 2025 at 10:02 AM
    • #3

    Can't say I blame them. It must be a nightmare operating anything in this country.

  • aficionado
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    • July 17, 2025 at 11:09 AM
    • #4

    That is some big news. Not encouraging for anyone expecting international companies to come and invest in Argentina.

    Quote

    Economics journalist Silvia Naishtat agrees: "Carrefour has become too big for a country that has become too small." The expert warns that the social situation has a decisive influence:

    "With a poverty rate of 30% and half the population struggling to make ends meet, Argentina is no longer an attractive market for many major brands."

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    UK Man
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    • July 17, 2025 at 11:40 AM
    • #5
    Quote from aficionado

    That is some big news. Not encouraging for anyone expecting international companies to come and invest in Argentina.

    Indeed.

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