Wal-Mart Quick To Respond To Signs Of An Economic Up-Tick

February 2007 | Company Finance Alert

Retailers in Argentina have been having a difficult time of it lately, being all but obliged to maintain or cut prices under what the government calls bi-lateral 'agreements' between the private and public sectors. The first of these, back in December 2005, involved cutting prices on 250 items by at least 15%. In 2006, the government extended the number of items to over 1,000, via what were termed 'temporary arrangements'. The controls, however, have continued for longer than anticipated; in fact, we believe the Kirchner administration will stay with them until at least the end of

If you would like to subscribe to Americas Food and Drink Insight and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Americas Food and Drink Insight please click on the trial link below.