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Argentina’s Neighborhood Kioscos Drop Below 100,000 After 16,000 Close in a Year

Sales have plunged by around 40 percent over two years, forcing thousands of neighborhood kioscos to shut down.

Overview

  • Active formal kiosco registrations fell from 112,000 to 96,000 over the past 12 months, according to UKRA and ARCA data.
  • Operators say a prolonged recession has slashed consumer spending and driven shoppers toward cheaper brands.
  • NielsenIQ reports average ticket values have fallen 17 percent for beverages, 23 percent for sweets and 11 percent for biscuits.
  • Escalating rents and utility bills have squeezed profit margins, making many neighborhood kioscos financially unsustainable.
  • Growing informality has led some operators to sell from unregistered home or window fronts, creating tax-evading competition.