Time to Cry for Argentina... Starbucks is Coming!
Not to worry, Buenos Aires will be safe. Although Starbucks is coming to Argentina it should be mentioned to people who have not yet seen BA that US brands are not as ubiquitous in Argentina as in Europe for example. Unless Starbucks is willing to sell coffee for less than 1 USD per cup they can only grow so much, domestic competition should keep them honest and with a small footprint in the country. You can guess where the stores will be... major US hotels, large office buildings, airports, Recoleta, and other places where large amounts of gringos congregate.
We can only hope that young people in Argentina will stay away from the scourge we call Starbucks. *kidding* It seems every conversation I ever hear about saving for retirement that is directed to thirty-somethings always includes the obligatory advice to lay off $4 drinks everyday and invest that in a mutual fund. If only it were so easy!
Labels: Buenos Aires, Business, Current Events, Food and Wine