• English
    • Español (Spanish)
Wednesday, December 3, 2025
Business Pulse
No Result
View All Result
No Result
View All Result
Business Pulse
No Result
View All Result
Home News Retail

Small stores in Cuban cities prosper

June 11, 2023 - Updated on October 14, 2024
in Retail
0
Small stores in Cuban cities prosper
0
SHARES
12
VIEWS
Share on FacebookShare on twitter

Small stores are increasingly popping up throughout Havana, many of them set up in homes or parking lots, as the private sector gains a foothold in Cuba’s cities.

Small businesses, which began licensing in 2021, are challenging companies run by a one-party state whose customer numbers are dwindling by the day as Cuba suffers from foreign currency shortages and high inflation amid the worst crisis. economy of the country in 30 years.

LEA TAMBIÉN

Mexican President Claudia Sheinbaum to Renew Agreement with Retailers to Curb Grocery Prices

MercadoLibre’s Expanding Credit Portfolio Pressures Profits, Shares Slip

From parking lots, balconies or small rented shops, Cubans sell everything from candy to meat and dairy products to groceries that have become difficult to find elsewhere.

“If you need something that you can’t find in the state stores, the small stores have everything you need,” said María Leonor, 73, a customer of these small stores.

After six decades of state monopoly on commercial activity, the government approved in August 2021 the license to establish small and medium-sized businesses, according to the French.

Next Post

Biden: It’s time for the rich to pay their fair share of taxes

Related Posts

Mexican President Claudia Sheinbaum to Renew Agreement with Retailers to Curb Grocery Prices
News

Mexican President Claudia Sheinbaum to Renew Agreement with Retailers to Curb Grocery Prices

November 11, 2024 - Updated on November 12, 2024
MercadoLibre’s Expanding Credit Portfolio Pressures Profits, Shares Slip
News

MercadoLibre’s Expanding Credit Portfolio Pressures Profits, Shares Slip

November 7, 2024
MercadoLibre Exceeds Expectations with an Increase in Profits in the Second Quarter
News

MercadoLibre Exceeds Expectations with an Increase in Profits in the Second Quarter

August 1, 2024 - Updated on October 14, 2024
Zamp, with the support of Mubadala Investment Company, will acquire the rights and operations of the Starbucks brand in Brazil
News

Zamp, with the support of Mubadala Investment Company, will acquire the rights and operations of the Starbucks brand in Brazil

June 6, 2024 - Updated on October 14, 2024
US consumer confidence remains stable amid economic uncertainty
News

US consumer confidence remains stable amid economic uncertainty

March 28, 2024 - Updated on October 14, 2024
Realities of retail trade: analysis of Argentina’s economic panorama
News

Realities of retail trade: analysis of Argentina’s economic panorama

March 4, 2024 - Updated on October 14, 2024
Next Post
Biden: It’s time for the rich to pay their fair share of taxes

Biden: It's time for the rich to pay their fair share of taxes

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NOTICIAS POPULARES

No Content Available

SELECCIÓN DEL EDITOR

Hedge Funds Remain Cautious as Wall Street Turns Optimistic on Brazil

Hedge Funds Remain Cautious as Wall Street Turns Optimistic on Brazil

September 18, 2024 - Updated on October 14, 2024
Argentina’s Country Risk Index Plummets Below 1,000 Basis Points Amid Economic Optimism

Argentina’s Country Risk Index Plummets Below 1,000 Basis Points Amid Economic Optimism

October 28, 2024 - Updated on October 29, 2024
Realities of retail trade: analysis of Argentina’s economic panorama

Realities of retail trade: analysis of Argentina’s economic panorama

March 4, 2024 - Updated on October 14, 2024
Mexico’s Economic Growth Set to Slow, IMF Warns of Risks

Mexico’s Economic Growth Set to Slow, IMF Warns of Risks

October 15, 2024 - Updated on October 16, 2024
Business Pulse

© 2023 Business Pulse

Browse site

follow us

No Result
View All Result

© 2023 Business Pulse

Este sitio web utiliza cookies. Si continúa utilizando este sitio web, está dando su consentimiento para que se utilicen cookies. Visite nuestra Política de Privacidad y Cookies.
  • Español (Spanish)
  • English