China Overseas Chinese Network, June 3, according to the Argentine Chinese website, with the general uncertainty of the Argentine economy and concerns about health, the new coronary pneumonia epidemic has affected certain industries that previously appeared to be successful or expanding. One example is the Chinese supermarket: in just a few weeks after the outbreak, about 2,600 supermarkets were temporarily closed until later during the country’s isolation period to adapt to new sales conditions; however, as far as the above supermarkets are concerned, there are only Half of the merchants barely reopened.
Opinions from people in the Chinese supermarket industry believe that the industry is experiencing a disaster or will lead to a new wave of large-scale store closures in the next few months. Industry insiders predict that, as before, Chinese supermarkets will no longer exist at the stage of expansion to 13,000 nationwide. It is a general trend for supermarket owners to close stores and find jobs again.
A person in charge of a Chinese supermarket association said: "Countless jobs are being lost. We think that each Chinese supermarket can support 3 to 4 Chinese families, but at the same time, it also creates many indirect jobs. Nowadays, those who close the store have to add another Looking for income, most people try to become employees of other sales outlets. From shopkeepers to employees, to avoid unemployment."
The person in charge said: "Before the outbreak, the industry had been sluggish due to the decline in sales. The epidemic isolation has exacerbated this problem. The sales of most supermarkets have fallen by at least half. In addition, the tax bill always arrives on schedule. Ignore the pressure of rent. In this case, merchants have to face more than 500,000 debts every month, which leads to the closure of stores."
The person in charge also explained that in the face of difficulties in operating Chinese supermarkets, the bank not only refused to provide financial support but also caused difficulties in operating funds for owners who are still in business. "Most wholesalers do not accept bank transfers, but want to use cash. The owners of Chinese supermarkets are unable to use their own funds to pay for the goods. It feels that the bank has pushed the industry to the brink of bankruptcy. I don’t know how much there will be after the epidemic. Chinese supermarket can stand up again." (Huang Dong)