CHILE’S FALABELLA SAYS TO INVEST $3.9 BLN IN LATAM THROUGH 2021

Chilean retailer Falabella said that it plans to invest $3.9 billion from 2018 to 2021 to expand its operations in Latin America, with plans to open 108 new stores and eight shopping malls.

Santiago-headquartered Falabella, whose operations include department stores, supermarkets, home improvement centers, malls and financial services, operates in Argentina, Brazil, Chile, Colombia, Peru and Uruguay.

Source: Reuters

Categories: Investment,News

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