All Chile articles
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GalleryIn pictures: The best Christmas window displays around the world
From Thailand to France to Venezuela, Retail Week takes a look at the festive windows of department stores from around the globe.
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NewsThe Body Shop to launch its first bricks-and-mortar store in Chile
The Body Shop will open its first store in “the most sustainable mall in Chile” this month as it bolsters its presence in Latin America.
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OpinionOpinion: Why UK retailers should be red hot for Chile
As the Rio Olympic Games put the spotlight on South America, what opportunities does Chile afford UK retail?
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Analysis
At a glance: Chile and Peru in profile as River Island enters South America
River Island has launched in Chile and Peru as it seeks growth opportunities in developing markets. Retail Week takes a look at the countries.
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NewsWaitrose taps into overseas demand for branded products
Waitrose is to build on the success of its own-label export business by selling products from brands including Cornish Sea Salt and Doves Farm Organic.
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AnalysisAnalysis: Is international retail interest in Chile hotting up?
As Waitrose inks a deal to supply products to Chilean grocer Unimarc, Retail Week explores the retail opportunities and challenges in one of South America’s most developed countries.
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News
Falabella's chief executive Juan Benavides Feliú to exit
Multi-format operator Falabella’s chief executive Juan Benavides Feliú is to step down. According to the retailer’s supervisory board, Feliú is to leave with “immediate effect”. No reasons for the exit were given.
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News
Cencosud to invest in South America with new store openings
Retail group Cencosud has revealed it will invest $731m (£483.8m) in South America this year, opening a total of 58 new stores with the aim of reaching sales of $22.5bn (£14.9bn) by the end of 2013.The retailer plans to increase its sales area by about 5%. The outlay represents a ...
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News
Walmart Latin America makes new appointment
Walmart has appointed Enrique Ostalé, president and chief executive of Walmart Chile, as executive vice-president, president and chief executive of Walmart Latin America.Based in Mexico City, Ostalé will assume his new role on March 1.
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News
Walmart announces plans to enter cash and carry market
Walmart has announced plans to enter the cash and carry business with the launch of membership fascia Central Mayorista.The first store, boasting a sales area of 37,700 sq ft, is scheduled to open in Puente Alto, Santiago, in the first quarter of next year.Central Mayorista will be aimed at retailers, ...
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News
H&M plans South American flagship
Swedish clothing retailer H&M plans to open its first store in South America in the first half of 2013.The store will be a full flagship located at the Costanera Center shopping mall in Santiago.H&M chief executive Karl-Johan Persson said: “It is our first step into the Southern Hemisphere, and we ...
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News
Walmart to focus on expanding existing operations
Walmart is to concentrate on expanding its operations in existing markets rather than entering new locations this year. However, the retailer is still looking at possibilities to enter new countries and acquire technology and other capabilities.Walmart highlighted it has no plans at present to enter Russia but said it would ...
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NewsClothes when you’re feeling sorry for yourself
This humble clothes brand was discovered in the Ripley department store in Santiago.
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GalleryTopshop, Santiago, Chile
There’s been a lot of news recently about Topshop beaming down in Chicago, but putting the US to one side for a moment, what about Chile?
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News
Cencosud launches virtual shopping system
Cencosud has launched Jumbo Mobile, a virtual shopping system located in Santiago’s underground rail network. The initiative will allow underground passengers to access more than 100 items via virtual shopping aisles by scanning in the QR codes using their mobile phones. The system will initially be available at the Escuela ...
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News
Second-quarter sales jump at Cencosud
Cencosud’s second-quarter sales jumped 21% to CLP1.8trn (£2.3bn). Chief executive Daniel Rodriguez recently said sales could top $14bn (£8.6bn) this year.During the period of global economic recovery in 2010, Cencosud invested $800m (£490m) in organic growth in the region and bought the Bretas supermarket chain in Brazil for an extra ...
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News
Department store operator Falabella reports net profit increase
The country’s largest department store operator Falabella reported its second-quarter net profit up 13.7% to CLP108.7bn (£141.6m) on the back of robust domestic demand throughout South America.Falabella’s regional expansion plans paid off as stores in Chile, Colombia and Peru also boosted the retailer’s bottom line.Sales soared 13.3% year-on-year to CLP1.25trn ...
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News
Cencosud sales up 16.1% to £7.3bn
Cencosud has posted a 16.1% increase in net sales to CLP6.19 trillion (£7.3bn) for 2010, while operating profit reached CLP306.5bn (£364m), as domestic demand recovered from the global financial crisis.Cencosud’s Chilean operations account for 46% of annual revenue, while the remainder comes from its four other South American operations.
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News
Falabella to invest £2.3bn to open 215 new stores and 16 new shopping centres
Department store and DIY retailer Falabella is accelerating its growth plans and now aims to invest $3.51bn (£2.3bn) between 2011 and 2015 to open 215 new stores and 16 new shopping centres.The retailer, which opened 27 new stores and three new shopping centres last year, previously expected to invest $2.57bn ...
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News
Falabella Q3 profit rockets 236.8%
Falabella has reported net profit of CLP81.9bn (£102m) for its third quarter, 236.8% above the figure for the same period last year.Revenues for the period rose by 21.6% to CLP1.08trn (£1.3bn). The company opened five supermarkets during the period, one in Chile and four in Peru. In Peru Falabella also ...