Appliances: The Crisis in the Sector Deepens and More Stores Close
The appliance and electronics sector in Argentina is facing a deepening crisis, marked by falling sales and increased credit delinquencies, leading to more store closures.
After the bankruptcy of Garbarino, its owner pointed at Alberto Fernández: "I tried to save a historic company that no one wanted to buy"
Carlos Rosales, the owner of Garbarino, criticized the Argentine government and its pandemic measures for his company's recent bankruptcy.
Garbarino went bankrupt: the owner of the chain explained the reasons and defended his management
Carlos Rosales, the owner of Garbarino, explained the reasons for the company's bankruptcy, attributing it to the pandemic and economic crisis while defending his management.
Justice declared the bankruptcy of Garbarino and the historical chain of appliances disappears
Garbarino, a historic appliance chain in Argentina, has been declared bankrupt by the national commercial court, leading to its final liquidation after years of financial struggles.