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Beijing Oriental Yuhong enters the Chilean market with Construmart acquisition
The Chinese company will acquire the Chilean home improvement chain for US$123 million.
Walmart Chile invests US$200 million to automate distribution center
The initiative includes an expansion of more than 65,000 m2, with an automated sector that will contain more than 1,400 autonomous robots and new technologies, focusing on logistics and in-s...
Walmart Chile announces US$1.3 billion investment
The plan includes opening 70 new supermarkets – 70% of which will be outside of Santiago – and creating more than 4,000 direct jobs over the next five years.
Walmart Chile and its commitment to female leadership
The U.S. retailer is the third largest employer in Chile, and 54% of its employees are now women, thanks to its inclusion and equality measures.
Turkish retail giant LC Waikiki will launch in Chile
The Turkish fashion chain, which has more than 1,200 stores worldwide, will arrive at the Mallplaza Oeste shopping center in the Cerrillos district of Santiago.
Peruvian giant to enter supermarket business in Chile
The Intercorp holding company is the supermarket business leader in Peru, with a 40% share. Its owner has been listed among the richest people in the world.
Hasbro backs growth of innovation and technology in LatAm
The US manufacturer is assessing its offer of traditional toys, new lines and licensed brands such as Disney.
Decathlon will have 12 stores in Chile in 2024
The company opened three shops in the country this year and will expand to Talca and Puerto Montt next year. The firm’s local CEO says that they hope to become «the leading athletic wear bra...
E-commerce: 49% of Chileans are intensive internet shoppers
A survey by Mercado Libre and GfK revealed that those between 25 and 34 years old and over 65 are most likely to report being heavy e-commerce users.
Walmart and ENGIE open first industrial green hydrogen plant
The initiative, which aims to reduce the carbon footprint of the retail company’s logistics processes in Chile, is the first of its kind in Latin America.