All Chile articles

  • El Palacio de Hierro

    In 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.

  • The Body Shop White City Westfield

    The 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.

  • Falabella

    Opinion: 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?

  • 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.

  • Waitrose is tapping into demand for British products overseas

    Waitrose 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.

  • Topshop in Santiago, Chile

    Analysis: 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.

  • 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.

  • 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 ...

  • 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.

  • 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 ...

  • News

    H&M plans South American flagship


    Swedish clothing retailer H amp;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 ...

  • 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 ...

  • In Chile, sorry comes very easily

    Clothes when you’re feeling sorry for yourself


    This humble clothes brand was discovered in the Ripley department store in Santiago.

  • Topshop, Santiago, Chile

    Topshop, 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?

  • 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 ...

  • 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 ...

  • 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 ...

  • 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. ...

  • 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 ...

  • 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 ...