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[BUSINESS] · Argentina · 2 sources

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San Rafael faces commercial crisis amid rising closures

San Rafael is experiencing a growing commercial crisis, characterized by an increasing number of vacant storefronts and businesses announcing liquidation sales. In some areas, such as the Kilómetro Cero district, multiple shops have closed within a single block.

Luis Lucchessi, head of the Unión Empleados de Comercio (UEC), attributes this decline to shrinking sales, a lack of circulating currency, and rising operational costs. Consumers are reportedly prioritizing lower prices, switching to cheaper brands, and postponing non-essential spending due to reduced purchasing power.

Other contributing factors include the growth of e-commerce and competition from imported products. The UEC has also noted concerns regarding employment, reporting inquiries about layoffs and proposals to transition employees from formal dependency to independent contractor schemes.

Entities

Luis Lucchessi · San Rafael · Unión Empleados de Comercio